UK 00:18 Tuesday, 22 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
While it may be wrong to go for the statistical approach on charting formations, particularly when they relate to stocks in the commodities space, it is usually the case that you can rely on gaps to the upside – through the 200 day moving average. This has just been delivered at Europa Oil & Gas (EOG), and when you add in the way that the was also off the floor of a rising trend channel from July last year based at 8p the buy signal is all the more compelling.
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