Base on the chart, F&N uptrend is still intact however upside is limited due to the following two reasons:
It will be interesting to see whether F&N can hold above the up trend support at about $5.30 to $5.40.
HL Asia is trading within an Ascending Triangle. At the moment, the direction is not very clear because HL Asia may breakdown or breakout to go up. Looking closely at the chart, a mini double top is formed with the neckline (green) somewhere between $3.40 to $3.50. Breaking down from this mini double top will send HL Asia to $2.80. Reversely, if the mini double top resistance is broken (about $3.60), the price target of this breakout is $4.20.
NOL looks like breaking out from a Symmetrical Triangle. If this breakout is successul, the price target is $2.45.
