NLG broke bullisch out if its , as I mentioned in my last NLG post. The target of this falling wegde is 600 SAT, which is very good news, but quite unreal for some who have seen a downtrend for the pas 2 years. Now the bulls must show some strength and push NLG there!
It is also holding the 20 Day Moving Average as support, the last time it dit that was 2 months ago, this is also a strong sign that the bear trend has found a bottom.
I would like to see some big green candles pushing us to above the 20 Week MA, to completely confirm the beginning of the bull trend.