On Tuesday, Noble re-tests the support at $1.12 and closed at $1.155 with regular volume of 60.63 million shares traded.
A white candle stick with short upper/lower shadow affirms slight profit taking from the investors.
RSI & MACD are flat as RSI trend sideways.
Important Resistance of Noble: $1.235
Immediate Support of Noble: $1.12
Currently prices are resisted by 20 days MA.
Since 10/Nov, prices have been consolidating between the key support of $1.055 and key resistance at $1.235.
For the past 4 sessions, prices have been trying to find the support at $1.12 level.
If interested Noble, it could be a good entry prices to enter at $1.12 support as the selling has clearly eased.
Stock Chart: Noble Grp! is contributed by : Singapore Stock Information Exchange
