Trading

Cap-XX: Triangle breakout targets 12p plus

Cap-XX: Triangle breakout targets 12p plus

1 mins. to read

Cap-XX (LON:CPX) seems to be sending some mixed messages out on the fundamental front. But at least on the technicals we are looking at a situation where the longs are on the front foot. The 7 June update from supercapacitor designer and maker Cap-XX was a good news/bad news affair in the sense that while…

Petrofac: Island reversal to lead back to 550p

Petrofac: Island reversal to lead back to 550p

1 mins. to read

It would appear that the optimists are back in charge as far as Petrofac (LON:PFC) is concerned. The question now is whether or not this can last… Although it is difficult to be entirely precise when a stock or market is under the influence of controversial newsflow, it was possible to suggest that below 380p…

URU Metals: All about the 200 day line

URU Metals: All about the 200 day line

1 mins. to read

I was keen enough to attend a presentation of URU Metals (LON:URU) earlier this year when the shares were trading above 4p. The question now with the stock below 2p is: What are the technicals saying? For a company which was seemingly on everyone’s lips to start 2017, there appears to be something of a…

Ncondezi Energy: Bullish wedge turnaround

Ncondezi Energy: Bullish wedge turnaround

1 mins. to read

It has been a rather rough ride to say the least for shareholders of Ncondezi Energy (LON:NCCL). The question now is whether or not recovery is finally in the air. In terms of how nasty a small cap situation can be, there have been a few in the recent past where the share price has…

Arian Silver: Wedge breakout points back towards 1.30p plus

Arian Silver: Wedge breakout points back towards 1.30p plus

1 mins. to read

It would appear that stock market darling Arian Silver (LON:AGQ) has rather cooled off since earlier in the year. Presumably its fans are hoping for fresh fundamental drivers. Shares of Arian Silver have been on the back foot of late, not helped one supposes by the rather lacklustre state of the underlying metal. However, I…

Kaz Minerals: Triangle breakout could lead to 700p

Kaz Minerals: Triangle breakout could lead to 700p

1 mins. to read

The chart of Kaz Minerals (LON:KAZ) is typical of many contemporaries, in that the past few months have witnessed a consolidation of massive moves to the upside. One of the big problems with trading is trying to assess whether a bull run has ended or whether we have a dip to buy into. This is…

Bos Global: All about holding the 200 day line at 8.5p

Bos Global: All about holding the 200 day line at 8.5p

1 mins. to read

It seems appropriate to update the technical position on recent Chart of the Day favourite, Bos Global Holdings (LON:BOS). Although I have interviewed Bos Global on a couple of occasions, it has to be admitted I might have to interview the company a hundred times to get the full picture regarding the business productivity software…

Petropavlovsk: Rising trend channel target at 11p

Petropavlovsk: Rising trend channel target at 11p

1 mins. to read

I have to admit it took me so long to be able to spell and pronounce Petropavlovsk (LON:POG) that any opportunity to show off these skills is welcome, over and above the recovering the share price we are seeing at the moment. The latest news regarding the Russia focused Gold minor is that the company…

88 Energy: Long-awaited triangle breakout targets 5p

88 Energy: Long-awaited triangle breakout targets 5p

1 mins. to read

We have been treated to a decent few weeks of newsflow for 88 Energy (LON:88E), with the technical position also backing up the positive move. One of the most important aspects as far as small cap companies are concerned is the need for a regular flow of significant positive news in order to drive liquidity.…

Sirius Minerals: Technical target towards 60p through 2017

Sirius Minerals: Technical target towards 60p through 2017

1 mins. to read

It still looks as though Sirius Minerals (LON:SXX) is a situation which continues to fire the imagination of private investors and beyond. The lesson which has become clear to me at the relatively late age of 50 is that the only resources companies which are really worth getting on the back of are those who…