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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:
Antrim Energy (AEY)
Unfilled gap to the upside through the 200 day moving average.
Main resistance zone initially towards 10p.
Possible support from a November trendline at 6p.
Castleton Technology (CTP)
Progress within a rising trend channel from December on the daily chart.
Above recent 1.2p July resistance zone should lead to 1.8p 2013 resistance line on 1-2 month timeframe.
Initial technical stop loss at 1.05p, the 50 day moving average level and price channel floor.
Serabi Gold (SRB)
Extended basing within the 2013 price channel floor.
Latest price action strength backed by unfilled gap to the upside through the 200 day moving average
Target towards last year’s price channel top at 8p by September.
CLICK THE IMAGE BELOW TO GET ZAK’S TOP 5 CURRENCY PICKS FOR 2H 2014