On Tuesday, Noble re-tests the resistance at $2.17 and closed at $2.17 with regular volume of 21.92 million shares traded.

An engulfing bullish line occurred (where a white candle’s real body completely contains the previous black candle’s real body).  The engulfing bullish pattern is bullish during a downtrend.  It then signifies that the momentum may be shifting from the bears to the bulls.

RSI & MACD are turning flat as RSI trend sideway.

Important Resistance of Noble: $2.17

Immediate Support of Noble: $2.11

Currently prices are resisted by 20 days MA at $2.17

Today prices tried to breakout of the resistance at $2.17 but the buying pressure is contained.

For the past 2 session, noble are having issues in breaking this major resistance at $2.17.

Avoid buying at resistance and wait for the resistance to break before entry

We would ...