Noble Group: Breaking below 0.99 - 1.00 support again can see it retrace back downwards towards 0.90 - 0.92

Was at 0.98 in the morning when breakdown of support spotted, NOW AT 0.95 !

Sent: Tuesday, March 10, 2015 10:45 AM
Subject: *********************** Noble Group: Breaking below 0.99 - 1.00 support again can see it retrace back downwards towards 0.90 - 0.92

After hitting a high of 1.07 last week Noble has traded back down below the support at 0.99. All 3 moving average pointing downwards firmly still and this can see it trader lower to 0.90 level again. As long as 0.99 – 1.00 is a resistance now, bearish in the short term, CFD SELL to ride the downside. Recent low last week was at 0.92 so we may see some support around there, those looking to accumulate on dips can do so around there but note that a breakdown below 0.900 can see more weakness so stop loss accordingly below 0.900 support.