NNCL : Upside potential still here

NNCL has rather solid support at 1.52 to nearer Monday’s closing price at 1.55, and will not break  trend support (1.52) on a daily closing basis we think. The stock could well rebound to 1.60 or so, but what is needed here is a huge surge in volume and a close above 1.65 to really turn the counter bullish, and confirm a swing trade target at 1.8 or so.

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