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Northern Oil and Gas, Inc. Message Board

  • powerstock71 powerstock71 Apr 11, 2011 4:13 PM Flag

    Longs - start praying!!

    If NOG misses earnings yet "again" we could see the major support at 15 being challenged by early May. That would then lead to a retracement of the upper single digits by late June.

    I know, I know you're saying but Power how could this be? It's called having the ability to draw a simple line on a chart. Any first grader can do it so I'm sure all of you can handle this complex task. Now here's a tricky question. Does anyone know which way the line has been pointed for the past 30 days? Anyone? anyone? Buehler? Well the answer is down. The trend line is still firmly in place and the drop from near 34 to 24 in 30 days wasn't by accident. Do yourself a favor and call 1-800 how do I read a chart? It'll save you your kids college tuition and you're welcome for the advice.

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NOG
2.79-0.10(-3.46%)Feb 11 4:02 PMEST