On Thursday, Noble re-test the support at $1.50 and closed at $1.505 with HIGH volume of 45.73 million shares traded.
The black candle sticks with short upper/lower shadow affirms that investors have no hesitant in selling down the stocks.
RSI & MACD are flat as RSI trend sideways.
Important Resistance of Noble: $1.62
Immediate Support of Noble: $1.50
Currently prices are resisted by the 20 days MA.
Since 8/Aug, prices has been in consolidation mode with the key support at $1.325 and key resistance at $1.62.
However the support at $1.50 is expected to be strong as well.
Watch for the support at $1.50 tomorrow. The support at $1.325 will be likely to be re-tested once $1.50 support breached with high volume.
On Thursday, DBS re-test the support at $12.08 and closed at $12.10 with LOW volume ...
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