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Zak Mir hails ‘markedly improved’ technicals at Thor mining as he sets 2.5p target

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Analyst Zak Mir says the technicals at Thor Mining PLC (LON:THR) have improved “markedly” so far in 2017 and is tipping the share price to almost double in the coming weeks.“Over the past couple of months, the technicals here have improved quite markedly,” explains Mir in the latest Proactive Investors Bulletin Board.“We broke through the 200-day moving average in the middle of February [and there was] a ‘golden cross’ buy signal earlier this month.“Now we’ve got a rising trend channel based around the 1p level and while we’re above that, the best case scenario target over the next couple of months is 2.5p.”


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