Will be in the 50s in my view next week. Not that it really matters tho but good to see we are getting closer to fair value. Should really be pushing the high 50s before the next 4C in January and if that is as positive as I believe it will be, $1 will not be far away.
Today we had some very strong buying and volume which led to 0.495 being hit but then it dropped on very low volume. This is a bullish sign I believe and can be seen in the chart below! Look at all the volume on the way up and the little selling that took it down.
NOV Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
