CLICK THE IMAGE BELOW TO VIEW THE VIDEO
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:
Leni Gas & Oil (LGO)
Extended base from the autumn finally leads to recovery.
Latest bull flag breakout through former 2013 resistance.
Implied “minimum” 2p target at the top of a rising 2013 price channel hit, with 2.5p as overshoot intraday.
Tangiers Petroleum (TPET)
New break above 200 day moving average.
Exhaustion gap reversal signal.
Initial swift 18p resistance test expected, then broadening triangle 20p plus.
Victoria Oil & Gas (VOG)
Latest long awaited rebound / weekly close above 200 day moving average.
Implied 2014 resistance retest of 1.6p.
Buy trigger, a break of 1.20p leading to 1.9p 2013 price channel top.
CLICK THE IMAGE BELOW TO GET ZAK’S TOP 5 CURRENCY PICKS FOR 2H 2014