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.
The daily chart of Seplat Petroleum illustrates some of the issues that investors are facing in the oil & gas space, with the starting gun on the latest phase of recovery here being a narrow bear trap reversal.
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