Friday, February 28, 2014

NOL - Downtrending

Despite Market trending up for the past 3 week, NOL is still trending down and now is at the 52 week low. Fact is, NOL is weaker than the Market. Our system already show bearish trend since 14 Jan. According to our strategy, we will short on pull back.

What we doing is following the trend, all the way till it ends. There is no sign on turning yet.