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Leni Gas & Oil at 0.78p: Best Scenario Continues the 0.6p – 1.2p Range

By The Closet Chartist | Friday 15 November 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.


A charting predecessor of mine on Shareprophets.com managed to correctly call the massive spike in shares of Leni Gas & Oil (LGO) last October and November on ADVFN.com, having identified a bull flag formation above the 50 day moving average then at 0.6p.  In the end the shares peaked at over 1.8p in November.



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