Zak Mir

GCM Resources: Run up to golden cross

GCM Resources: Run up to golden cross

1 mins. to read

With GCM Resources’ technicals looking so appealing right now it’s a case of having to dial down enthusiasm levels. On the fundamental front the latest positive news for GCM Resources is related to a recently signed consultancy agreement for the proposed development of a 2,000 megawatt power plant in Bangladesh. Indeed, the deal was said to…

Eurasia Mining: Wedge breakout targets return to 1p zone

Eurasia Mining: Wedge breakout targets return to 1p zone

1 mins. to read

After a rather long gestation period, shares of Eurasia Mining (EUA) may finally be set to deliver on the hopes of shareholders. It really has been quite a wait as far as bulls of Eurasia Mining have been concerned in the recent past. Indeed, we have seen the shares drift to three year lows over…

Nyota Minerals: Golden cross aftermath targets 0.4p

Nyota Minerals: Golden cross aftermath targets 0.4p

1 mins. to read

Nyota Minerals (LON:NYO) has been on the technical radar for quite some time, but the question here has been when to pull the bullish trigger… As far as the fundamentals of Nyota Minerals are concerned, this has been a year of change and hopefully renaissance, ever since the news in early January that the company…

Petrofac: Last chance support line

Petrofac: Last chance support line

1 mins. to read

Every now and then we are reminded that blue chips are not always totally blue. Petrofac (LON:PFC) is the latest candidate to provide this warning. Given how low shareholders are in the corporate food chain it is normally fair to say that if anything serious goes awry in terms of money or governance one would…

UK Oil & Gas: Exhaustion gap reversal could lead back to 1.2p

UK Oil & Gas: Exhaustion gap reversal could lead back to 1.2p

1 mins. to read

Having been something of a disappointment to traders and investors in the past, I wonder whether UK Oil & Gas (LON:UKOG) is set for a reboot not only in the fundamentals, but also in sentiment… It has been in intriguing year to date for UK Oil & Gas, the south of England focused explorer. For…

Innovaderma: Clearance of 275p opens up 500p technical target

Innovaderma: Clearance of 275p opens up 500p technical target

1 mins. to read

It is not always a good idea to keep hiking price targets on stocks and markets. However, in the case of Innovaderma (LON:IDP) this would appear to be the way to go for now. It may be said that the only really bad part of the Innovaderma experience in the recent past was the pullback/flushout…

dotDigital: Rising trend channel could lead to 100p

dotDigital: Rising trend channel could lead to 100p

1 mins. to read

Perhaps rather interestingly, dotDigital (LON:DOTD) is not a company whose shares normally appear on the most traded or trending of the day. But that is not the case today. Although the tech space is traditionally a little weak in delivering profits, especially from the early days, there are always exceptions to prove the rule. One…

Serica Energy: Rising trend channel points to 40p

Serica Energy: Rising trend channel points to 40p

1 mins. to read

I am not sure what the acid test is when it comes to buying shares. However, just a couple of months ago I was thinking of buying shares of Serica Energy (LON:SQZ) for my nine-year old son to illustrate the “magic” of investing on the stock market. Although technical analysts are notorious for being short-termist,…

Infrastrata: Clearance of 200 day line targets 1.4p

Infrastrata: Clearance of 200 day line targets 1.4p

1 mins. to read

Although it may be said that Infrastrata (LON:INFA) has been something of a Cinderella stock in the recent past, it would appear that the latest developments at the group could signal the start of a lasting turnaround. Apart from the share price drift, there have been a couple of problems associated with the Infrastrata story…

Echo Energy: Imminent triangle breakout towards 0.8p

Echo Energy: Imminent triangle breakout towards 0.8p

1 mins. to read

Echo Energy (LON:ECHO), formerly Independent Resources, has already been one of the micro cap stocks of the year to date. It would appear from the daily chart configuration that a new leg to the upside should be with us within days. What was interesting about the break higher for Echo Energy, on news that Sound…