Zak Mir video blog on bulletin board heroes: Edenville Energy, Leyshon Energy 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:

Edenville Energy (EDL)

Extended base at floor of 2013 price channel.

Post March bear trap rebound from below 0.05p.

Above 0.05p suggests towards 0.15p former initial 2014 resistance.

Leyshon Energy (LEN)

Cup and Handle recovery situation.

Bull flag breakout above 50 day moving average.

January resistance line projection target.

UK Oil & Gas (UKOG)

Unfilled gap to the upside makes this a standout recovery.

Near approach of initial 1p target zone.

Best case scenario over 1-2 months is as high as the 1.5p January resistance line, with 50 day moving average stop loss at 0.53p.

CLICK THE IMAGE BELOW TO GET ZAK’S TOP 5 CURRENCY PICKS FOR 2H 2014