I would venture to suggest that if people only invested on the basis of charts, the typical holding would have a configuration such as that which can currently be seen on the daily timeframe of CVS Group.
It should be fair to suggest we could witness a fresh period of outperformance by Somera Enterprise going into the end of 2015, something which is said in the wake of the weekly close by the shares back at the 200 day moving average at 135p.
I am still trying to remember who mentioned / suggesting Rame Energy as a stock for me to look at earlier this week, just before the share price jumped.
While it may be wrong to suggest that the daily chart configuration of Clipper Logistics makes for a stock which is easy to make a call on, it can be said that the setup here looks to be relatively straightforward.
On the face of it we are looking at a rather strange but straightforward trading range on the daily chart of Petro Matad (MATD) since the start of last year.
Although the AIM market a.k.a. “The Casino” sometimes gets a bad press among some observers of the growth focused area of the stock market, the perception of risk and intrigue does not apply in a universal manner.
Although we may have had the feeling since the beginning of the year that shares of Proteome Sciences were ready to start bottoming out, so far it has been an extended process, which has probably taken most traders by surprise.
Given the share price level of being one of the more modest of the penny stock brigade, it could be said quite fairly that Bahamas Petroleum very much fits the bill of being a Bulletin Board Hero, and therefore a stock which is usually covered here on Shareprophets in video form.
It would appear that at least from a technical charting perspective there is excitement in the air as far as the present set up on the daily chart of Proton Power Systems.
Although “the trend is your friend” can very often turn out to be one of the less useful stock market sayings, as by the time you spot it the trend is over, the situation at Diamond Corporation looks to be a decent example of this.
On the face of it coming to a stock in the area that LSL Property Services (LSL) we are not exactly ahead of the curve both on the fundamental or technical front.
While there could always be a last minute hiccup, it does appear that shares of Seeing Machines are set to resume the glory of the former 2013 mega rally which delivered a journey for the shares from 1.5p to 10p in the space of less than a year.
In the case of STM Group it can be seen how we are looking at the stock in the aftermath of an extended bull run, one which got underway almost exactly a year ago.
Although it is clear that trendy fashion retailer Supergroup (SGP) is not exactly a minnow in terms of the market cap, the behaviour of the share price over recent months does give the impression of some of the more wild Bulletin Board heroes stocks in the penny stock area.
RM Group (RM) may not be one of the most high profile companies on the London stock market, but at least from a technical perspective, we do appear to have a situation of outstanding merit.
Apparently one of the keys to business success in the early 21st century, and in a deflationary environment is to specialise in a niche market – something which means that if you play your cards right you have pricing power, and hence can resist the ravages of falling prices. Fevertree Drinks (FEVR) could be one example of a company that can do this.
If there is a theme in the technical analysis this week it is just to show that the name of the game here is not always related to momentum buying, but that on occasion there are very useful looking opportunities to bottom fish. This is something which can be gleaned from the present daily chart set up for Zoo Digital (ZOO).
Having listened to the fundamental bull argument at Pantheon Resources, from highly informed and highly intelligent people over the past year, it is pleasing to see the stock shake off the shackles of general crude oil price concerns and head north.
What can be seen on the daily chart of Plant Impact is the way that they have been in a rampant bull run ever since the break above the 200 day moving average in March last year.
In the case of Proteome Sciences (PRM) we have an overall broadening triangle formation on the daily chart, one that can be drawn from as long ago as November.
As can be seen on the daily chart of Vast Resources (VAST) since the name change from African Consolidated Minerals, the name change looks to have been a good move, at least from a share price perspective.
Although the turnaround in Reach4Entertainment (R4E) has been a long time coming, it can be seen from the daily chart configuration in recent months that it has been brewing for quite some time.
It is ironic that its “real” counterparts have struggled to prove themselves to the market, while with difficulty even turning a profit online grocer Ocado has been one of the more resilient plays at least in share price terms.
It would appear that Graphene is something of a miracle substance. In the end it will be surprising if at some point in the near future this material which apparently is an allotrope of carbon, did not help cure everything from the common cold to baldness.
It would appear that it is time to celebrate as far as those long of shares in Space & People given that it has been selected as the preferred bidder on the network rail contract.
What can be seen on the daily chart of Nostrum Oil & Gas is the way that it is price action since September has largely mirrored the underlying price of crude oil.
It is interesting that although the housing market is been almost entirely consistent over recent years and months, the share price of online estate agent Rightmove has undulated perhaps rather more than one would have expected.
It has been quite easy to be short to be short of Telecom Plus (TEP) in recent months given the quite painful looking decline that we have seen on the daily chart since the stock peaked out in the first quarter of 2014.
It can be seen how Entertainment One (ETO) has been a rather robust technical situation in the recent past, backed by the remarkable growth of the Peppa Pig phenomena, and also bankrolled by a sizeable chunk of the Zak Mir salary on behalf of my (bored) kids.
What is interesting about the daily chart of Iomart (IOM) is that the way that the September gap to the downside still influences the price action some nine months later.
Although most people may shudder at the prospect of turning 50, for me the prospect of being able to use the services of Saga (SAGA), from September next year makes my predicament not quite so daunting.
Although we seem that the recovery here at Jubilee Platinum is very much on the way on the daily chart, it is also evidence that this recovery has been almost a year and a half in the making.
What can be seen on the daily chart of Biome Technologies is the way that we have been treated to a relatively clean break of the 200 day moving average currently falling at 128p.
Special, is probably the best description of the current technical position at Verona Pharma (VRP). This is said on the basis of the extended and very persistent rally that we have seen for the shares so far this year,
It may be said that on a technical basis of the recent history of Roxi Petroleum (RXP) started at the beginning of December with the exhaustion gap to the downside towards the 6p level.
While it has not been an easy recovery for bottom fishers of Faroe Petroleum since December, the three steps up / two steps down trajectory has at least been relatively consistent.
It is difficult to argue with the idea that Poundland has been quite a phenomena since it came to the stock market, if only for the implication of it being a company which can thrive in a time of austerity.
As far as shares of Gemfields have been concerned since the start of 2014 it has been uphill must all the way with the highlight in terms of being the technical trigger of a March break above the 200 day moving average then rising below 50p and now at 51.83p.
Amerisur made the grade on both a fundamental and technical basis as far as my 10 Stocks To Buy For The Summer book( order a free copy HERE to discover the other 9 buys) and it can be seen from the present position of the shares on the daily chart that things look to be heating up quite well from a technical perspective currently.
While the daily chart of Haydale Graphene Industries since this time last year has been something of a rollercoaster, the post December configuration here on the daily chart does look very encouraging.
What is of particular interest as far as the daily chart of Aminex (AEX) is concerned at the moment is the way that we could be due one of those rarest of technical events, the double 50 day/200 day moving average golden crossover.
There is an element of bravery whenever one looks on the bright side of a second line mining stock. While there is the hope that after the best part of 4 years in the doghouse this particular asset class will go up and stay up, the most we have been able to expect realistically is an intermediate rebound.
If nothing else Punch Taverns (PUB) reminds us on a fundamental basis that people will always need to drink. Unfortunately, this phenomenon is not necessarily enough to maintain an uptrend in a company whose share price depends on such a habit.
There is little doubt that the daily chart of Churchill Mining is certainly a big one in terms of the price action sweep we have seen over the past year.
Although the percentage trade as far as shares of Fox Marble (FOX) have been concerned over the past 3 years has been to assume that the 15p – 25p range will remain intact, today’s Bull Call Of The Day is fighting the odds in order to suggest the big breakout is finally upon us.
It may be the case that shares of James Fisher (FSJ) are not the most exciting from a fundamental point of view, or even imaginations of many day traders. But the current daily chart setup is one of outstanding bullishness nonetheless.
Last year’s exhaustion gap reversal for Fusionex International (FXI) was certainly a big event technically. It can be seen from the daily chart that the shares then took the best part of 6 months to stabilise this year after putting in a floor towards 250p in the autumn.
It almost goes without saying that most of us would do rather better taking a punt on shares of gaming groups such as Ladbrokes (LAD) or William Hill (WMH), rather than using their services.
The post September period has been something of a classic as far as Soco International (SIA) shares have been concerned on the daily chart. Alas if you are a bull, for all the wrong reasons.
It came to my attention a while back that Globo (GBO) became a company which attracted questions in certain quarters. However, from a technical perspective it can be said that the setup up in recent months has been very much at odds with the ideas of the detractors.