---
title: "Traders Cafe with Zak Mir: Bulletin Board Heroes, Tuesday 22nd September 2026"
publisher: "Share Talk"
author: "sharetalk"
published: "2026-09-22T10:58:30+00:00"
modified: "2026-09-22T10:58:30+00:00"
date: 2026-09-22
canonical: "https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-tuesday-22nd-september-2026/"
category: "Bulletin Board Heroes"
categories: ["Bulletin Board Heroes"]
tags: ["Audioboom", "Bitcoin", "DAX", "Dow", "East Star", "Eco Atlantic", "Ethereum", "Fonix", "FTSE 100", "Getech", "Gold", "MedPal", "Oxford BioMedica", "Rc365", "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&ssl=1"
format: "news"
language: "en-GB"
---

# Traders Cafe with Zak Mir: Bulletin Board Heroes, Tuesday 22nd September 2026

**Published:** September 22, 2026
**Author:** sharetalk
**Categories:** Bulletin Board Heroes
**Tags:** Audioboom, Bitcoin, DAX, Dow, East Star, Eco Atlantic, Ethereum, Fonix, FTSE 100, Getech, Gold, MedPal, Oxford BioMedica, Rc365, 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&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, Audioboom, Eco (Atlantic), East Star, Fonix, Getech, Medpal, Oxford Biomedica, and Rc365.**

Markets are sitting at some rather interesting levels. Several major indices remain within rising trend channels; Bitcoin and Ethereum have broken higher, and a number of small-cap shares are showing the sort of momentum that can turn into a much bigger move if key support levels hold.

The main theme is straightforward: respect support levels, watch for breakouts through resistance, and don’t get too carried away before the charts confirm the next leg higher. A rising 50-day moving average remains an important feature across many of these setups, while the Relative Strength Index, or RSI, offers a useful guide to whether momentum is improving or fading.

###### As always, do your own research and treat these as chart-based observations rather than hard recommendations

## Major Indices: FTSE 100, DAX and Dow

### FTSE 100: A Tight Range Before the Next Break

The FTSE 100 remains within the rising trend channel in place since late March. The immediate question is where the market floor sits, and the chart now suggests that area is close to 10,630.

That level has produced a bounce, while the rising 50-day moving average near 10,760 is providing another nearby technical hurdle. Above that, the July resistance line around 10,840 is the key level to beat.

- **Initial support:** 10,630

- **50-day moving average:** approximately 10,760

- **July resistance:** approximately 10,840

- **Upside breakout target:** 11,000 and potential record highs

- **Lower support:** 10,400, followed by the 200-day moving average near 10,418

A decisive break above the 10,840 area would bring 11,000-plus into play. That would mean fresh record highs ahead of next month’s Budget, which feels somewhat surprising. The more cautious scenario would be a dip back towards July support around 10,400, but for now the market is trapped in a narrow range awaiting direction.

### DAX: Looking Towards 26,200

The DAX is also trading within a rising trend channel. The near-term objective is around 25,400, with the 50-day moving average just below 25,800. Beyond that, resistance around 26,200 looks like the likely destination over the coming days if the positive structure remains intact.

On the downside, the first level to protect is the old July gap support around 25,100. The 200-day moving average is lower, near 24,800, but ideally the market should not need to test it.

- **Near-term channel target:** 25,400

- **50-day moving average:** just under 25,800

- **Major resistance:** 26,200

- **Preferred support:** 25,100

- **Deeper support:** around 24,800

### Dow Jones: A Recovery That Still Needs Momentum

The Dow has bounced from its broader rising channel, although the recent move was not quite where the tighter channel structure had suggested it should be. The immediate positive is that the index remains above the uptrend line from early April, currently around 51,400.

Above that, the next technical target is the 50-day moving average near 52,800, followed by resistance from the start of last month around 53,000.

There is a caveat. The RSI remains below the neutral 50 level, which is not a particularly convincing momentum signal. With oil prices still elevated despite their recent decline, more cautious traders may view rallies towards the 50-day line as an opportunity to sell into strength rather than chase the upside.

- **Trend support:** 51,400

- **50-day moving average:** 52,800

- **Resistance:** around 53,000

- **Momentum signal:** RSI remains below 50

## Cryptocurrency: Bitcoin and Ethereum Break Higher

### Bitcoin: The 82,000 Breakout Opens the Door to 95,000

Bitcoin has broken out of its recent consolidation range between 75,000 and 82,000. That is a constructive development, particularly as the move has been followed by relatively orderly consolidation rather than an immediate collapse back into the range.

As long as Bitcoin stays above 82,000, the next major target is 95,000. That level represents the top of the broadening triangle structure that has been developing since February.

- **Former range floor:** 75,000

- **Breakout level:** 82,000

- **Upside target:** 95,000

The original expectation was that 95,000 could be reached by the end of next month. Given the pace of the move, it may arrive sooner. If the price does break down, 75,000 is the level that bulls will want to see hold as the maximum downside within the current setup.

### Ethereum: Holding Above 2,580 Keeps 2,950 in Focus

Ethereum has also produced a breakout and is moving towards the top of its rising trend channel. The immediate target is around 2,950, having moved up from the 2,900 area.

A sustained move above 2,950 would point towards 3,400, potentially by the end of next month. The first job, however, is getting through 2,950 and remaining above the recently broken resistance at 2,580.

- **Key support:** 2,580

- **Initial channel target:** 2,950

- **Higher target:** 3,400

## Commodities: Gold Holds Its Channel While Crude Weakens

### Gold: A Rising Channel Still Supports the Bullish Case

Gold is struggling around the floor of its rising trend channel, but the important point is that the channel remains upward sloping. The 50-day moving average is also rising and sits near 4,300.

If gold can hold above that combination of trend-channel support and the 50-day line, the next target is the 200-day moving average at 4,542. That is the level in focus by the end of next month.

- **50-day moving average:** around 4,300

- **Potential target:** 4,542

- **Chart structure:** rising trend channel remains intact

### WTI Crude Oil: The Gap Down Has Changed the Picture

WTI crude oil has suffered a sharp setback, with the market gapping down despite the more belligerent comments from Trump over the weekend. Once the price fell back below the old July resistance at 93, the technical picture deteriorated quickly.

The unfilled gap points towards the 50-day moving average near 87.26 as the minimum downside objective. This is effectively the best case that bulls may be able to salvage after the break below 93.

- **Broken July resistance:** 93

- **50-day moving average target:** 87.26

- **Momentum:** RSI has fallen below the neutral 50 level

With the RSI below 50, the chart does not look particularly encouraging for oil bulls at present.

## Smaller-Cap Shares to Watch

- ***Audioboom: Support at the Rising 50-Day Line: **Audioboom may still attract speculation around a possible merger and acquisition outcome, but there is no confirmed corporate action on the table. From a chart perspective, the shares have bounced neatly from the rising 50-day moving average near **476p**. The RSI has also produced what looks like a double or even triple bounce around the neutral 50 level. That is a constructive momentum pattern and could support a reasonable recovery. The best upside scenario is a move to the top of the rising trend channel from June, near **560p**. It may feel some way off at the moment, but holding above the 50-day line is the essential condition.*

- ***Eco Atlantic: 40p Is the Level That Matters: **Eco Atlantic delivered a reasonable update, although the shares have slipped out of their former rising trend channel. A wider channel now appears to be taking shape, and that offers a possible route back towards the year’s highs near **70p** by the end of the year. The immediate priority is to remain above the old support level from March at around **40p**. If that level holds, the 50-day moving average near **50p** becomes the first upside target.*

- ***East Star Resources: Above 8.4p, 11p Remains in Play: **East Star Resources has benefited from positive attention, including praise from a notable investor. The shares reached the second target around **10.5p** before easing back. The bullish view remains intact as long as the price stays above the initial September resistance level at **8.4p**. Above that level, the **11p** target remains valid.*

- ***Fonix: Break Above 178p Could Trigger a Bigger Move: **Fonix has reached the top of a broadening triangle pattern, with the key breakout level sitting around **178p**. The shares have also bounced above a rising 50-day moving average, which is the sort of setup that can lead to a more substantial upside move. Above 178p, the upper parallel of the broadening triangle points towards** 224p**. That target could be in play by the end of next month if the breakout gains traction.*

- ***Getech: Turnaround Momentum Builds Above 3.5p: **Getech has reached its initial target at **3.9p**. The next likely destination is the old support area from 2024, around** 6.75p**. The turnaround story appears to be gathering momentum, particularly after the recent gap through resistance. A gap through resistance is often a strong technical signal, especially when the price then manages to remain above the breakout area. The bullish case remains valid while Getech stays above **3.5p**.*

- ***MedPal: A Fundraise and a Route Back to 7.4p: **MedPal has raised £5 million, providing a meaningful addition to the company’s cash position. The chart is currently bouncing around old resistance from the beginning of the year, near **5.4p**. Holding above 5.4p would support a retest of the year’s highs around** 7.4p**. In a stronger scenario, the upper parallel of the rising trend channel from March points towards **10p** by the end of next month.*

- ***Oxford Biomedica: Consolidation Above 460p Is the Key: **Oxford Biomedica has been the subject of market whispers about potential M&A interest. The company’s update has also helped maintain a positive mood around the shares. Technically, the main requirement is consolidation above the broken resistance line from July, near **460p**. Above that level, the 50-day moving average near **517p** becomes the target, with or without any merger and acquisition development.*

- ***RC365: A Mid-Move Consolidation Breakout: **RC365 is showing the characteristics of a mid-move consolidation breakout. The first target at** 3.8p** has already been achieved, and the upper parallel of the rising trend channel from June now points towards **5.3p**. The setup remains constructive while the shares hold above **3.75p**. If that support remains in place, 5.3p is the next chart objective by the end of next month.*

## The Levels That Will Define the Next Move

The broad market picture remains delicately balanced. The FTSE 100, DAX and Dow all have identifiable support and resistance levels that should determine whether the current recoveries become genuine breakouts or simply rallies into resistance.

Bitcoin and Ethereum are technically better placed after their recent breakouts, although Bitcoin must remain above 82,000 and Ethereum needs to hold 2,580. Gold still has an upward-sloping structure, while crude oil has become the weaker commodity after falling below 93 and slipping under neutral RSI momentum.

Among the smaller shares, the most important theme is the same one seen across the wider market: hold the support, clear the resistance, and allow the chart to do the hard work.

**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-tuesday-22nd-september-2026/
*Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*
