Friday, April 26, 2013

Monitor closely: Noble Group. Share price 1.16. (Impending breakout)

Noble Group has traded below the 1.155 resistance level and consolidated below for about 2 weeks. Currently at 1.16. A potential breakout if it manages to stay above this 1.155 new support level. Target to 1.20 in near term. Possible to head back to recent high of 1.24 if 1.20 psychological level clears out.
Stop loss at 1.14.
 

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