{"id":140845,"title":"Traders Cafe with Zak Mir: Bulletin Board Heroes, Monday 21st September 2026","publisher":"Share Talk","author":"sharetalk","published":"2026-09-21T11:23:37+00:00","modified":"2026-09-21T11:42:50+00:00","canonical_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-monday-21st-september-2026/","markdown_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-monday-21st-september-2026.md","json_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-monday-21st-september-2026.json","category":"Bulletin Board Heroes","categories":["Bulletin Board Heroes"],"tags":["80 Mile","Amaroq","Andrada","Anglesey Mining","Arcontech","Bitcoin","DAX","Dow","EnergyPathways","Ethereum","FTSE 100","Gold","KR1","London BTC","Shuka","Smarter Web","The Beauty Tech","WTI Crude Oil"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/03/LONDON-20-MARCH-26-scaled.webp?fit=1920%2C889&quality=80&ssl=1","format":"news","language":"en-GB","content":"Zak Mir takes a charting look at some of the most closely followed small caps on the London Stock Exchange. Today’s charts are the **FTSE 100, DAX, Dow, Bitcoin, Ethereum, Gold, WTI Crude Oil, Arcontech, Amaroq, Andrada, Anglesey Mining, 80 Mile, EnergyPathways, KR1, London BTC, Smarter Web, Shuka, and The Beauty Tech.**\n\nIt is a positive start to the week across several major markets, with the FTSE 100 and DAX both bouncing where they needed to bounce. Crypto is the real star of the show, though, with Bitcoin and Ethereum breaking higher and putting some rather ambitious upside targets back on the table.\n\nElsewhere, gold is attempting to stabilise following recent interest-rate pressure, crude oil has surprised to the downside, and a number of smaller shares are showing some very encouraging chart setups. The key, as ever, is not just the upside targets, but the support levels that need to hold on an end-of-day closing basis.\n\n###### As always, do your own research and treat these as chart-based observations rather than hard recommendationsend-of-day\n\n## FTSE 100: A Bounce From Channel Support\n\nThe FTSE 100 has bounced near the floor of its rising trend channel, exactly where it needed to. The key support zone is around **10,630**.\n\nThe market opened near its low and is currently trading near its high, moving towards the 50-day moving average at **10,749**. That is the first obstacle. Beyond that, July resistance at **10,840** is the minimum upside target.\n\nIf the index can continue to recover into next month, the top of the rising channel from March points towards **11,100 or higher**.\n\nOn the downside, a break beneath current channel support would bring the 200-day moving average near **10,413** into focus, along with the July support zone around that level. The RSI is moving back through the neutral 50 area, which is another encouraging sign for London blue chips.\n\n## DAX: Recovering From the Floor of Its Rising Channel\n\nThe DAX is also bouncing from the lower boundary of its rising trend channel. The exact line was not perfectly clean, with a brief move below roughly **25,400** looking very much like a stop-clearing exercise.\n\nThe initial recovery target is the 50-day moving average at **25,775**. Above that, **26,000** is the obvious next level.\n\nThe best near-term scenario would be a move towards **26,200**, where there is a gap from the start of the month. That looks like the upper-end target into month-end, rather than something to get too carried away with immediately.\n\n## Dow Jones: Recovery Needs Confirmation Above 52,000\n\nThe Dow Jones has not had the benefit of a fresh session yet, but the setup is worth revisiting. The floor of the channel and post-June support converge around **51,400**, making that a plausible recovery zone.\n\nThe RSI is still in the upper 30s, so there is work to do before calling a full reversal. For a more cautious approach, an end-of-day close back above **52,000** would be the confirmation that a bear trap may be unfolding.\n\nThat would open the way towards the 50-day moving average around **52,800 to 52,900** over the next week or two, or by the end of the month. Reaching that area would be a good outcome.\n\n## Bitcoin and Ethereum Are Leading the Market Higher\n\n### Bitcoin: Breakout Above 82,000 Targets 94,000 to 95,000\n\nBitcoin is the standout chart. It has broken above the top of its recent **75,000 to 82,000** trading range, and an end-of-day close above 82,000 is the key breakout signal.\n\nThat break points towards the top of the broadening triangle that has been in place since February. The upside target is now around **94,000 to 95,000** by the end of next month.\n\nGiven the current momentum, that target could even arrive before the end of this month. The essential support level to monitor is **80,000**. Staying above it keeps the bullish interpretation intact.\n\n### Ethereum: A Push Towards 2,900\n\nEthereum is also flying. The market has broken above the top of its recent range, which was around **2,580**, and is already trading around 2,720.\n\nThe next technical objective is the upper boundary of the rising trend channel, near **2,900**. That is the target for next month, although the speed of the current move means it could potentially be tested sooner.\n\nIf there is a sudden reversal, the 50-day moving average near **2,290** is the lowest level expected on an end-of-day closing basis. Cryptocurrency markets remain volatile, so clear risk levels matter as much as the upside projections. For a broader explanation of how moving averages are commonly used in technical analysis, see Investopedia’s guide to moving averages.\n\n## Gold: Holding Channel Support and the 50-Day Average\n\nGold has had a difficult time following the recent interest-rate rise, but the chart is attempting to stabilise at an important confluence of support.\n\nThe price has bounced from the floor of its channel and from the 50-day moving average around **4,295**. While gold remains above that combination, the next target is the 100-day and 200-day moving-average area near **4,542** by the end of next month.\n\nThe best-case scenario would be a move to the top of the channel at **4,800 or more**. That feels a long way off at present, but the first requirement is simply to preserve the bounce above 4,295.\n\n## WTI Crude Oil: A Surprise Move Lower\n\nCrude oil has been more disappointing than expected at the start of the week. A period of consolidation around **$97 to $98**, followed by another push higher, might have been the obvious route. Instead, the market has moved lower.\n\nThe immediate risk is a decline towards **$93**, an area that acted as July resistance and then initial September resistance.\n\nAs long as oil holds above $93, a recovery towards **$100** remains possible, with **$115** as the more ambitious upside target. However, aggressive political rhetoric around Iran appears to be having the opposite effect from that intended, with excessive gusto failing to support the oil price.\n\n## Smaller-Cap Shares to Watch\n\n- ***Arcontech: Break Above the 200-Day Moving Average: **Arcontech has broken above its 200-day moving average at roughly **79p**, a significant event given that the share price had not been above that level since last November. Holding above 79p puts the top of the rising channel from January in view, around **94p** by the end of next month. With the current momentum, the target may be reached before month-end.*\n\n- ***Amaroq: 114p Must Hold for a Move Towards 138p: **Amaroq has performed well, reaching and significantly exceeding its first target at **114p**. The next focus is the top of the range and the upper parallel of the rising trend channel from October last year. That points towards **138p** by the end of next month, provided the price can remain above the gap and former breakout level around 114p.*\n\n- ***Andrada: Third Target at 8p Is Now in Sight: **Andrada has taken its time, but it is finally getting there. The first and second targets have been achieved, and the share price is now approaching a third objective at **8p**. A sustained move above that level would point towards **9.5p** by the end of next month. The key support is recently broken resistance around **6p to 6.5p**.*\n\n- ***Anglesey Mining: Golden Cross Supports a 10p Target: **Anglesey Mining is reviving. The recent golden cross, where the shorter moving average rises above the longer one, adds a constructive technical signal. As long as the shares remain above August resistance around **7p**, the target is the top of the rising trend channel from this time last year, around **10p** by the end of next month.*\n\n- ***80 Mile: Short Covering May Be Adding Momentum: **80 Mile has gapped up sharply, which will not have pleased those holding short positions. The size of the move suggests that excessive short interest may be helping to drive the rally. Above resistance at about **0.94p**, the chart points towards a recovery to **1.5p or more** by the end of next month. The main technical condition is an end-of-day close above around **0.93p**. The 200-day moving average is already rising, and the next constructive development would be for the 50-day moving average to begin rising too.*\n\n- ***EnergyPathways: Channel Target at 10.75p: **EnergyPathways has a reputation for being a rather leaky share, so price strength without fresh news inevitably attracts attention. The fact that the shares are rising anyway suggests the market may be positioning for something. The top of the rising trend channel is around **10.75p**. That is the target by the end of next month, though the shares could get there before the end of this month if momentum continues. Recent broken resistance around **8.3p** needs to hold for the bullish case to remain in place.*\n\n- ***KR1: Crypto Strength Could Drive a Move to 27p: **KR1 looks to be responding to the breakout in Bitcoin and Ethereum. The shares have moved above the 200-day moving average near **16p to 17p** for the first time in roughly a year. Above that average, the next major level is resistance from January at **27p**. That is the target by the end of next month. Ideally, KR1 remains above recently broken resistance around **14p to 15p**. That would keep the recovery structure healthy.*\n\n- ***London BTC: A Double Win From Project News and Crypto Momentum: **London BTC has received a positive update on its gold project in Nevada, which now extends over **3.5 kilometres**. Combined with the strength in **Bitcoin** and** Ethereum**, it has created a double boost for the shares. The first priority is holding above the 50-day moving average near **1.7p**. A break through the 200-day moving average at **2.1p** would improve the chart further. The main target is April resistance around **2.75p** by the end of next month.*\n\n- ***Nativo: 33p Is the Important Line in the Sand: **Nativo has delivered the expected move to **0.48p**. The question now is whether it can hold the gains and build another leg higher. The 200-day moving average at **0.33p** is the critical support level. If the shares can remain above it, 0.48p becomes a platform rather than an endpoint. The more ambitious best-case target is **0.71p**, based on the upper parallel of the price channel from March. It may look distant for now, but the chart levels are clearly defined.*\n\n- ***Smarter Web: Next Target Around 85p: **Smarter Web has been buzzing. The share price has hit the first target at **36p**, the second at **49p**, and came close to the next target at **74p**. With that progress made, the next objective is former support on the way down, around **85p**. That may be achievable by the end of the month if the current momentum continues. On the downside, the shares should stay above **60p** on an end-of-day closing basis. That area was January resistance and initial resistance earlier this year.*\n\n- ***Syncona: Strong Trend Structure Points Towards 128p: **Syncona is rising within a well-defined rising trend channel. The top of that channel is around **128p**, which is the target for the end of next month or potentially sooner. The particularly encouraging feature is the sequence of support points since the breakout through the 50-day moving average in May. Each support point has formed above a rising 50-day line, which is a very strong-looking technical structure. That sort of setup can often surprise to the upside, especially if the shares remain above recently broken resistance at **114p**.*\n\n- ***Shuka: First Target 4p, Then 6p: **Shuka is making another push through the 200-day moving average. The initial target is **4p**, potentially as soon as the end of this month. If momentum persists, the larger target is as high as **6p** by the end of next month. The shares are bouncing above a rising 50-day moving average, while the RSI is rebounding through the neutral 50 level. Both are positive signs.*\n\n- ***The Beauty Tech Group: Breakout Above 430p: **The Beauty Tech Group, trading under the code TBTG, has broken through the top of its rising trend channel around **430p**. Above that level, the chart suggests an accelerated move towards projected resistance from February near **495p** by the end of next month. The key requirement is simple: the shares need to remain on the right side of **430p**. Hold that breakout level, and the path towards 495p remains open.*\n\n## The Main Levels to Watch\n\n- **FTSE 100:** Support at 10,630, with 10,840 and 11,100 as upside levels.\n\n- **DAX:** 25,400 support, then 25,775, 26,000 and potentially 26,200.\n\n- **Dow Jones:** 51,400 is the recovery zone, while 52,000 provides confirmation.\n\n- **Bitcoin:** Hold 80,000 after the breakout above 82,000 to target 94,000 to 95,000.\n\n- **Ethereum:** 2,900 is the channel target, with 2,290 as major downside support.\n\n- **Gold:** Stay above 4,295 to target the 4,542 moving-average area.\n\n- **WTI crude:** $93 is the major line in the sand before a potential recovery towards $100.\n\nThe broader picture is constructive, particularly in crypto and selected smaller shares. But the best setups are still conditional: bullish targets need support levels to hold, breakouts need to remain above their breakout points, and end-of-day closes matter more than intraday noise.\n\n**Disclaimer & Declaration of Interest:**\n\nThe information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion."}