On Thursday, Noble re-tests the minor support at $1.50 and closed at $1.53 with LOW volume of 47.47 million shares traded.
A white candle stick with short lower shadow affirms that investors are buying on dip to $1.50 support.
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 100 days MA at $1.62.
Since 4/Oct, prices have been trending on a rising trend line forming a higher high and higher low. This affirms to a bullish signal.
However the resistance at $1.62 is expected to be very strong and will not give way that easy.
If interested to long Noble, watch the support at $1.42 as it could be a good entry point.
On Thursday, Genting SP re-tests the resistance at $1.705 and closed at ...
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