On Friday, Noble broke the major resistance at $2.02 and closed at $2.07 with regular volume of 27.24 million shares traded.
A long white candle stick with short lower shadow affirms that investors have no hesitant in buying the stocks up.
RSI & MACD are turning bullish as RSI perform a sharp tick upwards.
Important Resistance of Noble: $2.11
Immediate Support of Noble: $2.02
Currently prices are resisted by 100 days MA at $2.11.
Despite having a long candle stick on Friday, the buying volume is not impressive.
In addition, prices remains under the steep falling trend line.
Therefore we would suggest watching for consolidation at $2.02 support before entry due to recent poor market sentiment.
On Friday, Genting HK re-tests the resistance at $0.375 and closed at $0.37 with LOW volume of 15.22 million shares traded.
A white candle ...
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