Looking at the chart, it is obvious that that strength is building up. But other factors makes this a risky counter to accumulate. Reasons as below: (1) the counter is strongly below the 50MA and need huge buy power to push up, (2) today closing price 1.93 hits right into resistance that extended back to Sept 2009, (3) the rest of the maritime counter like Cosco, Yangzijiang, FSL, Courage Marine, Mermaid etc are relative flat (related stock are not buying into this story), (4) todayonline say NOL price recovery is due to falling crude oil price (oil is correcting due to fear that margin for commodities will be rise further) which is most likely temporary.
If you are already long, nibble and go...
The conservative way is to sell on strength.
Happy profiting!!!
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