On Tuesday, Noble re-tests the support at $1.115 and closed at $1.115 with HIGH volume of 28.08 million shares traded.
RSI & MACD are bearish as RSI began to trend downwards.
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 support at $1.115 is expected to be strong.
The earnings report for Noble was reported today, thus we would not suggest buying tomorrow and rather wait to see the impact of the news before any commitment.
Important News
Neptune Orient Lines Ltd. (N03.SG) 1Q swung to a net profit of US$75.5 million compared with a loss of US$253.6 million because of a one-time gain from the sale of its Singapore headquarters ...
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