On Thursday, Noble broke the critical support at $1.205 and closed at $1.18 with HIGH volume of 0.437 billion shares traded.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. There have been 8 falling windows in the last 50 candles–this makes the current falling window even more bearish.
A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
RSI & MACD are bearish as MACD perform a “death cross” today.
Important Resistance of Noble: $1.205
Immediate Support of Noble: $1.125
Currently prices are well below 20/50/100/200 days MA.
Today Noble has undergone massive selling pressure (All time high trading volume in the entire …