On Tuesday, Noble re-tests the support at $1.235 and closed at $1.245 with LOW volume of 31.25 million shares traded.

During the past 10 bars, there have been 5 white candles and 5 black candles.  During the past 50 bars, there have been 18 white candles and 30 black candles for a net of 12 black candles.

RSI & MACD are bearish though RSI near to oversold region.

Important Resistance of Noble: $1.325

Immediate Support of Noble: $1.235

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

Since 15/Feb, prices have been trending downwards in a falling channel. This is a bearish signal.

The support at $1.235 is expected to be strong.

We would expect bulls to put up a good fight at $1.235. However if this support is breached with high volume, it will likely to trigger more selling pressure. Suggest to ...