Wednesday, September 01, 2010

 

NOL day 6

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?

# posted by chua @ 8:23 PM
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