Shares & Derivatives
Noble: Relook 1 month later
By My Route To Financial Freedom  •  March 31, 2015
As promised, I would review Noble when I’m back from my trip in Taiwan! This post is a follow-up of Noble – Were you caught by surprise? What Now? Short-term: Green Line: 7-Year Trend Red Line: New Support Line Blue Line: Old Support Line (Used in previous post) Brown Line: Resistance Line So it turns out, I used the ‘wrong’ support line(Blue) to estimate my buy price. The new support line (Red) would have been a far more accurate support line. Although hindsight is 20-20 but what’s inaccurate is still inaccurate. Had I drawn accurately from the start, the support should have been at 0.85 and it was an wasted opportunity to make a cool 10% gain. However, right now I’m just keeping watch for the downtrend line to be broken before thinking about being vested in Noble. Long-term: The long-term prospects of Noble doesn’t look too shabby and ...  ...
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By My Route To Financial Freedom
Aloysius Lee, co-founder, is currently pursuing a degree in Business at Nanyang Technological University (NTU) and is the President of Investment Interactive Club 17/18. He graduated from Singapore Polytechnic (SP) with a Diploma in Banking and Financial Services. During his course of study, he was awarded the SB Business School Achiever Award, UOB Kay Hian Scholarship and Phillip Futures Prize ...
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