Sunday, April 29, 2007

NNPP

On Friday, NNPP made a closed up for a gain of 10.50%.

I'm watching NNPP for a short term play. It bounced nicely off its support and made a bullish move above its median bollinger.

A move through its resistance of $2.80 would certainly be nice, but what about the ride to get there? There's about 15% between its current price $2.42 and resistance price $2.80. Back on 4/8/07, NNPP made a similar move from support up to resistance in about 5 days.

Definitely worth a look.

2 comments:

SkyDog2 said...

Take a look at these ones.

GSOL, MFW, MTW.

SkyDog2

Multiple Streams Trader said...

NNPP, along with GSOL, MFW, MTW took a dip today. I'd still keep watch.