NOL Neptune Orient Lines Limited 23 Sep 2015

NOL

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

Advertisements

Come, leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s