NOL

NOL -26th July 2014 - NOL had a nice thrust bar on 24th July 2014 and closed well at 96.5 cents couple with high volume this is generally positive. Looking good for it to rise to 99 cents soon.(trade base on your own decision)

NOL -12th July 2014 - NOL form a Hammer on last Friday 11th July 2014 as reflected from TA point of view. The selling volume has almost drying out. At 93.5 cents which is slightly below its NAV of 94 cents present a golden opportunity to accumulate at this good value price. Both MACD & Stochastic is showing oversold indication. RSI is showing sign of turning upwards which is generally quite positive. Wait for the next confirmation signal for it to close above 93.5 cents and generally risen up towards $1.00 then $1.05.(trade base on your own decision)


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)