Trading

Echo Energy: Imminent triangle breakout towards 0.8p

Echo Energy: Imminent triangle breakout towards 0.8p

1 mins. to read

Echo Energy (LON:ECHO), formerly Independent Resources, has already been one of the micro cap stocks of the year to date. It would appear from the daily chart configuration that a new leg to the upside should be with us within days. What was interesting about the break higher for Echo Energy, on news that Sound…

Challenger Acquisitions: Above 50 day line could target 8p

Challenger Acquisitions: Above 50 day line could target 8p

1 mins. to read

Having interviewed the CEO of Challenger Acquisitions (LON:CHAL) a couple of times, and having liked the concept behind the company, it is good to see the first stirrings of recovery for the stock price. I note today on Twitter that some of the traders who normally know what they are doing are backing Challenger Acquisitions…

Silence Therapeutics: Broadening triangle formation targets 150p

Silence Therapeutics: Broadening triangle formation targets 150p

1 mins. to read

It has been a long wait for fans of Silence Therapeutics (LON:SLN) to get a decent rebound in the stock, with the biotechnology group serving up quite a journey ahead of the latest news regarding its intellectual property estate. Having interviewed Silence Therapeutics a number of times, and having become familiar with what it is…

Optibiotix: Broadening triangle still promises 100p while above 60p

Optibiotix: Broadening triangle still promises 100p while above 60p

1 mins. to read

I have asked the CEO of Optibiotix (LON:OPTI) to investigate one of the world’s most serious afflictions, male pattern baldness, now that the health supplements area appears to have been cracked… Given how much has been happening at Optibiotix since the end of 2015, it would appear somewhat churlish of the market not to regard…

Redx Pharma: Triangle breakout could lead back to highs

Redx Pharma: Triangle breakout could lead back to highs

1 mins. to read

There are few things on the stock market quite as enticing as a drug developer which reveals itself as having made significant progress. This is the position which has just been revealed at Redx Pharma (LON:REDX). Although it has only just been announced that Redx Pharma is to make a clinical trial application for its…

Mysquar: Fresh technical target to 7p up from 4p

Mysquar: Fresh technical target to 7p up from 4p

1 mins. to read

I do not normally follow up on “winning” calls, as one usually ends up acquiring the appearance of being a nasty hybrid between a used car salesman, an estate agent and a politician. But it has been a good week for a Mysquar call I made seven days ago. The reason for covering the technical position of…

Angus Energy: Above the 50 day line targets up to 16p

Angus Energy: Above the 50 day line targets up to 16p

1 mins. to read

There is an interesting shuffling of the fundamental pack as far as Angus Energy (LON:ANGS) is concerned, it has been announced today. It is difficult to know whether to laugh or cry on behalf of investors in the South of England oil & gas story, where it may be said that there has been something…

PCG Entertainment: Possible triangle formation recovery

PCG Entertainment: Possible triangle formation recovery

1 mins. to read

PCG Entertainment (LON:PCGE) is a company which I have had on the passive “watchlist” for quite some time. It would appear that at the very least, there are some signs of the stock bumping along the bottom. It may just be me, but there would appear to be quite a few triangle formation recovery plays…

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…