On Thursday, NOL re-test the support at $1.045 and closed at $1.055 with LOW volume of 1.636 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 20/50 days MA.

Prices have been trend sideways between the key support at $1.045 and key resistance at $1.09 for the past 3 months. The breakout of the either side will likely to be very strong.

The support at $1.045 is expected to be strong.

We suggest buy at $1.045 support as prices approaches since it is strong and unlikely to be breached easily. Cut loss once this support breached with high volume.

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