Trading

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…

GCM Resources: Run up to golden cross

GCM Resources: Run up to golden cross

1 mins. to read

With GCM Resources’ technicals looking so appealing right now it’s a case of having to dial down enthusiasm levels. On the fundamental front the latest positive news for GCM Resources is related to a recently signed consultancy agreement for the proposed development of a 2,000 megawatt power plant in Bangladesh. Indeed, the deal was said to…

Eurasia Mining: Wedge breakout targets return to 1p zone

Eurasia Mining: Wedge breakout targets return to 1p zone

1 mins. to read

After a rather long gestation period, shares of Eurasia Mining (EUA) may finally be set to deliver on the hopes of shareholders. It really has been quite a wait as far as bulls of Eurasia Mining have been concerned in the recent past. Indeed, we have seen the shares drift to three year lows over…

Nyota Minerals: Golden cross aftermath targets 0.4p

Nyota Minerals: Golden cross aftermath targets 0.4p

1 mins. to read

Nyota Minerals (LON:NYO) has been on the technical radar for quite some time, but the question here has been when to pull the bullish trigger… As far as the fundamentals of Nyota Minerals are concerned, this has been a year of change and hopefully renaissance, ever since the news in early January that the company…

Petrofac: Last chance support line

Petrofac: Last chance support line

1 mins. to read

Every now and then we are reminded that blue chips are not always totally blue. Petrofac (LON:PFC) is the latest candidate to provide this warning. Given how low shareholders are in the corporate food chain it is normally fair to say that if anything serious goes awry in terms of money or governance one would…

UK Oil & Gas: Exhaustion gap reversal could lead back to 1.2p

UK Oil & Gas: Exhaustion gap reversal could lead back to 1.2p

1 mins. to read

Having been something of a disappointment to traders and investors in the past, I wonder whether UK Oil & Gas (LON:UKOG) is set for a reboot not only in the fundamentals, but also in sentiment… It has been in intriguing year to date for UK Oil & Gas, the south of England focused explorer. For…