It has been quite a ride as far as the price action of Eden Research has been concerned over the past year, a point which is underlined by the way that the aftermath of the June – August double top towards 25p has been a near halving of the stock's value.
The daily chart of Miton Group has been an intriguing one from a technical perspective over recent months, something which is said on the basis that it for quite some time the stock has appeared to be a decent recovery situation.
Avesco certainly looks like a safe pair of hands on its daily chart, a point witnessed by the way it is possible to draw a wide rising trend channel in place from as long ago as August 2014. But there is more.
Zoo Digital was identified quite recently as a potential technical recovery situation, and it would appear that the stock has delivered for the bulls in a decent way, especially over the past couple of weeks.
Although it can be seen that shares of Centralnic came off the boil in the wake of their positive summer news with Alphabet and the not so inspired name change from Google, it could very well be that the period of pullback is finally over for this would be new economy winner.
If you want me to analyse a stock for you just drop me a line at firstname.lastname@example.org - Today I look at shares in Bushveld Minerals (BMN), Solo Oil (SOLO) and Tyratech (TYRU) setting share price targets for all three stocks.
Old resistance becoming new support is one of the key technical analysis and charting messages that one wishes to receive with regard to stocks and markets in steady uptrends. This is what we can currently see on the daily chart of Vectura Group.
In what are clearly troubled times for the stock market, it would appear to be sensible to veer away from the geopolitical cannon fodder that is commonly referred to as the FTSE 100, and go fo special situations further down the stock market like Clipper Ventures
Cadogan Petroleum feels like it is something of a blast from the past. Although saying that it could very well be that judge the whole of the oil sector to be a blast from the past, still awaiting the blast part of the phrase.
If the current financial markets environment is not conducive to Gold being a safe haven, then nothing is. One decent example of this is Condor Gold in the aftermath of a bear trap rebound from below 20p and the worst levels of the past year.
Given the rather painful start for the stock market for 2016 it may be the case that we appreciate the type of share price chart trajectory being witnessed on the daily timeframe of RTC Group over the past year.
While it is the case that for the FTSE 100 and many blue chips 2015 was a year to forget, further down the stock market there were some bright spots for which period January to December 2015 was a triumph from the get go.
Today’s second Bull Call, Clinigen, consists of what you might expect as far as a decent up trend situation, with the year to date generally witnessing a procession within a rising price channel, one which has been in place since the beginning of the year.
It is of course not necessarily the best of times to be looking at mining stocks on the bull tack, especially given the way that even one of the greatest investors of all of time, Warren Buffett, has had his worst year since 2009 due to the impact of the resources stocks meltdown.
What can be seen on the daily chart of Ironveld is the way that the shares have so far had a mixed year, with the hope in terms of the perspective of the bulls being that we might at least have laid the ground for a sustained recovery in 2016.
The type of chart action that you would like to see in times of stock market turmoil is what we are seeing at Burford Capital, a state of affairs which has been in place since in an ultra positive way since the beginning of this year.
As can be seen clearly on the daily chart of Skypharma over the course of 2015 we can see how the 250p zone has been loyal support for the stock on two main occasions, the first in January and the second in August.
At first glance it may not appear that shares of Polo Resources make for the best bullish contender, but there is enough here especially over the past couple of months to suggest that this is a bona fide recovery situation.
There are perhaps three major technical triggers on the daily chart of Polar Capital in the recent past.. The overall price action progression is within a broadening triangle which has been in place since the beginning of the year.
Although it is evident that shares of Image Scan are not exactly the most liquid in town, it can be seen how there has been a method to the madness in terms of the scraggly price action fitting within a narrowly converging triangle.
From memory, TT Electronics has been a possible mega growth prospect for years, if not decades. Indeed, fans of technical analysis have the chance of proving how important timing can be, even for the best fundamental prospects with this company.
The difference in terms of the latest price action on the daily chart of Premier African Minerals, as opposed to First Quantum Minerals (FQM) earlier, is the way that we have seen the falling wedge’s resistance line broken clearly over the past couple of sessions
Given the way that one of the best and most efficient ways of losing money over the past 5 years has been to attempt to find a floor in mining stocks, the fact that both of today’s Bull Call’s belong to this particular asset class may be a source of concern to some.
The present set up at Gable Holdings illustrates the prizes and the pitfalls which can be on offer, and perhaps as well how best to get around erratic technical behaviour of a potential recovery situation.
The summer share price trajectory on the daily chart of Churchill China reminds us of the way that for much of the recent past one would have quite understandably have shied away from any stock with the word “China".
On the daily chart of Redde where we can see that for well over a year it has been trading significantly above the 200 day moving average of 142p, and even mostly above the 50 day moving average 171.3p.
Learning technologies Group is a stock and a chart which I have not previously looked at from a technical perspective. But it would appear that even though we have a relatively short history on the daily chart, we have a significant bullish situation.
Given the shocking state of the stock market over recent days, to see any stock maintain a decent uptrend is quite a rarity. This thought comes to mind with the recent charting history of Iomart Group.
While it is the case that in today’s first Bull Call we are looking at a situation where we are n the run up to a golden cross buy signal between the 50 day and 200 day moving averages, as far as KBC Advanced Technologies are concerned it can be seen how the equivalent technical event occurred last month.
While the stock market as a whole may be praying that the Federal Reserve will pull something bullish out of its hat on Wednesday, such as chickening out of raising interest rates, the charting position at Kingston Communications appears to be surprisingly solid.
Visibility of earnings and dogged management have been the secrets of success for Adept Telecom on a fundamental basis, and this has been reflected very well in terms of the ultra trending price action which can be seen on the daily chart.
What it has been interesting about the past two years on the daily charge of LPA Group is the way that the stock has served up quite extended swings to both the upside and downside, albeit within a range between 60p and 140p.
On the face of it you would think that the daily chart of ImmuPharma represents a classic breakdown over recent months, one which would be a falling knife to catch for all but the most brave of bargain hunters.
In terms of having the comfort of a stock which appears to be a safe pair of hands on its daily chart, it would be difficult to find a situation that looks more robust than what we are looking at over the past couple of years at Advanced Medical Solutions.
A dilemma can be seen here on the daily chart of Hardide, where we have seen several credible false dawns all the way down from the autumn of last year when the 200 day moving average now at 1.2p was lost.
While the bulls might not yet be filled with joy at the reversal we have seen on the daily chart of LMS Capital, it can be seen that the post summer the price action here has been that of the aftermath of August's brief bear trap below the 70p level.
Although it may be argued that we are only a few weeks late in terms of coming to the party at shares of Eckoh on the daily chart, it does feel like this is a situation which has been a closely guarded secret to a small coterie of bulls.
With shares of NMC Health, it would appear that we are viewing a mature bull situation. This is said in the aftermath of a one year break to the upside within a rising trend channel from December last year.
At last in the case of Inspiration Healthcare Group (IHC) we have a situation where the shares have just bounced off the 200 day moving average at 39p, and off the floor of a rising share price trend channel which can be drawn from as long ago as April.
The charting position of shares in Craven House (CRV) looks to be textbook in terms of the progression we have witnessed within a rising trend share price channel from as long ago as the beginning of 2013.
This might not be the time in the share price cycle when you think that stockbrokers may flourish, but a venerable name in the business such as Walker Crips (WCW) could at least be in the frame on a technical perspective. The shares look attractive
The share price position now at Beximco Pharmaceuticals (BXP) is that we are looking at a progression within a wide rising trend channel for the shares which can be drawn from as long ago as the beginning of 2013.
It would appear to be that as far as shares of Allergy Therapeutics (AGY) are concerned you do not have to be an expert either on allergies or therapeutics in order to gain exposure to the long side. The movement of the share price is pretty categorical.
What can be seen on the daily share price chart of Andes Energia (AEN) is the way that apart from the odd revival on the way, most notably in the spring of this year, we have suffered a general swing to the downside for the shares over the past year and a half
Although it may not appear that shares of International Greetings (IGR) represent the most exciting of opportunities on a fundamental perspective, from a technical one we can see that since April this play has certainly been on fire from a charting view. This could be positive for the share price.
Although it does not appear that the daily share price chart of 1pm (OPM) is a spectacular one in favour of the bulls, the current charting configuration does suggest that we are looking at a slow burn long situation for the shares.
What is interesting about shares of Bioquell (BQE) is that they became something of a play on the Ebola outbreak last year, but even though this threat has allegedly been largely subdued the share price action and the trend remain robust.
Given the sharp start made by shares of Eden Research (EDEN) to start this year, especially with the with the April – June rally in which the stock tripled, it must be said that H2 to date for the stock has been somewhat disappointing. So what now for the share price?
Perhaps the intuitive thing to think as far as the daily chart configuration at Puretech Health is that we are looking at a situation where the relative lack of historical data would make one think that this is not the best of technical contenders.
What can be seen on the daily chart of SDL Group over the past year is that we have had to cope with something of a roller coaster rise, even though on the face of it the overall price action here is relatively smooth near term.
Given how expensive (to a humble chartist) the cost of Photo Me International’s photos are, I can vouch for the way that from a fundamental perspective this is a company which appears to be well founded.
Inspired Energy has been a situation which I have been aware of as a potential bull situation for quite some time, but with the issue being that it has been such a slow burn to the upside the exact timing of any entry would have been something of a moot point.
In the case of Consort Medical it can be seen how it is possible to draw a rising trend channel from as long ago as October last year, with the floor of the channel currently running level with the 200 day moving average at 916p.
At least so far the charting position of Fulcrum Utility appears to be very much on a bullish tack, with the giveaway in terms of the long argument’s merit being the way that the stock has remained above its 200 day moving average now at 14.58p so consistently.
I suppose the main catch as far as charting the few stocks who have as robust a share charting formation as we have been witnessing at AB Dynamics (ABDB) is that the further they rise, the more one things that it is too late to get on board. But what now for the share price?
It may be a tad worrying to some, including myself, that over the past few days it has become increasingly difficult to find outstanding bullish share price situations. Perhaps shares in Norcros (NXR) offer some hope
It may be said that for some bulls of shares of Dekel Oil (DKL) the wait for the company to reach the “promised land” at least in terms of production has been rather longer than they might have hoped for. What now for the share price?
STM Group (STM) may be about to receive the kiss of death from a little Zak Mir technical analysis, but it would appear that at least for now the setup in the share price here is robust enough to deliver for the bulls. Can the shares live up to this billing?
It might appear that shares in Lekoil (LEK) make a somewhat unusual choice for a Bull Call of the Day, especially as it is difficult to imagine what the big fundamental driver here may be for a significant upward move in the share price.
Even fans of shares in MTI Wireless (MWE) on a fundamental perspective would most likely admit that the progress higher here has been no better than a slow burn over the past couple of years. But what now for the share price?
What can be seen on the daily share price chart of Tasty (TAST) is the way that even though this has been an extended bull run, the real excitement for the shares has occurred over the past couple of months in terms of position action for the longs.
Shares of Safestyle (SFE) look to be living up to their name in terms of the technicals currently. This is said in the wake of the latest rebound for the stock at 210p, interestingly enough, a penny above the 200 day moving average. So what might this mean for the share price?
It would appear that as far as the present charting position of shares in Tracsis (TRCS) is concerned it can be seen how we have a stock which has been progressively more bullish in terms of the share price action momentum in the recent past.
There can be said to be reason to celebrate as far as the Parity shares are concerned on a technical basis. This is largely on the basis that the stock has recovered its 200 day moving average at 9.27p on a weekly close for the first time in nearly two years.
Although there is not exactly a wealth of historical data on the daily chart of Coral Products, it can be seen how the shares have in their own way delivered most of the major bullish signals over the past year.
Perhaps the most tricky aspect of the latest share price action at LPA Group (LPA) is actually the most positive aspect. This is the vertical move we have seen in the shares over recent sessions, something which for many traders would make it all the more difficult for them to steal themselves to go long at this stage
While it may be acknowledged that in the recent past the technical position of the Obtala Resources (OBT) share price could be described as nothing more exceptional than a slow burn recovery, the position now at the beginning of November does appear to be more encouraging for the shares than it has in quite some time.
From an initial inspection of the daily share chart of Quantum Pharma (QP) it can certainly be said that we are looking at a smooth chart in terms of the share price action both on the upside and the downside.
In the case of the present position of shares in KBC Advanced Technologies (KBC) it can be seen how there has been progress within a rising share price trend channel in place on the daily chart from as long ago as the beginning of last year.
On the face of it we might be might be tempted to feel that shares of LED Holdings (LED) are a relatively thinly traded market which may not respond too well to technical cues. Even so, there could be an appealing share price target brewing.
It must be said that Kennedy Ventures (KENV) shares could have easily been in the Bulletin Board Heroes today, as they have been on previous occasions. But with the share price now at a key technical level it merits deeper investigation.
We have a refreshing technical situation here at Elecosoft (ELCO), refreshing in at least a couple of ways for the share price. The first is that this is a stock which is totally new to me, only having made it onto the Bull Call radar after yesterday's rise for shares.
Matchtech Group (MTEC) may not be a name which is familiar to most of us, including myself, but it does appear to be a decent recovery situation from a technical perspective of the shares. But can the share price live up to its billing?
The details on the share price technicals of Highland Gold Mining (HGM) is that we have been in a rising trend channel, one which has been in place since December. The floor of the channel currently runs level with the 50 day moving average for the shares at 52.98p.
It may have been years since I last looked at the daily chart of Eckoh, and this may be something to apologise for. However, to make up for this omission we have this stock as the Bull Call of the Day.
In the case of Vectura Group it can be seen on its daily chart that we have a stock which appears to be in a sustained uptrend from as long ago as this time last year in terms of the strongest price action.
It is interesting that the big buy signal on the Trakm8 (TRAK) daily share price chart was as long ago as December last year, coming in the form of a golden cross between the 50 day and 200 day moving averages. Can the shares live up to this omen?
On the face shares of Avon Rubber (AVON) are in a mature bull situation, where we are late to the party. However, as many of us are aware even in current rather cynical markets where profits are not kept on the table for long, here are momentum share price moves which do have the ability to outrun expectations.
As far as the technical position of Orosur Mining (OMI) on its daily share price chart currently, we can see how there has been a V-shaped reversal in the wake of a selling climax from extreme oversold RSI levels towards 0/100 earlier this month. So what now for the shares?
Perhaps some traders may feel that we are coming to the bull run at Macfarlane Group a little late in the day. However, it is the case that the same complaint could have been made a year or even 2 years ago
Gold stocks of all shapes and sizes look to be back in business currently, and it would appear that shares of Patagonia Gold (PGD) are no exception. The question now is, is Patagonia setting up for an achievable share price target?
As can be seen from the daily chart trace of Falanx (FLX) over the bulk of the past year, it has generally not been a happy time for the longs, with a deeply entrenched bear run ruling the roost for much of the period.
At first glance it may be said that shares of Petards do not seem to be the stuff that bull legend is made of, but closer inspection of what is clearly a relatively illiquid situation does suggest we are looking at a decent recovery play.
While at first glance it may appear that shares of Digital Globe Services (DGS) are somewhat strangely placed on their daily share price chart in recent months, it does look as though we have a bona fide recovery / bargain hunting situation on our hands here.
What is interesting about the progression to the upside on the daily chart of Lighthouse Group is that although the seeds of the bull run were in place as long ago as 2012, the real action here has only been on tap since the beginning of this year.
The pros and cons of trying to call the low are illustrated currently on the daily chart of Petra Diamonds, where it does indeed appear that we have been delivered a sustainable turnaround in favour of the bulls.
We have an interesting share chart in many ways as far as Applied Graphene Materials (AGM) is concerned, something which is said in the wake of the recent relatively choppy share price action in the post April period.
On the face of it shares of Europa Oil & Gas appear to represent something of a charting challenge in the sense that they have been spiky on the daily timeframe, with apparently little chance of salvation from a quite painful looking ongoing breakdown.
Sweett Group (CSG) is not exactly a frequent flyer here on Shareprophets.com, or indeed, anywhere else in the world of the stock market. However, the shares have done enough here for October to merit inclusion as a Bull Call of the day, with an interesting share price target.
Shares of Ilika (IKA) have been and remain an interesting play on a fundamental basis, at least in term of what is one of the hottest area of technology – accelerate materials innovations, otherwise known as batteries. After the recent pullback there is an interesting share price target brewing.
Before going into the full technical analysis excitement that is ASOS (ASC) at the moment, it is probably worth remembering it has been something of a disappointment and its share price is some 50% off the all time peaks. But what next for the shares?
I first came across satellite broadband Satellite Solutions (SAT) around a month ago, and liked the idea of the company servicing people and businesses who are adventurous enough to live far enough out in the sticks to be in the reach of conventional telecoms services. The shares haven't moved much this year, but there might be growing support for the share price.
Looking at the daily share price chart of 32Red (TTR) we are reminded that one of the better starting gun technical signals is an unfilled gap through the 50 day moving average. But what does this suggest for the shares?
What is clear from the daily chart of Cyprotex since the beginning of last year is that there was plenty of excitement here in terms of the price action, but that we have needed the best part of two years in order to wind down, step back and consolidate.
We saw an autumn of 2013 signal when there was a bear trap gap reversal. This kickstarted the festivities for the buyers of shares of Keyword Studios (KWS) as soon as the Christmas of that year, and essentially we have not looked back since.
As far as the daily chart configuration of Porta Communications what has helped drive the recent rally is the way overall price action journey over the past year is the way that it possible to draw a broadening triangle base.
Although it may be that some traders looking at the daily share price chart of Sable Mining (SBLM) decide that this is a situation which is simply too volatile to consider trading, there does appear to be a method in the charting madness for these shares.
We have what is apparently an interesting mix in terms of the technicals on the daily share price chart of Fusionex International (FXI) of late with a combination of both a choppy range between the 300p – 400p level since the autumn of last year. But what does this now mean for the shares?
Shares of DP Poland (DPP) looks to be an ideal candidate for a Bull Call currently, largely on the basis that the uptrend here has been robust for an extended period, and if anything, this trend looks to be gathering momentum. This could presenting an interesting share price target.
Savannah Petroleum is a stock which is new to me, even though it is rarely the case that I am not familiar with at least the name and the EPIC code of the active small caps / AIM plays – amongst the dozens I look at on a weekly basis.
Caledonia Mining (CMCL) is a strange beast as far as the daily chart, something which is said on the basis of the rather spiky and aggressive share price action served up by the shares since the September – October island top reversal from this time last year.
What is noticeable about the daily share price chart configuration of Tristel (TSTL) is the way that the shares bear most of the hallmarks that one normally sees in the most bullish and sustained rally situations.
An interesting point to make regarding this is the way that in the case of shares of Empresaria Group (EMR) we have a strong trend, but a relatively choppy ride. Despite this, I now offer a share price target.
At Infinis Energy we have seen an extended base which has been in place since July. There is little to suggest that the latest strong end to the week, and a rebound off the floor of a rising trend channel from the summer, is not the end of the worst of the bear phase.
Canadian Overseas Petroleum is a new name to me on the stock market. But this does not really matter too much as far as current conditions are concerned on the equities front, given that almost every company with the work “oil” or petroleum in its name seems to be very well bid indeed.
The daily chart of Seplat Petroleum illustrates some of the issues that investors are facing in the oil & gas space, with the starting gun on the latest phase of recovery here being a narrow bear trap reversal.
While it could be argued that there is no particular rush to either look at the technical picture at Craven House Capital, or of course get involved with the shares as a long play, it looks as though the worst of the waiting game here is finally over.
Although I have looked at Kromek as a potential recovery situation recently, it was highlighted to me gain earlier this week by a Twitter follower earlier this week, before the latest 20% jump in the stock.
South32 is a stock I have been stalking for a while, as a bull contender. This may be regarded as a little surprising given the way that on the face of it this is a situation which has been beaten up well before the general stock market rout over the late summer.
The question as far as the charting position of Greenko in its daily timeframe is whether the improvement we have seen here since the Spring is merely a recovery in an overall bear market, or whether the stock can stage a fully fledged revival?
For your average vet, pricing power in a deflationary environment is something he or she can enjoy. All of this wonderful fundamental backdrop is currently reflected on the daily chart of Premier Veterinary Group.
In the case of European Real Estate Investment Trust, there is of course an additional point to note in terms of the fundamentals – that this particular asset class, has been a total disaster since the financial crisis.