Zak Mir Video Blog On Bulletin Board Heroes: Atlantic Coal, Rare Earth Minerals and Wild Horse Energy

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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:

Atlantic Coal (ATC)

The shares have delivered an extended rebound since July along the floor of a rising trend channel from January

The near term support for the shares is coming in towards 200 day moving average at 0.17p

Above the 200 day line the initial target for Atlantic Coal is a return to the 0.35p plus resistance zone.

Rare Earth Minerals (REM)

Post July consolidation looks complete after sharp rebound from floor of May price channel towards 1.3p

Above the May price channel floor suggests a possible return to the July resistance zone above 2p

Cautious traders would wait on an end of day close back above the initial September peak at 1.6p plus before going long.

Wild Horse Energy (WHE)

The shares look to have stabilised after an extended September base below 0.3p.

The best way forward now is to assume further upside while the June price channel floor at 0.33p  / 20 day moving average remain unbroken.

Only an end of day close back below the 20 day line would delay the prospect of a push towards the 20 day moving average zone at 0.96p.

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