Sunday, August 22, 2010

 

Noble


This is daily chart of noble. On 17th August, 3 days after 13th August 1.54 low, noble sucessfully broke up the downtrending channel. It is about 61 days from 21th May bottom when the break up happened. Noble got to stay above 1.68 to keep the bullish momentum sustainable. It is important that Noble hold the 1.54 support on any pullback, otherwise lower low can be seen months ahead...

# posted by chua @ 1:06 PM
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