NORTHERN OIL AND GAS - 60d expiry - We look to Sell at 39.40 (stop at 41.60) Posted a Double Top formation. The overnight rally was sold into and follow through bearish momentum resulted in prices posting net daily losses. Trades at the lowest level in 10 weeks. In line with the possible early stages of a head & shoulders pattern and the strong rejection of...
NORTHERN OIL AND GAS - 30d expiry - We look to Sell a break of 29.48 (stop at 31.02) Short term bias has turned negative. There is no clear indication that the downward move is coming to an end. The bias is to break to the downside. A break of the recent low at 29.57 should result in a further move lower. A sequence of daily lower lows and highs has been...
NORTHERN OIL AND GAS - 30d expiry - We look to Buy at 26.36 (stop at 24.95) Daily signals are bullish. The trend of higher lows is located at 26.00. Bespoke support is located at 26.50. We look for a temporary move lower. We look to buy dips. This stock has seen good sales growth. Our profit targets will be 29.88 and 30.88 Resistance: 32.00 / 33.00 /...
Northern Oil & Gas (NOG)broke out of a solid volatility contraction pattern on Nov 10th. A perfect buy point was established at the threshold of 36.3. Volume surged when shares broke out in September and have held above their 50-day line, despite high volatility since that time. The stock is on its way into new all time highs and still in a buy zone. NOG is the...
NORTHERN OIL AND GAS Intraday - We look to Sell a break of 32.29 (stop at 34.86) Our outlook is bearish. Price action has posted a Doji candle and confirms a possible stall in the recent move. Price continues to trade within the triangle formation. A break of 32.50 is needed to confirm follow through negative momentum. Our profit targets will be 25.40 and...
investing into this company and their stocks---hoping to pump it and get more money in return for my investment- I can wait 5 years to see results--before making another decision
If you like Cup & Handle set-ups This is for you..... Oil & Gas company with property in North Dakota - Strong Fundamentals
*NOG is getting closer to a New 52 Week High *Last few days had more than 50% average 50 day volume *200 DMA Holding Dips *Taking full advantage of price appreciation in Crude Oil