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ayo...short also not advisable...contra also cannot...medium to long term ok???
Good luck in your shorting...remember to hold on to a float..
wow...this is interesting..even though u know ship is sinking u dun wan to short to make $$$ ??? hmmm..
Is not worth shorting this counter..the ship is going down....
that's true...on the contratary...how abt doing a short of this counter??? i mean either way if downtrend is quite certain...worthwhile to short it rite? :)
the general advise here is to stay out for now. Do not be seduced by the cheap price. Its better to wait out the bloodletting and go in later when things are rosy again.
Why the impatience to get slaughtered??
Why the impatience to get slaughtered??
hee...its getting cheaper now...1.62..well..there got to be a turn ard for this counter right? any guru any advice beside "staying sideline" ?? :)
NOL is in a confirmed downtrend which ever way you look at it (check out the weekly charts, not daily!) and the best piece of advice I was given by a truly great trader and master of technical analysis was "never own a stock that is in a confirmed downtrend.." Period.
When does it become worth buying again? When the market says so, as shown by the change in trend of the stock (on a weekly chart basis) as well as many other indicators.
To 2nd guess when it will turnaround or at what price it becomes "cheap" is indeed playing a risky game, unless you are an absolute master of market cycles applied to time and price. Resistance and support levels will show you something being slightly more probable, but anyone who second guesses this and trades without confirmation of a new direction is indeed very, very brave...
ohh...any reason y wait till 6 sept ??? :)
drop, sure will go down with the rest of d transportation stock, wait till Sept 06.
hmm...realistically based on what should it drop further below currently support level of 1.66 ??? any chg in business operation env ?? management chg??
Yes, NOL will continue to drop in price as its 200 MA is on the downtrend.
IC...
from the TA charts, I can't really see a BUY situation yet. The RSI and A/D chart point to a strong and sustained downtrend over the next couple of weeks, I think.
We'll see what happens when it reaches 1.20 or 1.30 as you say...
from the TA charts, I can't really see a BUY situation yet. The RSI and A/D chart point to a strong and sustained downtrend over the next couple of weeks, I think.
We'll see what happens when it reaches 1.20 or 1.30 as you say...
BUY
What does ..... mean??? LOL...
When price reach between $1.20 to $1.30 can start to................ or maybe even below $1.00