Last Saturday I was blogging about the merger deal in NOL and in that post, I predicted that NOL may have a flush first before rebounding. Click on the link and look at the 5 min chart I drew. My arrow was pointing towards the $1.00 buying area. Today the stock gap down with a low of $1.00 during open and could this gap down signal a flush for a rebound to come? Stay tune!
http://stockmarketmindgames.blogspot.sg/2015/11/nol-may-concrete-deal-come-soon.html
Ronald K - Market Psychologist - A Stock Market Opportunist