On Wednesday, Noble re-tests the resistance at $0.945 and closed at $0.92 with normal volume of 26.84 million shares traded.
RSI & MACD are bearish as RSI trend downwards.
Important Resistance of Noble: $0.945
Immediate Support of Noble: $0.89
Currently prices are resisted by 100 days MA at $0.945
Today, prices retest the critical resistance at $0.945 with normal volume and failed to break out. The breakout of $0.945/$0.97 would signal the reversal.
The resistance at $0.945 is expected to be strong.
We would not suggest buy now till prices pullback to the support at $0.89 since the possibility of pullback very high.
Stock Chart: Noble! is contributed by : Singapore Stock Information Exchange