NOL

NOL: UOB Kay Hian has Technical Buy Call with $1.56 TP and 9.1% potential return. The stock could be attempting to break out of its consolidation and prices are above its 20-day EMA. A golden cross has also formed in the last couple of trading sessions. Do keep an eye if the Stochastics hooked up would be accompanied by a bullish crossover at its MACD indicator. Exit this long position should the stock fall below $1.34.