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Buy Leni Gas & Oil at 0.88p with a 1.2p target

By The Closet Chartist | Thursday 10 October 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.

Does anyone understand the fundamentals of Leni Gas & Oil (LGO)? Maybe the odd Nobel prize winner but nit me although today’s RNS seems positive enough. But the charting picture is much simpler - since April the shares have traded in a range of 0.7p to 1.2p.

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