Site icon The Insiders Fund

NLC shows a good setup at 27

Remember the company that supplied all the dispersant from the Gulf oil spill.  Well Nalco, NLC is an interesting company that has been on a bull run.  It pulled back after this quarter’s earnings.  Insiders must think the future is rosy as two of them stepped up with significant buys.  Take a look at the chart.  Insider buying and bullish RSI divergence in price action suggests this stock is about to turn up.

A Promising Setup
Exit mobile version