By The Closet Chartist | Tuesday 15 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.
Shares in Afren (AFR) have, for much of the past year and a half, remained within a rather spiky 120p to 160p trading range. This has been characterised by turn on a dime rebounds and failures such as those seen to the downside last month and to the upside to start October. But now?
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