On Thursday, NOL re-test the support at $1.045 and closed at $1.05 with LOW volume of 1.036 million shares traded.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of NOL: $1.09

Immediate Support of NOL: $1.045

Currently prices are resisted by 20 days MA.

Since 27/Jun, prices have been consolidation on the critical support level at $1.045 and the selling pressure seems to be eased.

The support at $1.045 is expected to be strong.

We could consider buying at $1.045 support since it is strong and unlikely to be breached easily. Cut loss once this support breached with high volume.

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