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11/10/11

Oct 11, TA for NOL


Oct 11, TA for NOL,

Trend - Side
Momentum - Moderate or flat
Candle - Doji (indecisive)
Volume - 0.7x
Pattern - 40D Symmetrical, 28D Descending
Support - 1.14
Resistance - 1.04

Currently,  NOL is at below NAV and trending into SIDE (Stable). It is not starting to trading into a narrow band. It is a sign of some bullish. A good value investing counter for long term.

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