Pulling further from 0.900 new resistance, more downside? SELL CALL AT 9.20am this morning to clients
Sent: Wednesday, March 18, 2015 9:20 AM
Subject: ******************** Noble Group: breaking new recent low, more downside below 0.900 now, price 0.88.
Subject: ******************** Noble Group: breaking new recent low, more downside below 0.900 now, price 0.88.
Noble Group has broke below the recent low last week at 0.885 today on TOP Volume. This may not be a good sign and we can see it trade lower if it does not stay above the 0.900 resistance now. CFD SELL can be use to ride any downside with buy stop loss at 0.91. All 3 moving averages sloping downwards with 20 day MA line accelerating further down on yesterday and today’s price action. Target to 0.85 then 0.80 in the short term. Careful long positions below 0.900 now.
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