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Thursday, December 24, 2015

Noble Group

Noble Group - 24th December 2015

From TA point of view, Noble seems to be on a short term uptrend pattern as reflected on the chart.
Both MACD & RSI are rising higher which is rather positive to drive the share price further.
The 14 SMA line has just crossed over 25 SMA line which indicate further price rises is on the right track.

Short term looking forward to see the price head higher towards 51.5 cents then 56 cents.
If the price dropped below 44 cents then perhaps will not see this follow through.
(trade/invest base on your own decision)
  

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