Seems like buyers are coming out on minors dips, let’s see J now at 0.98
Sent: Monday, July 20, 2015 9:21 AM
Subject: ******** NOL: Breakout spotted above temp resistance at 0.94, more upside above. price 0.945
Subject: ******** NOL: Breakout spotted above temp resistance at 0.94, more upside above. price 0.945
Following up from previous call, we have seen NOL hit a high of 0.94 before dipping back to its 0.900 support. Today we have seen some actions again on top 5 volume as it attempts a breakout above the 0.94 – 0.95 resistance level. We can expect more upside towards 1.00 if it can stay above this new support level now at 0.94 with stop loss raised to 0.93 for now. 20 day MA line still pointing upwards with buyers entry seen on any minor dips which can signal strength. Breaking upwards further above 1.00 can pave the way to 1.08.
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