NOL: Breaking down below 0.93 - 0.94 support not a good sign, price 0.915

A breakdown seen below 0.900 support indeed after call issued at 9.27am, NOW AT 0.87 ! more downside ??

Sent: Tuesday, June 09, 2015 9:27 AM
Subject: *********** NOL: Breaking down below 0.93 - 0.94 support not a good sign, price 0.915

Nol has broken the support at 0.93 – 0.94 today on above average volume which was holding since January. A Bearish Head and Shoulder pattern seen which can signal a downtrend in formation if it were to stay below 0.94 now. Range would be at 0.90 to 0.94 as it attempts a further breakdown below 0.900 psychological support level.  CFD SELL can be used to rider the downside further is the 0.900 does not hold. Target would be to 0.86 then 0.80 with the 20 day MA line sloping downward aggressively and on the verge of crossing below the 100 day MA line on today’s price action. Strong sell down volume spotted on breakdown below 0.93 support just now. Cautious long positions.