Can it break above 1.00 now? Were you informed along the way……?
Sent: Wednesday, January 14, 2015 9:11 AM
Subject: *************** Further breakout potential: NOL - Consolidation after recent breakout, price 0.94
Subject: *************** Further breakout potential: NOL - Consolidation after recent breakout, price 0.94
From yesterday’s call, NOL has indeed broken above the 0.93 temp resistance level and traded to a high of 0.95. Range would now be higher from 0.92 to 0.95 with 0.92 support coinciding with the 200 DAY LONG term trend line. Seems like a BULLISH REVERSAL rounding bottom pattern in play with resistance broken above AT 0.935 yesterday. A BREAK ABOVE 0.95 can pave the way to 0.98- 1.00 level. Still can consider long positions to ride the upside if 0.95 – 0.955 sellers clears out, and raising stop loss to 0.935 on a breakout to protect profits. J
Sent: Tuesday, January 13, 2015 11:26 AM
Subject: ***************** Further breakout potential: NOL - Consolidation after recent breakout, price 0.915
Subject: ***************** Further breakout potential: NOL - Consolidation after recent breakout, price 0.915
From previous buy calls, NOL range would be 0.90 to 0.93 as of now. Seems to be still holding above the 0.900 support well on market weakness. A break out above 0.93 – 0.935 resistance would be a positive sign for more strength. This was originally the support from Feb to Aug last year. A bullish rounding bottom reversal pattern seen with resistance at 0.935 too which also coincide with the 200 day LONG TERM MA. Any clearing of 0.93 to 0.94 sellers would be a strong signal. Stop loss can be at 0.885 for long positions
Sent: Friday, January 09, 2015 10:49 AM
Subject: ******************Further breakout SEEN: NOL - Breakout above 0.90 PSYCHOLOGICAL resistance a FURTHER positive, price 0.915
Subject: ******************Further breakout SEEN: NOL - Breakout above 0.90 PSYCHOLOGICAL resistance a FURTHER positive, price 0.915
From call last Friday, NOL has not only stage a breakout above the 0.86 resistance level, but today we have also seen it clear the 0.900 psychlogical resistance level on TOP 30 VOLUME. There can still be more upside as long as 0.900 holds as the new support now. Raise stop loss to 0.89 to protect your profits. J You can also see that there is a rounding BOTTOM BULLish spotted which can lead to a reversal. All indicators still looking positive for more room with 20 day ma line also accelerating upwards on this price action. Target can be to 0.94 then 1.00 in the short term.
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