On Wednesday, Noble re-test the resistance at $1.85 and closed at $1.82 with HIGH volume of 39.91 million shares traded.
A white candle sticks with long upper/lower shadow similar to “Doji” affirms on the weakness in the rally on the 2nd day of breakout
RSI & MACD are turning bullish as RSI began to trend upwards.
Important Resistance of Noble: $1.85
Immediate Support of Noble: $1.73
Currently prices are well below 20/50/100/200 days MA.
For the past 2 trading sessions, Noble has been going up with high buying pressure.
On the second day of breakout (Today), there are signs of weakness in the rally as shown on the candle stick with long upper/lower shadow.
The resistance at $1.85 is expected to be very strong and likely that investors are taking profit there.
Too late to buy now and watch this critical resistance if ...
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