Tuesday, June 18, 2013

NOL - Breakout!


Yesterday I blogged about my bullishness in NOL.

http://stockmarketmindgames.blogspot.sg/2013/06/nol-stacking-sellers.html

I said:" I am bullish on this counter however the time is not ripe yet to warrant a long."



This morning when market opened, it gap up and there after it went dull. The gap up was a strong signal to indicate that there were buyers queuing last night / pre-market, willing to take a higher price than yesterday's closing which concluded it's bullishness. One could have gone long at any price this morning before the further breakout at 14:12pm which was 50 mins ago and still make money. Focus, Be Mindful and Concentrate!


Ronald K - Market Psychologist - The Big Speculator