Shares & Derivatives
Stock Chart: Noble Grp, KepCorp!
By Dou  •  June 21, 2011

On Tuesday, Noble re-test the resistance at $1.95 and closed at $1.94 with HIGH volume of 22.35 million shares traded.

A white candle stick with little upper shadow indicate that investors have no hesitant in buying up the stocks.

RSI & MACD are bullish as RSI perform an uptick today.

Important Resistance of Noble: $1.95

Immediate Support of Noble: $1.85

Currently prices are well below 20/50/100/200 days MA.

Today Noble re-test the resistance at $1.95 with slightly higher buying pressure than normal trading days. However it does not create enough strength to broke through the $1.95 resistance and closed right below this resistance.

The $1.95 resistance is expected to be strong.

Since Noble has corrected recently thus we would suggest to monitor this stock for the week.

Buy on breakout of $1.95 resistance if possible.

On Tuesday, Kepcorp broke the resistance ...

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By Dou
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