Thoughts for Tuesday the 10th, page-111

The 10 Day Chart for NOR looks like a bounce off from 4.5c. Only problem was it was too close to end of day to run imo. The last 5 mins shows a couple mil buys @ 4.8c before close. We had to expect at least one day of retrace. I believe 4.5c was the start of the next leg up; it needed a breather.

Note: If you check the yearly, you can see that it tends to rapidly rise, pull back, and rise again. A *huge* amount of stock was bought at 5.6c, so unlikely to sell out at a loss. It did close below VWAP of 5.17, which is no surprise considering it ran out of time to run. Should see a multi day run over Wed/Thursday this week.