{"id":131267,"title":"Traders Cafe with Zak Mir: Bulletin Board Heroes, Thursday 8th January 2026","publisher":"Share Talk","author":"sharetalk","published":"2026-01-08T12:42:44+00:00","modified":"2026-01-08T12:42:44+00:00","canonical_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-thursday-8th-january-2026/","markdown_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-thursday-8th-january-2026.md","json_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-thursday-8th-january-2026.json","category":"Bulletin Board Heroes","categories":["Bulletin Board Heroes"],"tags":["ALBA","Astrid","Bitcoin","CleanTech","Correro","Cykel","DAX","Dow","Ethereum","FTSE 100","Gold","MobilityOne","Oxford Biodynamics","Proteome","Seed Innovations","silver","Tooru","Truetide","vault","World Chess","Zaks Traders Cafe"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Traders-Cafe-with-Zak-Mir_-Bulletin-Board-Heroes-5-750x406-1.jpg?fit=750%2C406&quality=89&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 FTSE 100, DAX, Dow, Bitcoin, Ethereum, Gold, Silver, Alba, Astrid, Cykel, Correro, World Chess, CleanTech, MobilityOne, Oxford Biodynamics, Proteome, Seed Innovations, Truetide, Tooru, Vault.\n\nMarkets are settling into the new year with a familiar mix of momentum and short-term profit taking. Major indices are trying to find support after runs higher, cryptocurrencies are testing short-term moving averages, and a handful of smaller stocks are showing early signs of technical turnarounds. Below I pull together the key levels, likely scenarios and practical targets to watch across indices, crypto, precious metals and selected small caps.\n\nAs always, do your own research and treat these as chart-based observations rather than hard recommendations.\n\n### Major Indices: where the support and resistance sit\n\n#### FTSE 100\n\nThe FTSE pulled back from the top of its rising channel and is hovering near the **9,880** area. That zone should act as immediate support; the psychologically important **10,000** level remains the line in the sand for near-term momentum.\n\n- Immediate support: **9,880**\n\n- Key short-term support: **10,000**\n\n- Resistance to clear: **9,970** then a retest of **10,150+**\n\n- Scenario: hold above 10,000 and expect a re-test of higher channel highs later this month. Failing 9,880 risks a deeper pullback.\n\n#### DAX\n\nThe DAX is positive and appears to be heading toward the top of a rising trend channel formed since April. Both the 50 and 200 day moving averages are rising, which supports the momentum while above the old October resistance at **24,700**.\n\n- Support: **24,700**\n\n- Potential target: just under **26,000** as an end of month objective\n\n- Outlook: constructive while price holds above the October resistance and the rising moving averages.\n\n#### Dow\n\nAfter some early-week strength, the Dow backed off from the top of its channel. The channel still provides a useful map for likely support and resistance levels.\n\n- Near resistance: channel top around **49,700**; extended target near **50,000**\n\n- Key short-term support: previous resistance at **48,800** and the 50 day line around **47,700**\n\n- Outlook: a close above 48,800 would be reassuring. A sustained move below that opens a deeper test of the 50 day.\n\n### Cryptocurrencies\n\n#### Bitcoin\n\nEarly January optimism faded into a failed breakout — essentially a mild bull trap around December resistance. The 50 day moving average is now the key short-term guardrail.\n\n- Short-term support: **50-day MA ~ 89,000**\n\n- Next support area: late-2024 uptrend line around **86,000**\n\n- Upside path: as long as price stays above the 50 day, a retest of **94,000–95,000** is possible, with an extended target near **106,000** by late next month in the best case\n\n- Warning: failure under the 50 day would increase the risk of a deeper pullback towards the uptrend line.\n\n#### Ethereum\n\nEthereum is battling the psychological and technical **3,000** area where the 50 day sits around **3,017**. Momentum is fragile, but there is a clear route higher if the 50 day holds.\n\n- Current guardrail: **50-day MA ~ 3,017**\n\n- Near-term resistance and target: **200-day MA ~ 3,617** by the end of the month in a bullish scenario\n\n- Support: April uptrend line near **2,940**\n\n### Precious metals: ranging after the volatility\n\n#### Gold\n\nGold has settled into the middle of a range after a volatile patch. A rising channel from late November provides structure, with the floor and ceiling giving useful entry and target levels.\n\n- Current price area: around **4,429** (index or pricing unit used here)\n\n- Support: channel floor near **4,310** and the 50 day around **4,202**\n\n- Upside target: top of channel and November resistance near **4,810**\n\n- Trade idea: consider limit entries near the 50 day (roughly **4,200**) if not already positioned.\n\n#### Silver\n\nSilver remains in a mid range between the 70 and 85 levels. The technical picture remains bullish while price holds above **70**, with upside towards the September resistance projection near **85**.\n\n- Range: roughly **70–85**\n\n- Bias: bullish above **70**, watching for a run toward **85** as the next meaningful resistance.\n\n### Selected small caps and bulletin board stocks\n\nSeveral small-cap names are showing promising technical patterns: breakouts, rising moving averages and constructive channel behaviour. The focus below highlights where the action is and what to watch.\n\n#### Alba\n\n- Working above a rising 200 day MA near **0.019**\n\n- Resistance to clear for momentum: around **0.026** with a target of **0.035** if that level is taken out\n\n#### Astrid Intelligence\n\n- Signs of a bottom and a break above resistance near **0.12**\n\n- Short-term target: **0.17** by the end of the month; break of the rising 50 day is a positive signal\n\n#### Cykel AI\n\n- Broken out of a falling channel and now above the **33p** breakout level\n\n- Targets: older support turned resistance at **81p** by end of next month; key short-term close above the 50 day at **36p**\n\n- Bullish divergence into late December supports the turnaround thesis\n\n#### Corero Network\n\n- Stock has struggled but is now just below a rising 50 day with a recent gap close signal\n\n- Potential target: **13p** by the end of the month while staying above the channel floor and the 50 day (~**9–12p**)\n\n#### World Chess\n\n- Multiple support tests near the **0.50 zone** and a test of the 50 day at **0.85**\n\n- Target scenario: up to **1.4** by the end of next month if the 50 day breaks to the upside\n\n#### CleanTech\n\n- Strong start to the year, initial target **10p** reached and now aiming for **14p**\n\n- Short-term support: remain above **8p**\n\n#### MobilityOne\n\n- Big run so far with a need to find support; recent lows held near **6p**\n\n- Stretch target if momentum continues: **14p** by month end\n\n#### Oxford BioDynamics\n\n- U-shaped recovery following fundraising pressures; look for a close above the 50 day and an RSI push above 50\n\n- Triangle top target near **0.39** with near-term support around **0.22**\n\n#### Proteome Sciences\n\n- Good news flow earlier has not yet led to a sustained breakout; failed around **4p** but remains above broken resistance at **3p**\n\n- Target if momentum returns: **5.5p**\n\n#### Seed Innovations\n\n- Bounced above a rising 200 day MA and has now cleared the 50 day at about **3p**\n\n- Target: **5p** by the end of next month\n\n#### Truetide\n\n- Looks to be forming a broadening triangle with bullish divergence into the lows\n\n- Break above the 50 day near **2p** opens a move toward **2.8p**\n\n#### Tooru\n\n- Has the characteristics of a rising trend channel after an outfill gap and bounce above the 50 day at **0.25p**\n\n- Target from earlier levels: **0.41p** while above the 50 day\n\n#### Vault\n\n- Economy of the breakout: the stock has cleared the top of a falling channel from September and gapped through the 50 day\n\n- Short-term target: **1.6p** and the 200 day by month end while support holds near **1.1–1.2p**\n\n### Putting it together: risk management and trade ideas\n\nTechnical trading is mostly about levels and probabilities. The consistent themes here are:\n\n- Watch the 50 day moving average for short-term trend confirmation. Many of the names above need to hold or retake their 50 day to keep the bullish case intact.\n\n- Identify clear support and set stops just below those levels to limit downside risk.\n\n- Target the next logical resistance or channel top for exits. A measured, staged approach to taking profits preserves upside if the trend continues.\n\nShort-term targets are achievable for several names if they remain above the relevant moving averages and channel floors. If markets roll over and break those supports, expect corrective moves and reassess levels at that point.\n\nMore updates will follow as price action evolves and new technical signals appear.\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."}