Zak Mir video blog on bulletin board heroes: Bacanora Minerals, Hurricane Energy and Leni Gas & Oil

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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:

Bacanora Minerals (BCN)

Recent September consolidation has been towards the 20 day moving average at 71p.

An end of day close above the 20 day line could trigger a rise towards range highs of 90p.

The preferred stop loss is an end of day close back below the 65p zone.

Hurricane Energy (HUR)

The shares have delivered a very healthy consolidation at and above the 38p zone in recent weeks.

An end of day close above the 50 day moving average at 41.73p would be a decent momentum buy trigger.

The stop loss is an end of day close back below August 36p support for cautious traders.

Leni Gas & Oil (LGO)

There has been an extended base made by the shares at the floor of a June price channel towards 4.5p

The rising trend channel from December backs Leni Gas & Oil towards 7p plus by the end of October.

The favoured stop loss is an end of day close back below the 10 day moving average at 4.47p.

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