{"id":131761,"title":"Traders Cafe with Zak Mir: Bulletin Board Heroes, Wednesday 21st January 2026","publisher":"Share Talk","author":"sharetalk","published":"2026-01-21T12:08:34+00:00","modified":"2026-01-21T12:24:39+00:00","canonical_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-wednesday-21st-january-2026/","markdown_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-wednesday-21st-january-2026.md","json_url":"https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-wednesday-21st-january-2026.json","category":"Bulletin Board Heroes","categories":["Bulletin Board Heroes"],"tags":["Acuity","Avacta","Bitcoin","DAX","Delta Gold","Dow","Ethereum","FTSE 100","Gold","Goldstone","Orosur","Physiomics","Pulsar","Sovereign Metals","Tan Delta","Valereum","Velocity Composites","Wishbone"],"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, Avacta, Acuity, Delta Gold, Goldstone, Orosur, Pulsar, Physiomics, Sovereign Metals, Tan Delta, Velocity Composites, Valereum, and Wishbone.\n\nMarkets remain a mixed bag this morning. A handful of indices are holding technical support, while cryptocurrencies have slipped back into a more bearish posture, and gold continues to run.\n\nAs always, do your own research and treat these as chart-based observations rather than hard recommendations.\n\nBelow, I go through the important levels, likely scenarios and a selection of small-cap names I’m watching closely.\n\n### Major indices\n\n#### FTSE 100\n\nThe Footsie dodged a deeper sell-off for now. We briefly flirted with a lower zone around **~10,050** but have bounced and the RSI is still above the neutral 50 line, which supports the recovery.\n\nKey levels to watch:\n\n- **Close above 10,200** would improve the odds of a move back up toward the top of the October rising channel, potentially as high as **10,500** over the coming month.\n\n- If we fail to reclaim **10,200** there is the risk of a retest of the channel floor near **9,980**.\n\n- Worst case: a sharp pullback to the 50-day moving average around **9,838**, a zone tested in December.\n\n#### DAX\n\nThe DAX is sitting on the fence in terms of bullishness. There are a couple of unfilled downside gaps that tend to act as a magnet for price, and the RSI is sliding below 50 — both favouring a pullback.\n\nWatch for:\n\n- An end-of-day close back above the recent gap top (just under **25,000**) to avoid a deeper retracement.\n\n- Absent that, a likely test of the 50-day moving average at roughly **24,200**, which could be a logical re-entry point for bulls aiming for a retest of **25,500** in February.\n\n### Cryptocurrencies\n\nCryptos have softened and slipped below their 50-day lines, which is a technical red flag.\n\n#### Bitcoin\n\n- Currently below the 50-day line around **~90,300**.\n\n- A bull-trap through **95,000** increases the chance of another test of the October uptrend (and a possible move back toward **80,000**) if we close the day below **86,000**.\n\n#### Ethereum\n\n- Trading on the April uptrend support near **2,960** — a logical dip-buy area for bulls.\n\n- If it fails to hold, the next material support is November’s level at **2,622**. The 50-day is near **3,085**.\n\n- RSI sits around **39**, which keeps Ethereum firmly within a bearish regime until momentum improves.\n\n### Gold\n\nGold is charging to new highs faster than expected. A near-term target I’m watching is the July resistance projection at roughly **5,400**, which the current pace could reach by the end of next month if the rally continues.\n\nKey considerations:\n\n- Primary support: the recent gap area above **4,700**. Staying above that keeps the bullish case intact.\n\n- Potential rug-pull low: **4,550–4,580** on a corrective move, but ideally we remain above **4,700** and push into the low **5,000s** quickly.\n\n### Selected Small Caps and Mid Caps\n\nHere are the names I’m focusing on today, with the levels that matter for targets and stops.\n\n#### Avacta Group\n\n- Bounced above the rising 200-day line — a bullish leading signal.\n\n- As long as price holds above **51p**, upside toward **69p** is plausible.\n\n- If we break back below the 50-day then the next downside sits near **40p**.\n\n#### Acuity RM Group\n\n- Bear-trap gap reversal in play after positive contract news.\n\n- Holding the top of the gap near **0.82p** is constructive; target around **1.11p** (top of the broadening triangle).\n\n- Keep an eye on the rising 50-day as a stop — roughly **0.85p**.\n\n#### Delta Gold\n\n- Strong start to January and we hit the initial **26p** target.\n\n- End-of-day closes above **26p** would open a path to around **37p** by the end of next month.\n\n- Shorter-term stop: yesterday’s low near **22p** (a 23p close was previously the stop-loss guide).\n\n#### Goldstone Resources\n\n- A meaningful funding RNS has improved sentiment and allowed the stock to overcome financing worries.\n\n- Above the **0.74p** trend-channel top this day, the next logical target is toward **1p** by the end of next month.\n\n- Support to hold: the December resistance-turned-support around **0.65p**, with the 200-day nearer **0.58p** if things weaken.\n\n#### Orosur Mining\n\n- Rising trend channel intact and looking exponential; target roughly **43p** by the end of next month while above recent resistance near **32p**.\n\n#### Pulsar Helium\n\n- Completely on fire — initial ambitious targets have been exceeded.\n\n- Next resistance is the upper parallel of the August rising channel, around **£1.15** and possibly reachable by month-end.\n\n- Tighter stop levels suggested around **80p**; a clean end-of-day close above **88p** would support further gains.\n\n#### Physiomics\n\n- Finally showing life after a long base; gap through resistance near **0.28p** and a touch of the 50-day at** 0.32p**.\n\n- Next resistance on the way up: around **0.37–0.38p**.\n\n#### Sovereign Metals\n\n- Exceeded the initial falling-channel target of **37p** — a solid result.\n\n- Next stage: aim for about **55p** by the end of next month while staying above the prior target near **36p**.\n\n- Multiple RSI 50 rebounds and a sideways shuffle above the rising 50-day were reliable bullish signals ahead of today’s move.\n\n#### Tan Delta Systems\n\n- Drawing a rising trend channel here; recent highs near **55p** look reachable while the 50-day around **33p** holds.\n\n#### Velocity Composites\n\n- Broken through the 50-day moving average and close to the rising structure that could retest October resistance.\n\n- Potential upside toward **26–28p** by the end of next month while above the 50-day near **16p**.\n\n#### Valereum\n\n- Decent deal news produced an intraday spike within a rising channel; a move toward **27p** is a reasonable near-term target while we hold the floor and the 50-day near **12p**.\n\n#### Wishbone Gold\n\n- Rebounded off the rising 200-day line; momentum suggests upside toward **100p** by the end of this month while above the 50-day at **74p**.\n\n### Final Thoughts\n\nTechnical reality right now is a simple one: risks remain for indices and cryptos until they can convincingly reclaim key moving averages and close above recent resistance. Gold is the standout, powering higher and demanding respect from any portfolio that needs inflation or risk-insulation exposure.\n\nOn small caps, the trade remains level-specific — use the moving averages and the channel boundaries mentioned above to manage risk. If price holds those support zones, the upside targets I’ve listed are logical next stops. If they fail, be ready to reduce exposure or re-price your stops accordingly.\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."}