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Tuesday, May 20, 2014

NOL

NOL - 3rd June 2014 - NOL is still in a consolidation mode from TA point of view. It is still hovering between 96.5 cents to $1.00. Both Stochastic and MACD are showing sign of a positive divergence. This may lend support of driving the share prices to move up higher towards $1.00. Breaking out of $1.00 with high volume that may go higher to test $1.035 then $1.10(trade base on your own decision).

NOL - 20th May 2014 - NOL seems to be in oversold position as reflected from TA point of view. Stochastic is showing sign on turning upwards which is quite positive. Think it will be good to consider to accumulate from 95 cents price level. I think the same pattern may be repeated again from previous low of 94 cents. Short term is more likely to move upwards to test $1.035 . (trade base on your own decision)

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