Trading

Hydrodec: Above 200 day line should lead to 5p

Hydrodec: Above 200 day line should lead to 5p

1 mins. to read

Ironically, Hydrodec (LON:HYC) would typically be the type of stock I would avoid charting. But the present situation on the daily chart is rather hard to resist. I have to admit that Hydrodec is not a company which I have been over familiar with, despite my almost encyclopedic knowledge of the AIM market’s more famous,…

Uru Metals: Measured move targets up to 4p

Uru Metals: Measured move targets up to 4p

1 mins. to read

While it may be the case that Uru Metals (LON:URU) shares are somewhat “over followed” at the moment, this doesn’t mean we don’t have decent charting material on our hands. Although many of us prefer to dodge the most heated of social media backed stocks and those where there has been a vertical move higher…

Sound Energy: Above 50 day line targets as high as 120p

Sound Energy: Above 50 day line targets as high as 120p

1 mins. to read

While it may be the case that Sound Energy (LON:SOU) (or Sound Oil, as it used to be) was never quite an ugly duckling, there is little question this company has become a swan of quite grand proportions. On the face of it, Sound Energy has offered a remarkably smooth journey over the recent past.…

Solo Oil: Golden cross aftermath targets 0.8p zone

Solo Oil: Golden cross aftermath targets 0.8p zone

1 mins. to read

It has not exactly been a pleasant journey for shareholders of Solo Oil (LON:SOLO) in the recent past. However, the general stock market revival, as well as improved sentiment towards minnow explorers, looks to be helping out the company’s share price. There are perhaps a couple of key factors helping the Solo Oil cause which…

London Capital Group: Initial 200 day line targets 3.9p

London Capital Group: Initial 200 day line targets 3.9p

1 mins. to read

It has not exactly been a pleasant ride for shareholders of London Capital Group (LON:LCG). But it does appear from a charting perspective that things may finally be on the move. The end of last year witnessed quite a bombshell from the FCA – who presumably to both justify its existence and to distract from…

Mkango Resources: Above 4p should lead to 7p

Mkango Resources: Above 4p should lead to 7p

1 mins. to read

It is perhaps just as difficult to grapple with a company which divides investor opinion, as one which is held in low regard. This concept is currently being fought out at Mkango Resources (LON:MKA) in the wake of its latest news update. It has certainly not been a smooth ride for Mkango Resources shareholders, either…

EVR Holdings: Trend channel target still towards 14p

EVR Holdings: Trend channel target still towards 14p

1 mins. to read

EVR Holdings (LON:EVR) was supposed to be one of my stocks for 2017. It would appear that even as the first month is over the virtual reality group has lived up to the bullish promise. December was the big month for virtual reality content provider EVR, with the transformational Warner Music/WEA International deal being reflected…

Premier African Minerals: Wedge breakout targets 0.5p plus

Premier African Minerals: Wedge breakout targets 0.5p plus

1 mins. to read

Premier African Minerals (LON:PREM) has been on the private investor watch list for quite some time. However, after relative disappointment in share price terms, it could very well be that things are finally on the move. At first glance the daily chart of Premier African Minerals does not offer much cause for optimism. While most…

Vast Resources: Bull flag breakout could target 0.7p

Vast Resources: Bull flag breakout could target 0.7p

1 mins. to read

I have to admit that after the Vast Resources (LON:VAST) share price was slapped down in the second half of 2015, it was rather difficult to keep the faith with the stock – until now. It has not exactly been a pleasant ride as far as fans of Vast Resources have been concerned, and it…

How to understand candlesticks

How to understand candlesticks

1 mins. to read

This month we will take a look at a sub-division of the world of charting and technical analysis – the Japanese candlestick chart and a couple of associated patterns. This form of representing price data has become very popular in recent years.  It is an approach that is thought to date back to the 18th…