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Stock Chart: Noble Grp!
By Dou  •  July 1, 2012

On Friday, Noble re-tests the resistance at $1.13 and closed at $1.115 with HIGH volume of 66.99 million shares traded.

During the past 10 bars, there have been 3 white candles and 4 black candles for a net of 1 black candles.  During the past 50 bars, there have been 23 white candles and 24 black candles for a net of 1 black candles.

RSI & MACD are flat as RSI trend sideways.

Important Resistance of Noble: $1.13

Immediate Support of Noble: $1.05

Currently prices are resisted by 20 days MA at $1.13

Since 11/May, prices have been consolidating between the key support at $1.05 and key resistance at $1.175.

The support at $1.05 is expected to be strong.

Do monitor if prices will pull back to $1.05 as it is a good entry. Do not buy near the ...

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By Dou
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