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NOL
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nickyng
Supreme |
07-Jun-2006 20:24
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ayo...short also not advisable...contra also cannot...medium to long term ok??? |
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gho485
Senior |
07-Jun-2006 16:59
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Good luck in your shorting...remember to hold on to a float.. |
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nickyng
Supreme |
07-Jun-2006 15:52
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wow...this is interesting..even though u know ship is sinking u dun wan to short to make $$$ ??? hmmm.. |
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gho485
Senior |
07-Jun-2006 15:32
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Is not worth shorting this counter..the ship is going down.... |
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nickyng
Supreme |
07-Jun-2006 15:22
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that's true...on the contratary...how abt doing a short of this counter??? i mean either way if downtrend is quite certain...worthwhile to short it rite? :) |
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singaporegal
Supreme |
07-Jun-2006 15:15
Yells: "Female TA nut" |
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the general advise here is to stay out for now. Do not be seduced by the cheap price. Its better to wait out the bloodletting and go in later when things are rosy again. Why the impatience to get slaughtered?? |
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nickyng
Supreme |
07-Jun-2006 14:56
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hee...its getting cheaper now...1.62..well..there got to be a turn ard for this counter right? any guru any advice beside "staying sideline" ?? :) |
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trading_coach
Member |
07-Jun-2006 14:35
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NOL is in a confirmed downtrend which ever way you look at it (check out the weekly charts, not daily!) and the best piece of advice I was given by a truly great trader and master of technical analysis was "never own a stock that is in a confirmed downtrend.." Period. When does it become worth buying again? When the market says so, as shown by the change in trend of the stock (on a weekly chart basis) as well as many other indicators. To 2nd guess when it will turnaround or at what price it becomes "cheap" is indeed playing a risky game, unless you are an absolute master of market cycles applied to time and price. Resistance and support levels will show you something being slightly more probable, but anyone who second guesses this and trades without confirmation of a new direction is indeed very, very brave... |
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nickyng
Supreme |
07-Jun-2006 14:20
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ohh...any reason y wait till 6 sept ??? :) |
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teeth53
Supreme |
07-Jun-2006 13:31
Yells: "don't learn through life, learn to grow with life " |
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drop, sure will go down with the rest of d transportation stock, wait till Sept 06. |
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nickyng
Supreme |
07-Jun-2006 11:44
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hmm...realistically based on what should it drop further below currently support level of 1.66 ??? any chg in business operation env ?? management chg?? |
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Sporeguy
Elite |
06-Jun-2006 23:47
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Yes, NOL will continue to drop in price as its 200 MA is on the downtrend. |
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singaporegal
Supreme |
06-Jun-2006 21:37
Yells: "Female TA nut" |
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IC... from the TA charts, I can't really see a BUY situation yet. The RSI and A/D chart point to a strong and sustained downtrend over the next couple of weeks, I think. We'll see what happens when it reaches 1.20 or 1.30 as you say... |
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Bistrio
Member |
06-Jun-2006 21:33
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BUY |
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singaporegal
Supreme |
06-Jun-2006 21:30
Yells: "Female TA nut" |
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What does ..... mean??? LOL... |
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Bistrio
Member |
06-Jun-2006 21:12
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When price reach between $1.20 to $1.30 can start to................ or maybe even below $1.00 |
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