On Monday, Noble re-tests the resistance at $0.89 and closed at $0.855 with LOW volume of 11.93 million shares traded.
RSI & MACD are bullish as RSI trend upwards.
Important Resistance of Noble: $0.89
Immediate Support of Noble: $0.795
Currently prices are resisted by 50 days MA at $0.89
Today, prices retest the critical resistance at $0.89 with low volume and failed to break out. The breakout of this resistance would signal the reversal.
The resistance at $0.89 is expected to be strong.
We would not suggest to buy till the resistance at $0.89 has been breached with high volume. Otherwise go for the support at $0.795 would be a better idea
Stock Chart: Noble Group! is contributed by : Singapore Stock Information Exchange
