Potential Rebound on Breakout: NOL - consolidating in wait of movement, price 0.95.

CALL issued this morning at 9.30am on NOL. Now at 0.985 !!! Contact us to receive live Trading calls instead delayed postings.

Sent: Wednesday, March 25, 2015 9:30 AM
Subject: ****************** Potential Rebound on Breakout: NOL - consolidating in wait of movement, price 0.95.

After breaking below 1.00 early this month, NOL as headed lower and over the past 2 weeks found a consolidation range from 0.935 to 0.965. Support at 0.935 was also holding for last year and as long as it stays above there can be a good opportunity for a rebound. Immediate resistance at 0.965 also coincides with the 20 day MA line so any clearing above can be a short term positive signal back to 1.00 then 1.05. MACD indicator in the process of a bullish crossover after slight sell down seen.  Stop loss at 0.925 for any long positions. Can consider averaging up to ride upside if 0.965 – 0.97 clears out.