NOL: Testing 20D Resistance for 4th Times!
NOL is testing the 20D MA Resistance for the 4th times. If NOL cannot break this resistance, NOL will continue the down trend. Next immediate support is $1.864 which is the 61.8% Fibonacci Support.
NOL is testing the 20D MA Resistance for the 4th times. If NOL cannot break this resistance, NOL will continue the down trend. Next immediate support is $1.864 which is the 61.8% Fibonacci Support.
Cosco has formed a “Lower High, Lower Low” bearish chart pattern and confirmed the down trend. COSCO has recently broken 200D MA support and 61.8% Fibonacci Support with immediate resistance at about $1.88. If COSCO continues to stay below $1.88, next support is at about $1.72.
See last analysis on COSCO HERE.
Yangzijiang just broken the long term up trend support and 200D MA support. This support level is also very close to the 78.6% Fibonacci Retracement Level. If Yangzijiang cannot stay above from the 200D MA support, a trend reversal to down trend is confirmed. Great opportunity to short if Yangzijiang share price drops below $1.68.

See last Yangzijiang analysis HERE – Bull is Missing!