Technical Analysis

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) and most recently highlighting quadruple support for Gulfsands Petroleum (LSE:GPX) under 80p. Borders & Southern Petroleum (BOR): Bear Trap Rebound While it is true to […]

Investors are advised to ignore Goldstone Resources (LSE:GRL) shares until a clearer trading signal forms on its chart. One way of recognizing this is explained below. A difficult market requires a creative approach. It is a modern hound that is well suited to hunt a modern hare.   In the past several months, the trend […]

Fortune Oil (LSE: FTO) shares look great for those who have been looking for an opportunity to go long. Bulls would merely need to enter at some great price levels, with professional equanimity, as bears are battered ignominiously.   One the chart, 4 EMAs are used. They are EMAs 10, 20, 50, and 200 (the […]

As luck would have it I started writing Lessons From The Financial Markets For 2013 in the first week of October, the anniversary of the death of Apple (AAPL) supremo Steve Jobs. At that time the shares had soared almost exponentially, not even blinking when Jobs died and slapping down all of those who had thus far attempted […]

Here are the latest extracts from Zak’s new premium blog AIM Stocks Charting It stars the likes of Petrel Resources (LSE:PET), Leni Gas And Oil (LSE:LGO) / Gulf Keystone (LSE:GKP) – day in / day out. Blinx (LSE:BLNX): Rebound Above 200 Day Moving Average While it may be that the bull trap retreat for Blinks […]

Goldplat Shares (LSE:GDP) are now at a retail price: those who sell at the current price levels would realized decent gains for their transactions. Inveigled bulls could enter this market at their own peril, ignoring the fact the buying pressures are already occluded. The shares are expected to plummet, either slowly or hastily, thought it […]

What is the next price direction on the FTSE 250 (FTSE:MCX)? Would the price continue going upwards, as it has been doing recently? Is it now the time to start shorting the market? The forecast below would answer the questions above. FTSE 250 is a market that should be handled by skilled traders only. The […]

Gulfsands Petroleum (LSE:GPX): Quad Sub 80p Support Gulfsands Petroleum (GPX): Extended Consolidation We have not exactly been treated to star conditions as far as AIM Oil & Gas shares are concerned in the recent past, even though the have been brave attempts to break to the upside – Gulf Keystone (LSE: GKP). The situation as […]

Here is an extract from my new book: Section One – What is a Triangle? Technically a triangle is market action that is moving in a narrower and narrower range. I cannot do better than illustrate this with a chart; I will use the triangle on £/$ which looks like this: The key feature on […]

Are Clontarf Energy shares (LSE:CLON) around a significant supply level? Or is it rather a demand level? You might read the forecast below in order to be intimated about the correct answer. Strictly speaking, this is a velocity market. When traders perform analyses and take trades based on them, it may seem as if they […]