This blog website is dedicated to individuals who want to make money in the stock market with the methodology of technical analysis and the mentality towards the stock market. Disclaimer: trade at your own risk. All information, graphs and depictions represented in this website are opinions only.
This is daily chart of Yanlord. On 31th August Tuesday, 44 days later after 30th June bottom, yanlord hit a low of 1.74 and started to go up. It is about 81 days from 7th May bottom when a higher low made on 31th August...
This is daily chart of Noble. As expected in the previous post, noble has been trading between 1.68 and 1.54. On 27th August, 11 days later from 13th August bottom, noble has done its backtest and continue to challenge next resistance...
This is daily chart of NOL. As expected on the previous post, NOL is having a difficult times with 1.92 support. On 25th August, NOL hit a low of 1.89, about 65 days later from the May bottom. NOL needs to clear several resistance before any significant rally can start. Which way will NOL move in September?