CLICK THE IMAGE BELOW TO WATCH TODAY’S 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:
Bowleven (BLVN)
Extended base within a rising January 2014 price channel.
Initial June unfilled gap to the upside and failed gap floor fill attempt is very bullish.
Above 20 day moving average at 35.2p suggests as high as 50p over the next 1-2 months.
President Energy (PPC)
Extended basing on daily chart since February towards 30p.
Implied 45p target at the top of a February gap to the downside while 200 day moving average zone is held.
Break of initial 35p June resistance is seen as a decent momentum buy trigger.
Software Radio Technology (SRT)
Higher June floor at base of a rising September price channel.
Break of 200 day moving average at 26p could be a decent buy trigger.
Implied target towards 35p on a 1-2 month timeframe to be accelerated by 200 day moving average break.
CLICK THE IMAGE BELOW TO GET ZAK’S TOP 5 CURRENCY PICKS FOR 2H 2014