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Northern Oil and Gas, Inc. Message Board

  • stan91724 stan91724 Sep 26, 2013 4:11 PM Flag

    The chart says it all...Double bottom at 12 and...

    20/50 ema cross and now above the 200ema...This is very constructive...The volume over 2 times normal on the break above the 200...We had firm support at 12 and I'm hoping now that support will be the 200 ema going forward or approximately 14.30...It would be typical on the chart to test the 200 ema and bounce off it a few times before moving higher...Of course a news event could turn and burn the shorts at any moment...GLTA

 
NOG
4.59Jun 28 4:02 PMEDT