Shares & Derivatives
Stock Chart: Noble Grp!
By Dou  •  April 4, 2012

On Wednesday, Noble trend downwards and closed at $1.355 with LOW volume of 22.33 million shares traded.

Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

RSI & MACD are flat as RSI trend sideways.

Important Resistance of Noble: $1.43

Immediate Support of Noble: $1.325

Currently prices are resisted by 200 days MA at $1.43.

Since 23/Feb, prices have been trending between the key support at $1.325 and key resistance at $1.43.

The resistance at $1.43 (200 days MA) is expected to be very strong.

Watch if the price will pullback to $1.325 support and avoid buying near the resistance at $1.43. Noble Grp currently in consolidation mode which can breakout in either direction.

Stock Chart: Noble Grp! is contributed ...

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By Dou
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