Can it stay above 1.20 now ?
Sent: Monday, February 09, 2015 9:21 AM
Subject: **************** Noble Group: Heading towards next 1.20 psychological resistance, What a breakout seen.... price 1.165
Subject: **************** Noble Group: Heading towards next 1.20 psychological resistance, What a breakout seen.... price 1.165
From previous Buy call on Friday, Noble seems like heading towards the next resistance at 1.185 – 1.20 level. For those who managed to get in on time, can also consider taking profit as it may dip slightly and consolidate before heading higher on the break above 1.20 again which can see it trade back up to 1.25 then 1.32. Have pulled away from the channel resistance line that it has broke above clearly on Friday on top volume and hitting a new recent high again today on momentum. Indicators looks positive and trending upwards on Friday’s price action. Immediate support can be at 1.15 for now. Raise stop loss to 1.145 to protect profit if not sold.
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