On Friday, Noble broke the minor support at $1.125 and closed at $1.12 with regular volume of 86.51 million 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.

RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Noble: $1.125

Immediate Support of Noble: $1.045

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

On 10/Nov, Noble gap down and fall close to 26% due to poor earning results.

In the past week, there is little buying pressure despite huge discount.

In fact, prices are trending downwards and broke the minor support with relatively high volume.

Do not suggest catching a falling ...