On Tuesday, Noble re-tests the support at $1.325 and closed at $1.35 with regular volume of 81.72 million shares traded.
A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
RSI & MACD began to turn bearish as RSI trend downwards.
Important Resistance of Noble: $1.42
Immediate Support of Noble: $1.325
Currently prices are supported by 100 days MA at $1.325
For the past 4 trading sessions, prices have re-test the support at $1.325 but managed to stay above this level.
It is clear that Noble no ...
...