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Stock Chart: NOL, SembMar!
By Dou  •  December 8, 2011

On Thursday, NOL re-test the critical resistance at $1.185 and closed at $1.135 with HIGH volume of 14.25 million shares traded.

A black candle sticks with long upper shadow indicates that investors choose to take profit instead of trying to break through the resistance at $1.185.

RSI & MACD are bullish as RSI trend upwards.

Important Resistance of NOL: $1.185

Immediate Support of NOL: $0.995

Currently prices are resisted by 100 days MA.

Since 10/Aug, prices have been consolidating between the key support of $0.995 and key resistance of $1.185

Today NOL has re-tested the resistance at $1.185 with high volume but failed and close lower.

The resistance at $1.185 is expected to be very strong.

This is an opportunity to short at the $1.185 resistance if interested.

On Thursday, Sembmar re-test the resistance at $3.90 and closed ...

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By Dou
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