meszaros
Long

NOG is a double rising fractal...

AMEX:NOG   NORTHERN OIL & GAS INC (NEV)
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It is also a textbook type. We do not expect any further fall. The exchange rate reached the bottom of its correction level. If you keep the 2x fractal structure, you can start from the present level. The raise can be started with a quick reverse correction, which is indicated by the double bottom structure in the yellow box, but leaving the exchange rate to reach further altitudes. The next target price is around 7 usd levels.
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