By Zak Mir | Tuesday 30 April 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
West African Minerals is a good example in terms of the recent charting history of how a stock’s technical fortunes can flip around entirely and once they do this U turn in the price action forces fans of a company to make awkward decisions: in this case how to deal with the prospect of a return to early 2012 levels under 20p.
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