Tuesday, January 17, 2012

NOL

NOL: Technical Buy Call from Trading Central. Upside prevails as long as $1.18 is support.
Alternative scenario: below $1.18, expect $1.1 and $1.05.
The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at $1.17 and $1.12).

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