Wednesday, January 20, 2016

Noble: Still below the 0.300 new resistance, a negative? price 0.27

Let’s continues to profit from the weakness if possible….  J

Sent: Friday, January 15, 2016 2:28 PM
Subject: ************* Noble: Seeing some sell down below 0.300 psychological support.... price 0.295... cautious
Following up from previous call, we are still seeing Noble trade below the 0.34 – 0.35 resistance level and it has traded back down to 0.300 support level. Today, we have seen the 0.300 breached with sellers throwing down to a low at 0.29 as of now. Any further sell down below 0.29 now can see more weakness as mentioned with a trade to 0.26 then 0.20 with downtrend taking control again. Stop loss for any long positions if it were to stay below 0.30 over the next few days with a close below a further negative. MACD still sloping downwards with more downward momentum possible as long as 0.300 is a resistance now. CFD SELL to ride the downside further on a clear move.

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