NOL

u can see that NOL was resisted by 50 dMA ($1.17) in early Jul and now it has broken 20 days ($1.13) and 50 dMA($1.15)....MA has lowered because it was in a downtrend...when MA starts to increase, uptrend is on the cards.

Note that the 20 dMA is starting to curve up!

so long as it stays above 1.15, likely a rally is on the cards...Note that if the uptrend is intact, the MA will move up as well hence the cut loss (20 dMA intersection) will move up and your profits will be protected.


How long will i hold?? as long as the trend is intact, price didn't cut 20 dMA or if it dropped below 1.15, i will cut loss.

Disclaimer: note that i am just sharing my analysis with u....pls make your own decision to buy/sell.....