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Bear Trap Rebounds For Leni Gas & Oil And Mediterranean Oil & Gas

By Zak Mir | Sunday 19 May 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.

Although of course to say so can risk cursing a very promising set up, at least based on the recent past it can be said that Leni Gas & Oil is sporting one of the most promising of charting constructions among the minnows. While not in quite the same league, it can also be said that Mediterranean Oil & Gas is also in play as a bear trap recovery situation.

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