On Wednesday, Noble re-tests the minor support at $1.125 and closed at $1.14 with LOW volume of 70.4 million shares traded.
A doji star occurred (where a doji gaps above or below the previous candle). This often signals a reversal with confirmation occurring on the next bar.
RSI & MACD are turning bullish as MACD about to perform a “golden cross”.
Important Resistance of Noble: $1.205
Immediate Support of Noble: $1.125
Currently prices are well below 20/50/100/200 days MA.
There have been 2 TA reversal signal today:
1) Doji Star candle stick occurred.
2) MACD about to perform a “golden cross”
Both signal towards a reversal. For investors who are always interested in Noble, it might be a good chance to buy near $1.125 support.
However do warn that the resistance at $1.205 resistance is expected to be very strong and thus ...
...