meszaros
Long

The NOG may turn north (tomorrow)...

AMEX:NOG   NORTHERN OIL & GAS INC (NEV)
The wave sequence in which the NOG stock is moving is a common occurrence. Just look at the EURUSD movement linked in the link below. Double peak then double bottom . All this around the two moving average axes. Therefore, I assume that we will see a rise tomorrow from this formation. For this rise, I am looking at a target price of 2.71usd.

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The technical picture of the course is similar to EURUSD.
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Tomorrow, (today) was Thanksgiving so no markets.
Was a bit upset when my order didn't fill at first! :-)
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meszaros kryptochristo
@kryptochristo, Yes. It turned north at a very low volume. Tomorrow (Friday) I expect the trade volume to increase.
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