Trading

Uru Metals: Broadening triangle targets as high as 3p

Uru Metals: Broadening triangle targets as high as 3p

1 mins. to read

It may just be me, but it does appear that there are several saucer formation stocks around in the small caps space currently. One of the flavours of the month is Uru Metals (LON:URU). What can be seen on the daily chart of Uru Metals amounts to a classic extended share price turnaround situation. This…

Oxford Pharmascience: Break of 50 day line points towards 3p

Oxford Pharmascience: Break of 50 day line points towards 3p

1 mins. to read

Given that both my parents are doctors, I of course feel fully qualified to discuss the investment proposition at Oxford Pharmascience Group (LON:OXP). I have a memory like a sieve when it comes to almost all fields of human endeavour (chart patterns are an exception), so it seems appropriate to write up my views in…

ECR Minerals: Triangle target towards 3.5p

ECR Minerals: Triangle target towards 3.5p

1 mins. to read

One of the challenges of charting minnows on the stock market is to identify the differences between flash-in-the-pan spikes for a stock and a lasting turnaround. With ECR Minerals (LON:ECR) there are currently a couple of clues. It has been quite a journey over the past year for ECR Minerals, something which can be seen…

W Resources: Back to key 0.35p – 0.4p support zone

W Resources: Back to key 0.35p – 0.4p support zone

1 mins. to read

It can be said with a certain amount of regret that shares of W Resources has not exactly joined the mining sector party. Perhaps now at the start of 2017 the company’s time has finally come? The Iberia focused mining group appears to have talked the talk and walked the walk – to borrow an horrific…

Red Rock Resources: Upside now towards 1.2p

Red Rock Resources: Upside now towards 1.2p

1 mins. to read

I have had a long standing technical target of 1.1p on Red Rock Resources (LON:RRR). The latest newsflow makes this appear all the more realistic near term. Having fully nailed down the name of the Executive Chairman of Red Rock Resources really seems to have helped out on the technical analysis of the stock for…

Amur Minerals: Golden cross aftermath targets 20p

Amur Minerals: Golden cross aftermath targets 20p

1 mins. to read

It has been quite a journey for shareholders of Amur Minerals (LON:AMC). But it would finally appear that the fundamental and technical positions are starting to be revealed in positive fashion. Although Amur Minerals is sitting on a world class asset in Kun-Manie, it may be the logistics and the financials at its East Russia…

Gulfsands Petroleum: Triangle breakout could now lead to 25p

Gulfsands Petroleum: Triangle breakout could now lead to 25p

1 mins. to read

It could be said that even considering Gulfsands Petroleum (LON:GPX) as a possible investment would be a case of going where angels fear to tread. However, as seasoned campaigners will be aware, this is precisely the type of company which provides the best opportunities. One of the most difficult things to do when it comes…

Optibiotix: Broadening formation points towards 90p

Optibiotix: Broadening formation points towards 90p

1 mins. to read

Optibiotix (LON:OPTI) has been one of those rare beasts: a reliable small cap company prospect. Here the shares have gone up, and largely stayed up. As luck would have it, today I bumped into the CEO of Optibiotix, Stephen O’Hara. The company is one I have followed from the word go, and its continued progress…

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…