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Re: tadhg post# 1453

Friday, 07/13/2007 2:06:47 PM

Friday, July 13, 2007 2:06:47 PM

Post# of 11472
TA on NNRF.After the big move up this stock went into a consoliation pattern between a low of 4.52 and a high of 6.94.The stock on it's last run only got to 6.25 indicating that it was showing weakness in that it did not move up to the seven dollar range.
When the stock broke 4.52 on the downside (with volume) the stock confirmed it's bearish flavor.

The measure on the pattern is around a $2.50 move downward from the 4.52 point.

Actually there is not much support until under one dollar.

Good Luck

John