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.
While there may be worse charting situations than Gold Oil in the resources minnows area, even after the one year unwinding of the early 2012 spike, this stock would appear to be on the back foot.
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