
Let see tmr is loss or profit for me..... All set..... relax....
On Thursday, NOL re-test the resistance at $1.05 and closed at $1.03 with regular volume of 11.6 million shares traded.
During the past 10 bars, there have been 3 white candles and 5 black candles for a net of 2 black candles.  During the past 50 bars, there have been 18 white candles and 26 black candles for a net of 8 black candles.
RSI & MACD are bearish though RSI in oversold region.
Important Resistance of NOL: $1.05
Immediate Support of NOL: $0.995
Currently prices are well below 20/50/100/200 days MA.
Since 11/April, NOL has been ............      READ MORE
 
Hi Isolator, Gensp you long, NOL you long, Cosco you long ... you must be BB
Isolator ( Date: 24-May-2012 15:50) Posted:
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steady lah!
 
Isolator ( Date: 24-May-2012 15:50) Posted:
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Good play... these days, take when there's profit... 

susan66 ( Date: 23-May-2012 13:42) Posted: |
Let longies or shorties win..... All in to long NOL..... lol
1 day up 1 day down, advised my friend to enter $1.03, lucky taken profit yesterday at $1.08.  Timing is so important nowadays.

top management meeting agenda: die die cannot turn penny! 
 
New123 ( Date: 21-May-2012 16:20) Posted:
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is reversing liao. going up..
NOL Europe-Asia freight amount to about 15% only
Majority freight came from Asia-America (Transpacific) and Inter-Asia freight
The European problem will lower oil price and we will expect Asia-America and Inter-Asia freight increase further.
This will help NOL.
For NOL to start making money - Oil price maintain below US$100 per barrel and ability of Shipping consortium to increase Container freight charges (which had increased but need to increase further)
valmont ( Date: 19-May-2012 20:55) Posted:
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how come price action in this sector moving so similar then? oh m i seeing the wrong charts?
will world trade pick up when econ's in a mess?
 
Under current crisis in Europe and slowing down in China, I am more concerned on NOL's   negative operating cash flow and high debt.
Why  are you so sure Baltic Index will be " so weak" for the next 2 Quarters?
BDI is at its lowest and had risen since Jan12 to date for about 20% and is improving ever since.
Anyway BDI affect Cosco more.
NOL is a container freight liner & container freight had improved much since last Quarter although need to improve further.
valmont ( Date: 19-May-2012 10:39) Posted:
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with baltic index so weak next 2 quarters, see how NOL can hold.. lolx
That is good play...

    But there may be still more meat to go... 
susan66 ( Date: 19-May-2012 02:00) Posted: |
i think 1dollar wont hold =/
Short $1.055 again & covered back $1.02.  $1.00 is the previous support, really miracle,  touch & rebound.  Uptrend all the way from there the last round. See if it happens again. 

Hawkeye ( Date: 18-May-2012 15:03) Posted:
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There is a magic number on this counter.
 
stevenk ( Date: 18-May-2012 19:29) Posted:
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