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Stock Chart: NOL!
By Dou  •  September 12, 2013

NOL

 

On Thursday, NOL re-test the resistance at $1.165 and closed at $1.16 with HIGH volume of 9.84 million shares traded.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of NOL: $1.165

Immediate Support of NOL: $1.13

Currently prices are well above the 20/50/100/200 days MA.

For the past 3 trading sessions, prices have been trending upwards with high buying pressure. This is a bullish signal.

The resistance at $1.165 is expected to be strong.

We do not suggest to buy now as RSI is in overbought region. In fact, do prepare to take profit if vested as pullback is expected any time soon.

Stock Chart: NOL! is contributed by : Singapore Stock Information Exchange

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By Dou
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