On Wednesday, Noble broke the resistance at $1.195 and closed at $1.20 with regular volume of 41.46 million shares traded.

RSI & MACD are bullish though RSI in oversold region.

Important Resistance of Noble: $1.23

Immediate Support of Noble: $1.195

Currently prices are resisted by the 200 days MA.

Today prices have broke the critical resistance at $1.195 with regular buying pressure and closed slightly above this resistance. This is not a good signal as the breakout is not convincing.

The support at $1.195 is expected to be strong.

We would suggest to sell the Noble now as RSI already in overbought region and there are little buying pressure from the market.

Stock Chart: Noble Group! is contributed by : Singapore Stock Information Exchange