On Tuesday, NOL broke the support at $1.19 and closed at $1.185 with HIGH volume of 11.38 million shares traded.

Both RSI & MACD are bearish though RSI in oversold region.

Important Resistance of NOL: $1.19

Immediate Support of NOL: $1.17

Currently prices are well supported by 100 days MA.

Today NOL undergo selling pressure as prices breached the critical support at $1.19. This is a bearish signal.

The supported turned resistance at $1.19 is expected to be strong.

We do not suggest buy due to the bearishness. Wait for signs of rebound would be a better option.

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