NOL Neptune Orient Lines Limited 23 Sep 2015


From what I can see, there is a double bottom formed. But this could be better if 23 Sep candle managed to close even higher. We can also noticed that the 20dma makes a uturn, looking to cross the 50dma. Good sign.

From here on, we might be able to see the counter go passed $0.98 on Friday, with such volume we see on 22 Sep and 23 Sep. Let us see how this will turn out!

Next resistance level: around $1.025

Of course, with such volume, they got queried by SGX.

NOL Queried


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