Ncondezi Energy has been something of a Robert the Bruce situation for the bulls. “If first you don’t succeed, try, try again. But overall the charting pattern remains solid. Ncondezi Energy (NCCL): December Price Channel Targets 9p What can be seen on the daily chart of Ncondezi Energy over the recent past is a highly…
While the price of precious metals, including Gold, has come off the boil slightly, it can be seen how the great revival in Gold stocks of all shapes and sizes continues. As many observers will be aware, in most instances it is a case of small is beautiful in terms of proxies to the mining…
FTSE 350 Stocks Aldermore Group (ALD): June Gap Floor Target On the face of it, the so called challenger bank Aldermore has had a relatively easy ride, especially considering the way it was founded in 2009, and has only known the “artificial” ultra-low interest rate environment accompanying QE. Although the traditional view is that ultra-low…
We are still likely to be on the right track as far as expecting mining stocks of all shapes and sizes to do good things for the long haul. However, the aftermath of the bumper 287,000 Non Farm Payrolls number for June in the US may just slow things down for a while. Glencore is…
In the aftermath of the shock Brexit vote, it’s clear that investors looking for bargains on the stock market, have seen both gifts and poison chalices. In the case of Primark owner AB Foods, it appears we have been treated to something of a steal at the lower levels. AB Foods (ABF): Above 2,500p Targets…
A gin & tonic is clearly one of the greatest inventions known to mankind, with or without tonic water from Fever-Tree Drinks. It will be interesting to see whether the company’s latest premium cola can catch the investor zeitgeist in the same way. Fevertree Drinks (FEVR): Above The 50 Day Line Targets 900p The overwhelming…
One of the standouts of the recent past, as far as the worlds of finance and politics are concerned, is how many of even the best rules and relationships have been rewritten. GlaxoSmithkline is currently doing this in a positive way. GlaxoSmithkline (GSK): The Elephant That Galloped Most of us are familiar with the stock…
I have to admit, the irritation factor associated with Moneysupermarket advertisements make it almost impossible to deliver an objective appraisal of the company. For this reason, there is always the charting perspective… Moneysupermarket.com (MONY): Downside Gaps Threaten 200p Perhaps one of those companies of whom the bears have been prowling for so long looking for…
FTSE 100 Stocks ARM Holdings (ARM): Push to 1,300p Expected It has been an extraordinary week in the aftermath of the Brexit vote, which has influenced much more than politics. What we can see from the stock market is that this has been a great barometer of the sentiment swirling around both Westminster and the…
It may be said that as far as the recent price action of Condor Gold is concerned, only Randgold Resources has really put the performance here in the shade. On the basis that “Elephants don’t gallop”, this may be a situation to consider for small cap fans of precious metals. Condor Gold (CNR): Target as…
