On Wednesday, Noble broke the critical support at $0.945 and closed at $0.93 with HIGH volume of 54.01 million shares traded.

RSI & MACD are bearish as MACD perform a death cross.

Important Resistance of Noble: $0.945

Immediate Support of Noble: 3 year low

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

On 9/Jul, prices broke the critical support at $0.945 with selling pressure and trigger more heavy selling pressure today. This is a bearish signal.

The resistance at $0.945 is expected to be strong.

Noble has been trending downwards since April 2013 and just broke the critical support at $0.945. We would NOT suggest to buy this stock for time being as shorting would be a better option.

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