Trading

Eqtec: Golden cross aftermath points to 20p plus

Eqtec: Golden cross aftermath points to 20p plus

1 mins. to read

While it may be over egging it to suggest that Eqtec (LON:EQT) is my new favourite minnow, there is plenty on the technical and fundamental side here to appreciate. One of the happy realities for the start of 2017, and for those like myself who love small caps, is that we are very much back…

Bacanora Minerals: Gap through 200 day line could lead to 110p

Bacanora Minerals: Gap through 200 day line could lead to 110p

1 mins. to read

Bacanora Minerals (LON:BCN) was one of my stocks for 2016, and at least as far as the first half of the year the call was decent. The question for the start of 2017 is whether the shares can deliver in a significant way. What can be seen on the daily chart of Bacanora Minerals is…

Hurricane Energy: Rising trend channel pointing towards 70p

Hurricane Energy: Rising trend channel pointing towards 70p

1 mins. to read

I have to admit that after conducting rigorous research for today’s coverage of Hurricane Energy (LON:HUR), my impression that this was a company worth around £50m turned out to be rather on the low side. It is interesting that the latest stellar share price run has left the company with a market capitalisation of over…

Westminster Group: Wedge breakout anticipated

Westminster Group: Wedge breakout anticipated

1 mins. to read

I have to admit that the Twitterati I follow are increasingly an excellent source of charting material. At the very least they provide situations such as Westminster Group (LON:WSG), which one can then investigate. What can be seen on the daily chart of security group Westminster is that the shares have been in a holding…

Tern: Cup & handle formation points to 20p

Tern: Cup & handle formation points to 20p

1 mins. to read

I have been a fan of Tern Plc (LON:TERN) without knowing much more about the company other than the buzzword concept “the internet of things.” However, it could very well be that this and a bit of charting may actually be enough. I have to say the journey for fans of tech investor Tern has…

Versarien: Golden cross and bull flag breakout target 32p

Versarien: Golden cross and bull flag breakout target 32p

1 mins. to read

Versarien (LON:VRS) is a standout stock, perhaps as much for the name as for what the company does. The present charting setup is also noteworthy. I have to admit to having something of a soft spot for cutting edge tech companies, both of the gadget variety and, in the case of Versarien, materials as well.…

Tlou Energy: “Rocket launcher” set up could lead to 14p

Tlou Energy: “Rocket launcher” set up could lead to 14p

1 mins. to read

One of the technical setups which I enjoy, especially when it produces the fireworks it is normally associated with, is the gap through the 50 day moving average. Tlou Energy (LON:TLOU) exhibits this from as long ago as July last year. From a technical perspective it could be said that fans of Tlou Energy have…

Strategic Minerals: 2016 price channel heading for 1.7p

Strategic Minerals: 2016 price channel heading for 1.7p

1 mins. to read

It would appear that after quite a wait, the tipping point of profitability is set to be reached at Strategic Minerals (LON:SML). It really has been a rather long journey for Strategic Minerals to get its act together both fundamentally and technically. This can be seen on the daily chart where one notices at least…

Inspired Energy: Weekly chart target towards 23p

Inspired Energy: Weekly chart target towards 23p

1 mins. to read

Seldom do I follow stocks which have been recently featured in the financial press, largely because I feel that the financial press is not what it used to be. But Inspired Energy (LON:INSE) has made the grade, and deservedly so. Energy saving group Inspired Energy is featured here as a Chart of the Day despite…

Solgold: Technical target as high as 60p

Solgold: Technical target as high as 60p

1 mins. to read

It would appear that market commentators and investors alike are almost in gloating mode given the very solid start for small caps and AIM so far this year. Companies like Solgold (LON:SOLG) have led the way. My pet theory regarding the stock market and its 15 year plus hiatus was that as an asset class…