Sent: Friday, January 02, 2015 12:38 PM
Subject: ******************Rebound potential: NOL - Breakout above 0.86 resistance can a positive, price 0.845
Subject: ******************Rebound potential: NOL - Breakout above 0.86 resistance can a positive, price 0.845
NOL is back to testing the 0.85 resistance level again after last month attempt and hitting a high of 0.865. More upside to 0.90 then 0.94 if it can cross and stay above the 0.85 – 0.86 immediate resistance level. A Bullish reversal Head and Shoulder pattern seen currently with neckline resistance at the 0.85 – 0.86 level too.. Watch list to see if it breakouts. Both stochastic and RSI looking positive with today price action.
Sent: Friday, November 28, 2014 10:04 AM
Subject: *******************Rebound potential: NOL - Breakout above 0.800 psychological resistance, price 0.82
Subject: *******************Rebound potential: NOL - Breakout above 0.800 psychological resistance, price 0.82
Has cleared temp resistance at 0.82 today, seems like heading towards the 0.85 resistance level as mentioned previously. More upside possible on a breakout above the 0.85 level too which can pave the way to 0.90 fast. Technical indicators looks set for a reversal upwards. Note that at current levels, it has broken upwards above the 20 day MA LINE for the first time since the sell down began in September. However, do note that general long term trend is still down with 200 day sloping downwards still.
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