By The Closet Chartist | Friday 3 January 2014
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.
As far as the price action of Fastnet Oil & Gas (FAST) has been concerned over the past couple of years that the direction has been split along annual lines. By this it is meant that while 2012 was a year which witnessed a massive spike to the upside from around 12p-30p plus peak to trough, last year it was basically downhill all the way from 25p plus to around half that level by the end of 2013. What now?
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