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Let's see the outcome.... See whether it is 1.10 or 1.18..... Cross finger and watch the show.... lol
New123 ( Date: 16-Dec-2011 14:31) Posted:
Nol is holding well at the current prices and is about to move up to test 1.18 any moment.
We shall wait to see the outcome... |
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Nol is holding well at the current prices and is about to move up to test 1.18 any moment.
We shall wait to see the outcome...
Expect the 50d MA and 20d MA to merge at 1.1 to provide a strong support.
NOL unlikely to go below 1.13 today
NOL cannot hold for long..... It will crash down soon.... lol
View Full-Sized Image
Weekly Chart On NOL
It is interesting to see what I wrote about NOL 6 months ago: “NOL
has broken below 100-day moving average (MA), in fact the 20-day MA and
40-day MA are crossing down. On NOL weekly chart, the last time when
the 20-day MA cut below 40-day MA was in January 2008. The resistance
for this stock is now at $1.96 and $2.02 .One may consider to sell, as
the stock may continue its downtrend…”
In August 2011, I have written about NOL: “…There are few ways to
trade this stock, one way is to trade countertrend if the stock
rebounds to around $0.95 for a couple of weeks. Another way is to wait
for the stock to rebound to meet the sloping downwards 10 or 20-day MA
to sell into strength…”
My personal view is that the trend for this stock is changing from
downtrend to a sideway trend. If one is trading/investing for the
longer term, one may consider accumulating this stock at support around
$1.00. While some analysts are predicting a worse 4Q11 results and of
the view of a bearish sector, my personal view is that the price has
discounted these factors already. The resistance for this stock is at
$1.20 and $1.45. Assuming that August 2011 was the low and that it will
not go lower, we may see it bottoming up in Febuary/March 2012.
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COLLIN SEOW |
Hope Bernie will say something positive so the market will
"
Chiong Aaaaaaaaarrrhhh!!!" 5%... lol...
More selling coming....
my 88 still long way
More selling.....
good one...haa
wangerism ( Date: 15-Dec-2011 22:21) Posted:
Err... the girl juz farted underwater?? that means NOL goin under soon?? haha
iPunter ( Date: 15-Dec-2011 21:04) Posted:
Can anyone do a 'Technical Analysis' of this scene? ...
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Err... the girl juz farted underwater?? that means NOL goin under soon?? haha
iPunter ( Date: 15-Dec-2011 21:04) Posted:
Can anyone do a 'Technical Analysis' of this scene? ...
Isolator ( Date: 15-Dec-2011 12:04) Posted:
Cannot hold for long..... the longer it drag the more seriuos the LS..... can smell the horrible gas already..... lo |
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Can anyone do a 'Technical Analysis' of this scene? ...
Isolator ( Date: 15-Dec-2011 12:04) Posted:
Cannot hold for long..... the longer it drag the more seriuos the LS..... can smell the horrible gas already..... lol
wangerism ( Date: 15-Dec-2011 12:02) Posted:
this one still holding on quite well... haven lao sai yet...
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already showing negative divergence on some of the indicators. highly likely to drop further from here. i am on the bear camp again for this counter. shorted. lolz
Call the Police. They are Ah Longs... Maybe the Fund employ students/teenagers to do the trading like what Ah Long employ teens to do their Ah Long job (splashing paint and stuffs). LOL...
uncle_lam ( Date: 15-Dec-2011 02:36) Posted:
I agree, but to me that Fund = Syndicate. They are going against the economy and even NOL's bad report.
Now DJ & EUROPE is red. But if tomorrow NOL go up in the morning again, I won't be surprised.
They are slowly distributing the shares to the retailers. And once they are done, they will disappear.
And there will be nobody to "kelong" the shares up. Then.. NOL die to 0.99 cents.
Isolator ( Date: 14-Dec-2011 16:44) Posted:
| My sense tell me that some fund want to rally NOL, but failed..... Now they are trying so hard to maintain their losses..... They have loaded too much, and once the seller start, they will sell like crazy.... lol |
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Yes sir! lol
iPunter ( Date: 15-Dec-2011 12:33) Posted:
Dragging on without much change can be distribution...
And later if other big guys join the fray,
it may break down through the floor...
Isolator ( Date: 15-Dec-2011 12:04) Posted:
Cannot hold for long..... the longer it drag the more seriuos the LS..... can smell the horrible gas already..... lo |
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Dragging on without much change can be distribution...
And later if other big guys join the fray,
it may break down through the floor...
Isolator ( Date: 15-Dec-2011 12:04) Posted:
Cannot hold for long..... the longer it drag the more seriuos the LS..... can smell the horrible gas already..... lol
wangerism ( Date: 15-Dec-2011 12:02) Posted:
this one still holding on quite well... haven lao sai yet...
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Cannot hold for long..... the longer it drag the more seriuos the LS..... can smell the horrible gas already..... lol
wangerism ( Date: 15-Dec-2011 12:02) Posted:
this one still holding on quite well... haven lao sai yet...
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this one still holding on quite well... haven lao sai yet...
The selldown is about to start for NOL..... See you at $1...
They make mistakes..... Now they need to sell..... and maybe short to minimise the losses... lol
