Home > NOL > NOL still on uptrend mode

NOL still on uptrend mode

NOL had a selldown on friday of 8 cents. I will close half of my position on breaking the trendline on Friday. And since it is still trending upward on the longer term, it would be good to enter on a reversal candle at the longer trendline.

It still has a lot of upside with major resistance at 2.3, 2.9 and 4. It is one of the few laggard counter in STI.

2010Aug-NOL-800x600

NOL buying on dip

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