--- title: "Traders Cafe with Zak Mir: Bulletin Board Heroes, Thursday 27th August 2026" publisher: "Share Talk" author: "sharetalk" published: "2026-08-27T11:40:33+00:00" modified: "2026-08-27T11:41:52+00:00" date: 2026-08-27 canonical: "https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-thursday-27th-august-2026/" category: "Bulletin Board Heroes" categories: ["Bulletin Board Heroes"] tags: ["80 Mile", "Aminex", "Andrada", "Bitcoin", "Blencowe", "DAX", "Dow", "Ethereum", "First Class", "FTSE 100", "Galantas", "Galileo", "GCM", "Gold", "Sareum", "SpaceX", "Thruvision", "Tungsten West", "Valereum", "WeCap", "WTI Crude Oil"] 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" --- # Traders Cafe with Zak Mir: Bulletin Board Heroes, Thursday 27th August 2026 **Published:** August 27, 2026 **Author:** sharetalk **Categories:** Bulletin Board Heroes **Tags:** 80 Mile, Aminex, Andrada, Bitcoin, Blencowe, DAX, Dow, Ethereum, First Class, FTSE 100, Galantas, Galileo, GCM, Gold, Sareum, SpaceX, Thruvision, Tungsten West, Valereum, WeCap, 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) --- 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, SpaceX, Andrada, Aminex, Blencowe, 80 Mile, First Class, Galantas, GCM, Galileo, Sareum, Thruvision, Tungsten West, Valereum, and WeCap.** Markets are entering that slightly awkward end-of-August period where liquidity can be thin, buyers can be away, and upside momentum can feel a little slack. That does not spoil the constructive setups on a number of charts, but it does mean key support levels matter more than usual. Across the indices, crypto, commodities and smaller-cap shares, the common theme is straightforward: stay above the nearby breakout or moving-average support, and there is scope for a decent September move. Lose those levels and there is room for a shakeout first. ###### As always, do your own research and treat these as chart-based observations rather than hard recommendations ## FTSE 100: Holding the Broken Support Line The FTSE 100 is sitting around the old 10,820 support line, which was briefly breached in mid-August. This is the level to watch now. Provided the index can remain above 10,820, the preferred scenario is a move towards 11,000, representing the top of the rising trend channel in place since March. That is the target area for the end of next month. - **Key support:** 10,820 - **Secondary support:** 10,750, the floor of the rising channel - **Worst-case intraday support:** just below 10,700 at the 50-day moving average - **Upside target:** 11,000 The RSI is around 55, which is a healthy level for a bounce and further gains. The caveat is seasonal softness. With fewer participants around towards the end of August, a move higher may take time to gather momentum. ## DAX: Still Looking Stronger Than the FTSE The DAX has recently looked stronger than the FTSE, bouncing from the former July resistance area around 25,900. As long as that area holds, the technical picture remains constructive. The immediate upside area is 26,700 to 26,800, where the upper boundary of the current channel comes into play. The best-case September objective is around 27,400. - **Must-hold level:** 25,900 - **Initial upside range:** 26,700 to 26,800 - **End-of-next-month target:** 27,400 - **Fallback support:** 25,500 at the 50-day moving average If there is a sudden market rug pull, 25,500 makes sense as support because it also coincides with the old resistance zone from late last month. ## Dow: Positive Momentum Above 53,300 The Dow is still dithering above the broken August resistance line at 53,300, but the broader setup remains positive. The encouraging Nvidia sentiment should help the wider market mood as well. While the index stays above 53,300, the first aim is a retest of the recent highs near 54,500, which is also the top of the rising channel. Beyond that, 55,500 is the best-case target for the end of next month. - **Breakout support:** 53,300 - **Near-term target:** 54,500 - **Best-case target:** 55,500 - **Channel-floor support:** 52,400 The RSI near 54 remains in a comfortable position for upside, while both the 50-day and 200-day moving averages are rising. That gives the chart a decent underlying tailwind. ## Bitcoin: Bull Flag Breakout in Focus Bitcoin has formed what looks like a mid-move consolidation, or bull flag, and is trying to break higher from it. The price action is notably strong, with the 50-day and 200-day moving averages both rising and a gap higher above the 200-day line. A move through 79,700, the top of the flag, would put the old May resistance at 83,000 in play. The larger target is 93,000, marking the top of the broadening triangle that has been developing since February. - **Flag breakout level:** 79,700 - **First resistance target:** 83,000 - **Best-case target:** 93,000 - **Downside expectation:** support in the low 70,000s, around 73,000 to 74,000 The chart has enough strength that an upward trend line can be drawn even through the recent action. It is very strong price behaviour, and the next question is simply whether Bitcoin can fulfil that potential. ## Ethereum: Building Towards a Golden Cross Ethereum is showing a similar consolidation pattern, although without Bitcoin’s gap higher. The key attraction is that the 50-day and 200-day moving averages are both rising, with a golden cross potentially only a week or so away. The run-up into a golden cross can often be the strongest part of a bullish cycle, and Ethereum appears to be entering that phase. - **Upside target:** 2,900, the top of the rising channel from February - **Core flag support:** 2,350 - **Technical support confluence:** 2,350 was also resistance during April and May As long as 2,350 holds, the rising-channel target remains the preferred outcome. ## Gold: Waiting for the 200-Day Moving Average Gold has softened after failing to sustain a break through the old May and June resistance around 4,600. So far, that move has the look of a bull trap, with the price back below that breakout area. The obvious opportunity zone is now the rising 200-day moving average near 4,524. That is the level to watch for a potential rebound. - **Current key level:** 4,600 - **Potential buying support:** 4,524 at the 200-day moving average - **Upside trigger:** a recovery above 4,700 - **Best-case target:** 5,140 at the top of the rising channel The 50-day and 200-day averages are rising and moving towards a golden cross, although that may still be two or three weeks away. A bounce from the 200-day line followed by a mid-September golden cross would be a neat technical sequence. The 5,140 target may therefore be more of an October story than a September one. ## WTI Crude Oil: Regrouping Above the 50-Day Line Crude oil received a boost from inventory data and is trying to regroup above the rising 50-day moving average at $78.91. Holding that line is the central issue. Above the 50-day average, the initial objective is $87, where the top of the falling trend channel comes into view. That level may be sticky because it also reflects the gap-fill selling seen last week. - **Key moving-average support:** $78.91 - **Initial resistance:** $87 - **Downside risk if support fails:** just below $75, near August support The RSI was near 50 before turning higher, while both the 50-day and 200-day averages are rising. That keeps the glass half full for now, provided the market does not slip back below its 50-day line. ## SpaceX: A Battle at the 50-Day Moving Average The SpaceX chart is less exciting than the wider company story, at least for now. The market has tested the 50-day moving average around $139 several times, and a sustained close above it is needed to improve the picture. - **Breakout level:** approximately $139.63 - **First upside target:** $145 at the top of the falling channel - **Further target:** $156 at the 200-day moving average - **Near-term support:** $130 - **Worst-case target below $130:** $121 at the channel floor The RSI remains above 50, which suggests the market is trying to establish a close above the 50-day line. If it can do that, a move to $145 becomes the obvious next step. ## Small-Cap Share Charts to Watch - ***Andrada: The 6p Breakout Remains the Trigger: **Andrada has had a wonderful month, reaching the **6p** target area that has also been associated with bid speculation. The next technical step is a proper break above 6p. Above that level, the upper parallel of the rising channel from January points to** 8p** by the end of next month. The shares have been very overbought, so it remains a rocky ride. Even so, staying above **5.5p** would keep the 8p scenario alive.* - ***Aminex: A First Step Towards Rehabilitation: **Aminex has had a difficult recent run, although news from Tanzania has brought some recovery. The shares have broken recent resistance at **1.44p**, but there is more technical work to do before declaring the chart out of the woods. The major confirmation level is **2.1p**, the top of the falling trend channel. Before then, an end-of-day close above the 50-day moving average at **1.7p** would be a useful first sign of rehabilitation.* - ***Blencowe: A Potential Proper Upside Move: **Blencowe is moving towards a golden cross, with both the 50-day and 200-day moving averages rising. That combination suggests the chart may finally be preparing for a proper, sustained move higher. The 200-day line sits at **7.9p**. A break above it would target the top of the broadening triangle from November, potentially around **10p** by the end of next month or even sooner. RSI support in the upper 50s is a notably strong feature. The usual caveat is funding risk, because the company has a history of returning to the market for capital. But technically, this is one of the more promising setups for some time.* - ***80 Mile: Recovering After the Rug Pull: **80 Mile suffered a sharp rug pull a couple of weeks ago but is now back at the top of its falling trend channel around** 0.66p.** A move above that level would bring the 200-day moving average at **0.83p** into play. The setup is simple: remain above the recently broken **0.60p** resistance, and the **0.83p** area becomes the target.* - ***First Class Metals: Pushing Through Sticky Resistance: **First Class Metals has had a strong week and is close to the previous **4.25p** target at the top of its rising channel. The 50-day and 200-day moving averages are now both rising, which is an encouraging improvement. The next challenge is the sticky resistance around **4.75p.** If the shares can clear that in the next week or two, the larger chart points to the major** 5p** resistance area from 2024. A sustained move above 5p would be quite a coup. In the meantime, holding above the broken **3.5p** resistance is the important defensive requirement.* - ***Galantas: Wait for the 36p Close: **Galantas is approaching a break through the first target around 36p. The underlying structure is strong, supported by rising 50-day and 200-day moving averages and recent bullish candlestick action. Above 36p, the chart points towards **50p** by the end of next month. Given the potential volatility, however, an end-of-day close above **36p** would be the sensible confirmation before becoming too ambitious.* - ***GCM: Profit-Taking Within a Stronger Structure: **GCM has had a mostly smooth rise, aside from some recent profit-taking. The old **14.5p** target has now become the key support area, which is exactly what a healthy breakout structure should do. The shares are also moving towards a golden cross between the 50-day and 200-day averages. That supports the expectation of a retest of the recent** 21p** peak, potentially over the next couple of weeks if the rebound continues and news flow remains supportive.* - ***Galileo: Bull Flag Above 0.75p: **Galileo has been one of the better risers in recent days and is trading in a bull flag around its 200-day moving average. The target remains** 1p** by the end of next month. As long as the shares stay above the **0.75p** support area, the flag pattern remains constructive.* - ***Sareum: A New Target Above 34p: **Sareum has already reached its earlier **34p** target. That level now becomes the key base for the next phase. Provided the shares can remain above 34p, the next technical objective is **46p**, reflecting the resistance zone that followed during 2024.* - ***Thruvision: Golden Cross Support for a 1.75p Target: **Thruvision has broken through recent resistance at **1.48p** following its latest Canadian contract win or order. The chart is only a day or two away from a golden cross, adding further confidence to the move. The best-case target is **1.75p** in the next week or two, but the key requirement is to remain above **1.4p** whatever happens.* - ***Tungsten West: Government Backing and a Higher Channel Target: **Tungsten West has the additional interest of government backing, with approximately £70 million reportedly committed. Whether that proves an inspired use of taxpayer money remains open to debate, but the chart itself is looking positive. The top of the channel is around **56p.** A sustained move above that level opens up a revised upside target of **74p**, potentially by the end of October. The shares ideally need to remain above the recently broken **46p** resistance, and the chart suggests that is achievable for now.* - ***Valereum: A Setup for a Bigger Move: **Valereum has released an announcement that may only be understood by a small number of people, but the market does not appear too bothered by that. The chart is the more interesting part. The immediate aim is **4p,** the top of the rising trend channel. Above that, the bigger target is **6.7p** near the 200-day moving average, potentially by the end of September. The setup is backed by a 50-day moving average that has been rising for several weeks. The rally began with a gap higher, creating a bear-trap island reversal, followed by a sideways shuffle above the rising 50-day line. That sort of formation can provide the foundation for a substantial move when it works.* - ***WeCap: A Tentative Bounce From a Difficult Low: **WeCap has endured a horrible six to nine months, accompanied by some particularly negative commentary. Yet the shares are trying to bounce from the **0.26p** area, and the company has also been added to the Russell 3000 Index. The index inclusion does not remove the risks, but it does suggest the situation may not be quite as terminal as some of the mudslinging implies. This is one to approach gingerly. A close through the April resistance line at **0.34p** would be the first meaningful technical signal that the shares can travel back towards the **0.50p** resistance area encountered on the way down.* ## The Levels Matter Most There are plenty of constructive charts here, particularly Bitcoin, Ethereum, Blencowe, First Class Metals, Valereum and a number of the other smaller-cap situations moving towards or through bullish moving-average configurations. But late August can be a thin and slippery period. The sensible approach is to respect the trigger levels, wait for end-of-day confirmation where needed, and keep an eye on the support that defines each bullish scenario. Rising 50-day and 200-day moving averages, RSI holding above the midline, bull flags and golden-cross setups all provide useful technical context. For a useful primer on relative strength index readings and momentum analysis, it is worth understanding how these indicators complement price action rather than replace it. **Disclaimer & Declaration of Interest:** The 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. --- **Original URL:** https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-thursday-27th-august-2026/ *Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*