Zak Mir

Domino’s Pizza: Trend changing price action points to 280p

Domino’s Pizza: Trend changing price action points to 280p

1 mins. to read

Domino’s Pizza (DOM) has clearly been a massive success on both a fundamental and technical basis for many years. It still continues in this vein, and therefore anyone attempting to call time on the bull run, or even begin to suggest that the group may be running out of steam, is likely to come a…

London Capital: Bullish falling wedge points to 8p

London Capital: Bullish falling wedge points to 8p

1 mins. to read

With over 25 years of direct experience of brokers/spreadbetting companies, the big takeaway I have is that it requires a great deal of effort to fail in this space. London Capital Group (LCG): Increased FX volatility could lead back to 8p Clearly the bar tends not to be set too high for broker research amongst…

Avanti Communications (AVN): Extended base could lead to 50p

Avanti Communications (AVN): Extended base could lead to 50p

1 mins. to read

Avanti Communications has been making some positive technical noises. That said, going for the underdog in a small-cap situation is not usually the way to go in this space. Avanti Communications (AVN): Extended base could lead to 50p again I have to admit that I am not really that fussed about the alleged negatives on…

Sports Direct: Gap support should lead to 350p

Sports Direct: Gap support should lead to 350p

1 mins. to read

Someone who walks around with £1,000 in £50 notes is clearly a person who is familiar with the concept of cashflow and a healthy balance sheet. Mike Ashley stepping back into the role of CEO at Sports Direct should eventually prove to be a positive for the company. Sports Direct (SPD): Gap Support Should Lead…

Strategic Minerals: Extended shuffle points towards 1p

Strategic Minerals: Extended shuffle points towards 1p

1 mins. to read

There are a few stock-market clichés to be applied to the latest rise at Strategic Minerals, especially from a technical perspective… Strategic Minerals (SML): Extended shuffle points towards 1p One of the best aspect of the small-cap space is that it is genuinely one where you can double or treble your money in a matter…

Enquest: Imminent triangle breakout towards 45p

Enquest: Imminent triangle breakout towards 45p

1 mins. to read

It is perhaps somewhat strange that OPEC and friends (Russia) have kind of managed to convince the markets they are able to control Crude Oil production enough to stabilise the underlying commodity. But at least Oil explorers seem to be on the front foot share price wise. Enquest (ENQ): Imminent triangle breakout towards 45p What…

Sterling’s flash crash is just the beginning

Sterling’s flash crash is just the beginning

1 mins. to read

On 4 October I asked the question whether the Pound is heading towards parity with the US dollar, something which even on Tuesday appeared to be scaremongering. This is not the case now… Sterling/Dollar: The flash crash is just the beginning I would have to confess the real surprise for me as far as Sterling…

Forbidden Technologies nears ‘golden cross’ buy signal

Forbidden Technologies nears ‘golden cross’ buy signal

1 mins. to read

As the cliché goes, timing is everything when it comes to the stock market. This is underlined by the present technical set up at Forbidden Technologies. Forbidden Technologies (FBT): Run Up To Golden Cross One of the problems with the small cap end of the stock market is the way liquidity issues can mean you…

Boohoo technicals target 140p by the end of next month

Boohoo technicals target 140p by the end of next month

1 mins. to read

The great divide between online and High Street retailers continues, and is something which the revamped BHS is clearly trying to muscle in on. Meanwhile Boohoo.com goes from strength to strength. Boohoo.com (BOO): July 140p price channel target It may have been the case that online retailer Boohoo.com was climbing a wall of worry earlier…

Is the pound freefalling towards parity with U.S Dollar?

Is the pound freefalling towards parity with U.S Dollar?

1 mins. to read

After today’s post-Brexit vote low for the Pound, it’s time for all the talking heads and financial journalists to describe the horrors of a weak currency. It is a pity the media is not exactly heavily populated by those who know what they are talking about, or are allowed to speak their mind… Sterling / Dollar:…