After a rather long gestation period, shares of Eurasia Mining (EUA) may finally be set to deliver on the hopes of shareholders.
It really has been quite a wait as far as bulls of Eurasia Mining have been concerned in the recent past. Indeed, we have seen the shares drift to three year lows over the course of May. However, recovery appears to be in the air, on the basis of the latest unfilled chart gap to the upside. This has punched through not only the 50 day moving average at 0.49p to deliver one of my preferred positive reversal signals, it has also snapped a bullish falling wedge formation. This has its resistance line level with the 50 day line, and has been in force since as long ago as October, meaning that the break is highly significant.
by Nick Sudbury| Funds| 5 mins. to read A few weeks ago I wrote about the mixed fortunes of the peer-to-peer investment trusts with the poor performance of P2P Global Investments (LON:P2P), the largest fund in the sector, prompting the Board to initiate a review of its investment management arrangements.
by Jim Mellon| Economics| 6 mins. to read In the past month, I've been going around the British Isles, talking to groups of people about my research into longevity, ahead of the launch of the Juvenescence book in July.
by Zak Mir | Trading | 1 mins. to read Nyota Minerals (LON:NYO) has been on the technical radar for quite some time, but the question here has been when to pull the bullish trigger…
by Victor Hill | Economics | 12 mins. to read Campaigning resumes today in the British general election after three days of self-imposed reflection following the abominable events in Manchester last Monday night.
by Evil Knievil | Evil Diaries | 1 mins. to read It's been a long road but, finally, the FTSE 100 has reached 7,500 points. This may prompt worry among some investors, since it could mean the index is overvalued and there is a lack of investment opportunities on offer.
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