Zak Mir takes a look at some of the latest stock requests, including Andrada, ImmuPharma, and Kefi Gold & Copper.
In this Great Request Show special, I ran through three small-cap resource and recovery plays that appear to be starting a fresh leg higher: Andrada Mining, ImmuPharma, and Kefi Gold & Copper. Below, I summarise what I saw on the charts, why I think each one has momentum, and the key levels I’m watching over the coming weeks.
Quick roadmap
- Andrada Mining — breakout and accumulation after a gap up; rising moving averages suggest a bullish phase.
- ImmuPharma — cleared long-term resistance, 50-day is rising and a potential golden cross is forming.
- Kefi Gold & Copper — strongest recovery of the three, already posted big gains but room for another leg up inside a rising channel.
Andrada Mining — breakout through the log jam
Andrada looks like one of the more promising small-cap resources right now. The shares gapped up on Friday and we’ve had three consecutive sessions where the stock opened at the low and closed at the high — a classic sign of accumulation. The breakout cleared the horizontal resistance around the 3p area after the lows in July near 2.7–2.8p.
Technical picture worth noting:
- Breakout above roughly 3p (recent gap). This clears the short-term consolidation.
- 50- and 200-day moving averages are rising, suggesting the market may be moving into a golden cross phase — typically one of the stronger cycle phases for a stock.
- RSI is holding an uptrend line in the momentum window, which supports higher prices (despite a couple of narrow breaks previously).
Price targets and support:
- Near-term target: up to 4.8p this month (best-case scenario).
- Medium-term target: 6p+ by the end of October if momentum continues.
- Key support: the 50-day moving average and the recent gap area just above 3p — staying above those would keep the bullish scenario intact.
ImmuPharma — clearing resistance and heading into a stronger cycle
ImmuPharma has already broken a long-standing resistance line that dates back to January (around 1.75p). The stock has also moved above the 50-day moving average, which is now rising and sits near 2p — a healthy sign. The 200-day line looks like it’s starting to rise too, so this could evolve into a golden cross situation similar to Andrada.
Why this matters:
- Breaking the January resistance (1.75p) reduces a major supply barrier and can attract fresh buyers.
- A rising 50-day and an improving 200-day are classic confirmation that the intermediate-term trend is turning positive.
- The RSI has shown a 50-level rebound with a kink in the trace, which often precedes stronger rallies.
Price targets and support:
- Minimum target while above recent broken resistance (around 2.25p): 4.7p by the end of the month.
- Key levels to hold: recent broken resistance (2.25p) and the 200-day moving average (around 2.6p). Staying above the 200-day will bolster the bullish outlook.
Kefi Gold & Copper — the best recovery so far, but more upside likely
Kefi has arguably been the strongest recovery of the three. Over the last month it’s had a very strong run (roughly +45% that month and about +72% since the start of the year). Despite that, the technical structure suggests there may be more to come.
The chart story:
- The stock recently touched the upper boundary of a rising channel at around 0.78p and has also broken short-term resistance at 0.75p.
- Breaking and holding above 0.75p points to a fresh or ongoing upward leg.
- The upper parallel of the rising channel points toward 1.1p as a target (assuming the channel carries higher through the next month).
Price target and condition:
- Target: approximately 1.1p (upper channel) by the end of next month if we sustain momentum above 0.75p.
- Condition: the bullish case is valid while the stock remains above 0.75p and keeps respecting the rising channel.
Quick primer: the technical signals I mentioned
For readers who want to understand the signals referenced above:
- Gap up with open-low / close-high sessions: three sessions in which a stock opens at the low and closes at the high often indicate steady buying throughout the day and accumulation by larger players.
- Golden cross: when the 50-day moving average crosses above the 200-day moving average. It’s a widely watched bullish signal indicating the longer trend is turning up.
- RSI uptrend and 50 rebound: an RSI that holds an upward trendline or bounces off the 50 level suggests improving momentum and reduces the likelihood of a sharp pullback.
Conclusion — what I’ll be watching
All three names are showing signs of renewed life, but each has specific levels that will confirm or invalidate the bullish thesis:
- Andrada: stay above the 50-day and the recent gap (3p); targets 4.8p now and 6p+ by October.
- ImmuPharma: maintain above recent broken resistance (2.25p) and ideally above the rising 200-day (2.6p); target 4.7p by month-end.
- Kefi Gold & Copper: hold above 0.75p to keep the path open to the channel’s upper parallel (1.1p) by the end of next month.
These aren’t recommendations — they’re chart-based observations and targets based on current technicals and momentum. I’ll be keeping an eye on these levels and the moving averages over the next few weeks. Hopefully that helps if you’re looking for recovery plays in the small-cap resources space.
“Thanks for reading — more Great Request Show write-ups to come.”
Disclaimer: The information presented in this article represents the views and analysis of the author and is provided for informational purposes only. It should not be interpreted as financial, investment, or legal advice. Investors should conduct their own due diligence and consult a qualified adviser before making investment decisions. Investing in AIM-listed companies involves risk, and past performance is not indicative of future results.
