Zak Mir video blog on bulletin board heroes: Doriemus, Tethys Petroleum and UK Oil & Gas

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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:

Doriemus (DOR)

Extended base within a rising October 2013 price channel.

Push through May 0.1p support required to accelerate recovery.

Above May support suggests eventual 2.5p plus zone during the next 1-2 months.

Tethys Petroleum (TPL)

May / June bear trap rebound support within falling November 2013 price channel.

Bullish divergence in RSI window after lower June price floor.

Implied 30 plus target at the top of a falling 2013 channel while support towards 20p remains in place.

UK Oil & Gas (UKOG)

Higher May floor versus December below 0.4p.

December price channel rebound accompanied by bullish RSI divergence.

Implied target towards 1p on a 1-2 month timeframe to be accelerated by 50 day moving average break, currently at 0.52p.

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