Thursday, October 8, 2015

NOL: Breakout above 1.00 indeed seen !!

Let’s see if it can supported above 1.00 now for a clear move up….

Sent: Wednesday, October 07, 2015 9:37 AM
Subject: ********* NOL: Heading back to test the 1.00 psychological resistance.... More upside on a clear move upwards.. price 0.985
NOL has been supported above the 0.94 level for the past 1 week and today we are seeing a move above the temp 0.97 resistance level. This can see more strength as it heads upwards towards the 1.00 – 1.01 resistance level which was tested 2 weeks ago. 20 day MA line on verge of crossing above the 100 day MA Line and a double bottom spotted. More upside likely if the 1.01 – 1.01 clears out again.

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