Trading

Concha: Best case scenario triangle target at 1.5p

Concha: Best case scenario triangle target at 1.5p

1 mins. to read

I seem to remember (although my memory may be playing up) commentary regarding Concha (LON:CHA) being a stock to avoid. Since then the stock has doubled in the space of a week. Concha was a private investor favourite not so long ago. I have to confess I was caught up in the hype, helped along…

Intelligent Energy: Imminent 50 day line break targets 15p

Intelligent Energy: Imminent 50 day line break targets 15p

1 mins. to read

One of the most difficult things to get right in terms of timing stocks and markets is to get on board successfully after a bearish phase. We are reminded of this with the present position at Intelligent Energy (LON:IEH). It would appear that Intelligent Energy is leading the battle in terms of the development of…

MySquar: Triangle formation points back towards 4p

MySquar: Triangle formation points back towards 4p

1 mins. to read

MySquar (LON:MYSQ) certainly ticks most of the new economy buzzwords of the moment. The question now is whether the company can deliver on the business model. In theory the idea of a company which has a dominant position in terms of social media, gaming and payments in a large emerging economy should be one which…

88 Energy: Break of 3p could lead towards 5p

88 Energy: Break of 3p could lead towards 5p

1 mins. to read

88 Energy (LON:88E) has been and remains something of a stock market darling amongst private investors. It would appear that we are approaching the next stage in the company’s share price progression. Recent newsflow regarding 88 Energy centres on the onshore Alaska explorer’s 270,000 acre acquisition, and in particular the Icewine-2 drilling programme. This started…

Vipera: Run-up to golden cross targets 10p

Vipera: Run-up to golden cross targets 10p

1 mins. to read

Vipera (LON:VIP) is one of many stocks with decent prospects which was originally flagged to me by a Twitter follower – and a decent chap to boot. Vipera is a company which has so far managed to keep a rather low profile, something which always causes me to scratch my head with reference to any…

Metals Exploration: Wedge formation could lead back to 5p plus

Metals Exploration: Wedge formation could lead back to 5p plus

1 mins. to read

It is usually not wise to catch a falling knife in the financial markets, or indeed, anywhere else. But the example of Metals Exploration (LON:MTL) does suggest that sometimes rules are there to be broken. What can be seen on the daily chart of Metals Exploration is that the post-July 2016 period has, to date,…

Oilex: Triangle target to 0.6p initially

Oilex: Triangle target to 0.6p initially

1 mins. to read

It would appear we are somewhat spoiled for choice as far as bouncing minnows are concerned, with recent favourites Bos Global, Wandisco and Versarian all doing well. But Oilex (LON:OEX) takes the prize. I have to admit that having not had a close look at the Oilex daily chart for quite some time I was…

Georgian Mining: Trend channel target towards 30p

Georgian Mining: Trend channel target towards 30p

1 mins. to read

It looks as though the big turnaround for Georgian Mining (LON:GEO) is finally on its way, a process which arguably started as long as ago as January. As you might expect with a mining minnow, the big breakthrough here at Georgian Mining came with the announcement of the maiden Copper resource at the end of…

Rockhopper Exploration: Above 20p targets towards 30p

Rockhopper Exploration: Above 20p targets towards 30p

1 mins. to read

It has not exactly been an easy ride for shareholders of Rockhopper Exploration (LON:RKH). However, those new to the “party” might be interested at present share price levels. It really is something to say that the share price of Rockhopper is as volatile as the newsflow, especially given that the explorer already occupies a very…

Sirius Minerals: U-shaped reversal higher continues

Sirius Minerals: U-shaped reversal higher continues

1 mins. to read

When showing others in its sector how to deliver the process of transitioning from a resource to a fully-fledged development project, Sirius Minerals (LON:SXX) has proved to be quite a revelation. As far as the AIM market is concerned, and arguably throughout many stock markets, the track record of mining companies has to be described…