Noble

 

On Thursday, Noble re-tests the support at $1.115 and closed at $1.125 with HIGH volume of 39.23 million shares traded.

RSI & MACD are bearish though RSI in oversold region.

Important Resistance of Noble: $1.15

Immediate Support of Noble: $1.115

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

Today, prices re-test the critical support at $1.115 with high selling pressure but managed to stay above this level.

The resistance at $1.115 is expected to be strong.

We would not suggest buying tomorrow and rather wait for the prices to stabilize at support of $1.115 before any commitment.

Important News

Keppel Corp. Ltd. (BN4.SG) 1Q net profit fell sharply to S$357 million compared with S$751 million a year earlier because of the absence of one-time gains the company had reported from its housing division last year.

Stock Chart: Noble! is contributed …