This weekly chart says it all really.Genel Energy managed to close the week before last bang on the previous high and breakout level of 883p. This was taken as a signal of strength by the market and it was subsequently bought pushing the SP to a new high.As long as the SP stays above 943p then it should continue up into blue sky. The indecision can clearly be seen by the doji that's formed so far this week. We'll see how it looks on Friday's close. Original link...

Amur Minerals is still finding 9p resistance tough to break but it has closed above the RSI downtrend resistance on Friday and looks to be in either an ascending triangle or inverse head and shoulders pattern.If it can close above 9p both of these patterns point towards a target of c. 13.5p. A return to the 6.75p support would be bearish though and indicate further downside as it would break the inverse H&S pattern. ...

AMC made a new high today and looked for all money that it would close above the key 9.5p level.It didn't, however, but it still looks bullish with 2 closes in 3 days  above 9p. It just needs that close over 9.5p to kick on. Still a hold for me. ...

AMC finally broke out and closed above the 9/9.5p resistance and looks to have backtested that level intraday.The target for this move is 13.5p based on the inverse H&S with a range of 4p from the 9.5p neckline.There are resistance at 12.25p and 14p too. ...

Essar Energy took a nice trendline bounce today suggesting that this trend is still in good shape. It's also a higher low so a 123-low trade could beckon on a break of the earlier bounce high at 146.7p.This would be the cue to go long targeting the 155p and 164.5p resistances. Stops should be below today's low. ...