Neptune Orient L Rg   

NOL

Hi Matthew8,

Not sure about you but I always trade in the afternoon after 3pm. I believe that the prices in the morning do not truly reflect the market sentiment. This is because the big players usually come in the afternoon... once that happens, everything can change pretty quickly.

 

Did anyone see the price action of NOL during the last 10 minutes.  I mean, how it jumps up and up.  If you have kept and eye on this counter yesterday afternoon and went in.  This morning, you would have made some coffee money liao.  I have made few hundred bucks by doing contra and I am happy with it.

 

Keep an eye on NOL this afternoon.  It is likely to "chiong".  At the moment, it is up 4 cents.  In my view, it is likely to move up further this afternoon.  So, do keep track and hopefully, make $$$!

 

From a TA perspective, I think its downtrending. Good for shorting I guess.

 

PE less than 3.. seems utterly undervalued for any company much less NOL.. not sure where oil is heading though.. perhaps a long hold stock

 

How is this counter ? Peak at $4, now super low liao. Can buy ?