---
title: "Traders Cafe with Zak Mir: Bulletin Board Heroes, Weekend Edition Sunday 11th October 2026"
publisher: "Share Talk"
author: "sharetalk"
published: "2026-10-11T10:26:37+00:00"
modified: "2026-10-11T10:26:37+00:00"
date: 2026-10-11
canonical: "https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-weekend-edition-sunday-11th-october-2026/"
category: "Bulletin Board Heroes"
categories: ["Bulletin Board Heroes"]
tags: ["1st Tin", "Arkle Forgent", "Aston Martin", "Bitcoin", "DAX", "Dow", "Ethereum", "FTSE 100", "Georgina Energy", "Gfinity", "Gold", "Helium One", "Hemogenyx", "Huddled", "Immupharma", "Microlise", "Panther Metals", "Strategic Minerals", "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, Weekend Edition Sunday 11th October 2026

**Published:** October 11, 2026
**Author:** sharetalk
**Categories:** Bulletin Board Heroes
**Tags:** 1st Tin, Arkle Forgent, Aston Martin, Bitcoin, DAX, Dow, Ethereum, FTSE 100, Georgina Energy, Gfinity, Gold, Helium One, Hemogenyx, Huddled, Immupharma, Microlise, Panther Metals, Strategic Minerals, 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, Aston Martin, Arkle Forgent, 1st Tin, Georgina Energy, Gfinity, Hemogenyx, Helium One, Huddled, Immupharma, Microlise, Panther Metals, Strategic Minerals**

The major indices are rather more mixed. The FTSE 100 is in the middle of its recent range, the DAX is trying to build on a bounce at its 200-day moving average, and the Dow has pushed through a resistance line. Bitcoin still has a path to recovery, while Ethereum has made things harder for itself by slipping back into its previous trading range.

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

These are the technical setups for the weekend. The targets are conditional chart projections, not promises, and the support levels matter just as much as the upside.

## Major indices: support needs to do its job

### FTSE 100: a positive divergence within the range

The FTSE 100 sits roughly in the middle of its recent range, which stretches from around **10,200 towards 11,000**. The immediate pivot is the 200-day moving average at approximately **10,471**, with the market trading either side of it.

Above that moving average, the next area of interest is the 50-day line and July resistance line around **10,730 to 10,740**.

What gives the chart a positive tweak is Thursday’s lower price low alongside a higher reading in the relative strength index, or RSI. That is a bullish divergence: price has made a fresh low, but momentum has not confirmed the deterioration.

My preferred interpretation is therefore a move towards the 10,740 area while the index holds above **10,420**, the floor of the channel. An end-of-day close below that floor would weaken the setup and bring approximately **10,220** back into play.

### DAX: trying to establish a low at the 200-day line

The DAX has been less volatile than the FTSE and has bounced at its 200-day moving average, around **24,800**. The hope is that the low is already in place and the market can work its way back towards **25,000 to 25,300**.

The September resistance line at roughly **25,400** provides the more ambitious upside objective. Anything much beyond that looks a little keen at this stage.

If the bounce fails, the downside reference points are late-June support at **24,500**, followed by the **24,000** area. For now, the constructive case rests on the 200-day line continuing to hold.

### Dow: a resistance break improves the picture

The Dow had a slightly tough week, but it resolved matters to the upside by pushing through the September resistance line at approximately **51,300**.

Above that level, I am looking towards the 50-day moving average at **52,600**, ideally over the next week or two and before the end of October. The midterm backdrop may be part of the market’s thinking, but the price break is the important technical development.

The more ambitious target is the top of the rising trend channel from April, around **54,100**. If there is a sudden reversal, the lower support area near **50,300** would hopefully contain it.

RSI remains below its neutral 50 level, so momentum is not yet emphatically bullish. Nevertheless, it has an upward bias, and the bounce above the rising 200-day moving average is another positive.

## Bitcoin and Ethereum: two different recovery tests

### Bitcoin: the 50-day moving average is the next test

Bitcoin looked full of promise at one stage, but a pullback towards its 50-day moving average was already part of the scenario once it slipped below **$82,000**.

That average sits just above **$80,000** and had not quite been reached at the time of this assessment. Provided it holds, the immediate recovery objective is a retest of recent resistance around **$87,000**.

The best-case projection is towards **$95,000** by the end of October, corresponding with the top of the rising trend channel from February. First, though, Bitcoin needs to establish that the moving-average support can do its job.

### Ethereum: back inside the old range

Ethereum has been doubly disappointing. It has slipped below the old resistance area around **$2,600** and below its 50-day moving average, approximately **$2,550**.

That leaves it back inside the previous range of roughly **$2,380 to $2,580**. The charitable interpretation is that the breakout has failed for now, rather than that something more serious is developing.

There is, however, a downside risk towards the 200-day moving average around **$2,100** while the market remains below the 50-day line. With RSI also below 50, the recovery signal I want is straightforward: **a move back above $2,550**.

## Gold and WTI crude oil: signs of a better technical tone

### Gold: resistance gives way

Gold’s recent struggle may finally be easing. It has broken the resistance line around **$4,160**, opening the possibility of a move towards its 50-day moving average near **$4,340** by the end of October.

Ideally, the market now stays above the rising support line from early July, around **$4,130**. That is the nearby level against which to judge whether the breakout is holding.

RSI is attempting a rebound, although it remains below the neutral 50 level. The price action has improved, but momentum still has some catching up to do.

### WTI crude oil: a rising 50-day line supports the bullish case

Crude oil remains a particularly interesting market. Whatever the political headlines surrounding Trump and Putin, the technical point is that price has bounced above a rising 50-day moving average.

That line sits around **$89**. While crude remains above it, the chart suggests a move back towards the lower edge of the gap around **$97**.

RSI is close to 50 rather than decisively above it, but the moving-average bounce gives the setup a bullish tone. Holding $89 would also help the market avoid a deeper test of the 200-day moving average around **$82**.

## Smaller-Cap Shares to Watch

The recurring theme across the shares is improving price action around rising moving averages. Some are recovering from prolonged underperformance; others are consolidating after strong moves. The distinction matters, because a promising chart is not the same thing as a completed turnaround.

- ***Aston Martin: a punchy recovery call after chronic underperformance: **Aston Martin is something of a novelty here. It has been one of the more disappointing IPO stories of recent years, with persistent weakness, but the recent rally deserves attention. While the shares remain above the broken July resistance around **40p**, the initial objective is the top of the falling trend channel at approximately **46p to 47p**. If there is something more substantial developing, the best-case target is **55p**, at the top of the broadening triangle from March. The encouraging features are repeated tests of an upward support line in RSI and a recent bounce above the rising 50-day moving average. At the very least, I would like **38p** to hold, but staying above 40p would make the recovery argument much cleaner. It is a punchy call given the history of the shares and the company. That is precisely why the support levels are important.*

- ***Arkle: strength above the rising 50-day average: **Arkle is looking strong near its highs and is rising above a rising 50-day moving average. While it holds above that line, around **0.73p**, the upside projection is approximately **1.05p**. RSI rebounds at or above 50 reinforce the constructive interpretation. Price and momentum are both supporting the same argument.*

- ***Forgent: drilling news appears to outweigh the placing: **Forgent appears to be doing something that can be difficult for a small-cap share: rising after a placing. The recent fundraising was understood to be **£500,000**, with the drilling update seemingly attracting more attention than the dilution. Thursday’s bounce above the 50-day moving average is the key chart feature. While that average holds, the best-case projection is towards **0.021p** by the end of November. That is an ambitious target, but an RSI bounce above the neutral 50 level gives the setup some support.*

- ***First Tin: 13p is the breakout reference: **First Tin finished the week strongly. The immediate requirement is to remain above **13p**, which represents recent resistance. If that former ceiling becomes support, the chart points towards **20p** by the end of November, potentially sooner. Both the 50-day and 200-day moving averages are rising quickly, which makes this more interesting than a price spike on its own.*

- ***Georgina Energy: the rising channel offers room above: **Georgina Energy ended the week above its rising 50-day moving average at approximately **12.25p**. That keeps the focus on the upper boundary of the rising trend channel from February. The projection is towards **17.5p** by the end of October. Ideally, the shares now remain above **10p**, whatever criticism is directed at the company.*

- ***Gfinity: repeated moving-average bounces: **Gfinity continues to display a setup I like: repeated bounces above a rising 50-day moving average. That behaviour has been developing since the beginning of September and remains the central feature of the chart. The upside sequence **0.56p**  zone is a move towards initial resistance, followed by a possible extension to the top of the broadening triangle of **0.80p** by the end of November. It is an ambitious projection, but the chart itself is quite punchy. The important condition is that the rising moving-average support continues to hold. Without it, the argument for the larger extension becomes much less convincing.*

- ***Hemogenyx: consolidation rather than reversal: **Hemogenyx is still bouncing within what looks like a mid-move consolidation, with the important floor around **£6.25**. Above that level, the projection remains towards **£10** by the end of November. There had not been a placing at the time of this assessment, which may be helping the shares maintain their position. A future fundraising looks conceivable, but its timing and market reception are unknown. It should not be treated as either confirmed news or an automatic reason for the chart to fail.*

- ***Helium One: a strong Friday finish suggests accumulation: **Helium One advanced sharply during the week without an obvious fresh major announcement to explain the whole move. The technical picture is nevertheless constructive: the shares are rising above a rising 50-day moving average. Friday was particularly strong, with the shares opening at the low and closing at the high. That sort of session suggests accumulation. The initial upside projection is approximately **0.57p**, with a best-case extension towards **0.92p** by the end of November. Given the uncertainty over what might drive the larger move, the more modest **0.5p-plus area** is the sensible first focus.*

- ***Huddled: a more sustained turnaround: **Huddled has been a favourite, admittedly helped by the fact that it has gone up as hoped. More importantly, the chart is beginning to look like a proper, sustained turnaround. The shares broke the resistance line around **0.43p** and reached the first target at **0.75p**. Above that first objective, the next projection is **1.3p** by the end of November, potentially sooner.*

- ***Immupharma: progress through the 50-day line: **After an extended consolidation, Immupharma has finally made a decent move through its 50-day moving average. I would not yet describe it as a full breakout, but it is progress. While the shares stay above the moving average around **3.68p**, the upside objective is **6p** by the end of October.*

- ***Microlise: a step-by-step recovery from the lows: **Microlise remains another favourite because of its orderly progression from the lows. The shares have broken through the 200-day moving average around **58p to 59p**, improving the recovery structure. The first target around **75p** has been reached during that progression. The question now is whether the shares can build on it, with **54p**, the recent support level, ideally holding on any pullback.*

- ***Panther Metals: the nearer targets matter first: **Panther Metals has made substantial progress from roughly £1, advancing by almost another pound. There has been talk of a much larger £20 target, but the nearer chart objectives are the useful reference points here. The initial target is **£2.15**, followed by a best-case move towards **£2.80** by the end of November, based on the projected January resistance line. Ideally, the shares now stay above **£1.70**. Recent RSI rebounds at or above 50, together with rising 50-day and 200-day moving averages, suggest that Panther is finally getting under way.*

- ***Strategic Minerals: a painful pullback, but support survives: **Strategic Minerals has had a hiccup since the end of September, and the latest pullback was not particularly comfortable. What matters is that the shares have once again bounced above the rising 50-day moving average. That line sits just below **5p**. While it holds, the chart suggests at least a retest of **6.5p** by the end of October. A sharp pullback that still respects rising support can leave a stronger-looking setup than the day-to-day price action initially suggests. The condition, as ever, is that support keeps holding.*

## The common thread: improving price action needs confirmation

There are plenty of constructive charts here, but not all are equally convincing. Ethereum needs to reclaim a lost moving average. The FTSE needs its channel floor to hold. Several small caps are already showing the more encouraging combination of rising moving averages and supportive RSI behaviour.

For anyone unfamiliar with the momentum indicator, [Fidelity’s guide to RSI](https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/RSI) provides useful background. In these setups, the recurring points are rebounds around the neutral 50 level and divergences between price and momentum.

**The practical approach is to judge each target alongside its support condition.** A projected move to the top of a channel is interesting; a clear level that tells us when the argument is weakening is just as valuable.

This commentary is for information purposes only and is not investment advice. Independently research and verify any information you intend to rely on, and seek professional financial advice where appropriate. Vox Markets is not regulated under UK financial services law.

**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 to 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.

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