Can our first target at 0.34 hold for today ?.... now at 0.345
Sent: Thursday, January 07, 2016 9:06 AM
Subject: ******** Noble: Breakdown of 0.38 support seen.. price 0.37
Subject: ******** Noble: Breakdown of 0.38 support seen.. price 0.37
We has seen a breakdown of the critical 0.38 support level today that has been supported since August. Top volume as this occurs which is meaningful to note. There can be more weakness from here to find a new low as long as it stays below the 0.38 – 0.40 now. Target to 0.34 then 0.30 in the short term. Buy stop loss at 0.405. Bears taking control again with this breakdown of support. Cautious long. CFD SELL can be used to ride the downside further.
Sent: Thursday, December 31, 2015 9:37 AM
Subject: ********* Noble: Heading back to 0.38 support level where we can see some bargain hunting again... price 0.395
Subject: ********* Noble: Heading back to 0.38 support level where we can see some bargain hunting again... price 0.395
We have seen Noble fail to hold above the 0.45 support over the past few days and down it went on the back of new of it credit rating being downgraded yesterday by Moodys. Likely to head back to test the CRITICAL 0.38 level that has been supported since August and tested a couple of times. Those who had earlier took profit for range trading can consider scaling some long positions in again near 0.38 for a potential rebound again. Be sure to place a stop loss to cap losses if this support breaks down where we can see a new low towards 0.30.
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