Zak Mir video blog on Castleton Technology, Mosman Oil & Gas and Rose Petroleum

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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:

Castelton Technology (CTP)

Recent multiple bounces off the 2014 price channel floor.

Latest rebound above the 0.95p 50 day moving average level is likely to lead to sustained move to initial 1.7p price channel top target.

Best case scenario target towards 2.5p at a late 2013 resistance line projection.

Mosman Oil & Gas (MOS)

Painful retreat from 56p June intraday peak.

Some risk of another false dawn here unless the 10 day moving average at 27p is broken.

Above 10 day line targets partial or even full retest of June peak with stop loss just below 20p.

Rose Petroleum (ROSE)

50 day moving average rebound at 1.6p triggered latest rebound.

Above 10 day moving average at 2.21p allows for partial/full retest of recent 4p resistance.

Only sustained price action back below the 50 day line now considered outright bearish.

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