Friday, May 15, 2015

NOL - Testing the 1.095 Band




NOL gap up today. This gap up was short lived because retailers were chasing without any real form of BBs buying. The price shot up earlier to a high of 1.12 to only realized that BBs were selling it down to a low of 1.09. Currently NOL is testing the 1.095 band level where the moment one bad news is released, it may gap down or plunged. NOL is currently in huge distribution mode. Be alert of your long positions if any!

http://stockmarketmindgames.blogspot.sg/2015/05/nol-losses-in-q1-narrow-to-us-11-million.html

Update, 15/5/2015, 10:43am



NOL dropped 5 pips to 1.07!!!!!!!!

Ronald K - Market Psychologist - The Big Speculator