Friday, November 5, 2010

NOA looks interesting

NOA appears to me to be forming a bottom.  It just broke through the 200 EMA and a bull flag yesterday and is approaching a resistance area at the downward trendline.  A break of that trendline puts the old highs in play.

I will be a buyer on that breakthrough.

Posted by Unknown at 5:27 AM
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2 comments:

  1. UnknownNovember 9, 2010 at 8:15 AM

    Bob, did you pull the trigger on NOA when it broke through 9.55 yesterday? would you care to share your stop if you have one?
    thanks,
    RG

    ReplyDelete
  2. UnknownNovember 9, 2010 at 8:16 AM

    I did, stop is $8.75.

    ReplyDelete

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