Not shown on the chart as there wasn't space, NOL has covered the mini gap formed between $1.51 to $1.52 from 15th Jul 09 to 17th July 09.
Well supported at the moment.... Hope I can still get it on Monday.
Tgt entry: 1.52
Cut loss: 1.45
Tgt exit: at least 1.57 to 1.6... or more... will have a trailing stop....
Edited: A descending triangle formed sinced 4th Nov... It's valid as it was a downtrend before 4th Nov.
Bearish instead... of bullish.... Any possible rebound could just be technical...
Shall see...
looks good. all the best. :D
ReplyDeleteHi Dream,
ReplyDeleteon 2nd thoughts... doesn't look as good