CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO
Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors.
Here are the key points from today’s video:
Aminex (AEX)
Best case scenario target now on offer over the next month is 4p at a 2013 resistance line projection heading for 4p.
An end of day close back below the 20 moving average at 2.18p is a decent risk / reward stop loss.
Any weakness towards the 20 day moving average is regarded as a buying opportunity at the moment.
Camco Clean Energy (CCE)
The shares have delivered a very healthy 200 day moving average breakout to leave them in a likely bull flag / mid move consolidation.
The top of December rising trend channel towards is the implied one month technical target.
The stop loss is an end of day close back below the 10 day moving average at 5.39p for cautious traders.
Jubilee Platinum (JLP)
There has been a sharp rebound to break the 50 day moving average at 1.32p.
The falling trend channel from February backs Jubilee Platinum towards 1.75p plus by the end of October.
The favoured stop loss is an end of day close back below the 1.25p February support line.
GET YOUR FREE COPY OF DOMINIC PICARDA’S GUIDE TO TECHNICAL ANALYSIS – CLICK THE IMAGE BELOW