Zak Mir video blog on bulletin board heroes: Alba Mineral Resources, Regency Mines and Roxi Petroleum

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Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors.

Here are the key points from today’s video:

Alba Mineral Resources (ALBA)

Unfilled gap back within with a 2013 rising trend channel.

Initial 0.6p – 0.7p zone support.

Implied 1.20p 2013 resistance line projection target over the next month.

Regency Mines (RGM)

Rising 2014 price channel targets towards 0.55p.

Consolidation likely between the 50 day moving average at 0.25p and the 0.3p former resistance zone.

Clearance of the 200 day moving average should lead to 2014 resistance line over next 2-4 weeks.

Roxi Petroleum (RXP)

Unfilled bear trap gap reversal powers latest rally.

Likely mid move bull flag consolidation currently in place.

Above 10p on a sustained basis targets late 2011 resistance line projection as high as 14p over the following month.

CLICK THE IMAGE BELOW TO GET ZAK’S TOP 5 CURRENCY PICKS FOR 2H 2014

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