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Today we have a high volume sell down due to the rights issue. If the price goes above todays low, we may see some small recovery. The risk remains very high though. I would suggest you to stay out if you are not the type who can cut loss easily.
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Showing posts with label climactic volume. Show all posts
Showing posts with label climactic volume. Show all posts
Tuesday, March 10, 2009
NOL 10/03/2009
NOL had a perfect triangle formation and a breakout.
Today we have a high volume sell down due to the rights issue. If the price goes above todays low, we may see some small recovery. The risk remains very high though. I would suggest you to stay out if you are not the type who can cut loss easily.
Today we have a high volume sell down due to the rights issue. If the price goes above todays low, we may see some small recovery. The risk remains very high though. I would suggest you to stay out if you are not the type who can cut loss easily.
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