Trading

Feedback: Above 50 day line points as high as 5p

Feedback: Above 50 day line points as high as 5p

1 mins. to read

It appeared that for a while there was a degree of negative sentiment associated with medical imaging group Feedback (LON:FDBK), but the background noise now looks to have finally cleared, so to speak. It can be seen from the daily chart of Feedback that we are finally back on the front foot, a point underlined…

Red Rock Resources: 200 day line rebound points to 1.1p

Red Rock Resources: 200 day line rebound points to 1.1p

1 mins. to read

The latest newsflow regarding Shoat’s Creek reminds us that Red Rock Resources (LON:RRR) is firmly back in favour as far as investors and traders are concerned. The path to shareholder glory for Red Rock Resources is proving to be a long one. One of the highlights for me in the recent past was forgetting the…

Edenville Energy: “Rocket launcher” setup comes up trumps

Edenville Energy: “Rocket launcher” setup comes up trumps

1 mins. to read

I have to admit I liked the story behind Edenville Energy (LON:EDL), emanating from late summer last year onwards, that the Tanzanian Government had banned coal imports. By rights this should have made the shares climb vertically, something which would have been all the more pleasing given the way that at the time they were…

European Metals: Extended bull run towards 50p

European Metals: Extended bull run towards 50p

1 mins. to read

One of the highlights of the past year on the stock market has been the rise and rise of mining stocks. But the problem has tended to be the embarrassment of riches in terms of the choice of companies to go for. Nevertheless, European Metals (LON:EMH) has offered a smoother ride than most. European Metals…

Nostra Terra Oil & Gas: Break of 200 day line could lead to 4.5p

Nostra Terra Oil & Gas: Break of 200 day line could lead to 4.5p

1 mins. to read

It has been a long journey for shareholders of Nostra Terra Oil & Gas (LON:NTOG). The big question is whether or not the enthusiasm of its CEO, Matt Lofgren, will be able to take the company to the promised land. The Nostra Terra story has been a rather challenging one for its arm of loyal…

Central Rand Gold: Wedge breakout targets 200 day line at 1.82p

Central Rand Gold: Wedge breakout targets 200 day line at 1.82p

1 mins. to read

Perhaps the most polite description of shares of Central Rand Gold (LON:CRND) is that the shares have been one of the Cinderella plays of its particular sector. It really has not been a great ride for bulls of Central Rand Gold, with the great issue here being not so much the decline in the stock,…

Sirius Petroleum: Above 1.20p targets as high as 2.5p

Sirius Petroleum: Above 1.20p targets as high as 2.5p

1 mins. to read

I was looking for 1p as a technical target on Sirius Petroleum (LON:SRSP) in December, with the good news being that this has been hit easily – ironically, helped out by the fundamentals. December really was the transformational month for Sirius Petroleum, with the headlines focused on a cash raise – something which is always…

Satellite Solutions: Above 9p targets 13p

Satellite Solutions: Above 9p targets 13p

1 mins. to read

It may sound facetious, but there is a lot to be said for having a personal knowledge of the company you are going to invest in, over and above shopping in a supermarket, or having a current account at a bank. With this in mind we look at Satellite Solutions (LON:SAT). One of the rules…

Kodal Minerals: Gap higher towards 0.35p

Kodal Minerals: Gap higher towards 0.35p

1 mins. to read

One of the perennial issues facing small caps is to effectively garner the positive attention of private investors. As far as Kodal Minerals (LON:KOD) has been concerned, this looks like it is finally coming to pass. One of the problems that many private investors can have is seeing the wood for the trees in terms…

Pantheon Resources: Sustained price action above 100p required

Pantheon Resources: Sustained price action above 100p required

1 mins. to read

A previous technical call on Pantheon Resources (LON:PANR) suggesting that below 100p the stock could fall to 50p was not exactly popular. However, the late 2016 dive towards 60p meant that this view was not too wide of the mark. Pantheon Resources was one of the most outstanding small cap stocks of the first part…