Noble seems to have bounced off from the low of 27.5 cents and closed higher at 31 cents last Friday - 29th Jan 2016. The volume was also high with 92.8m changing hand. This is generally healthy.
Also both MACD & RSI are showing sign of a positive divergence that may provide further indication that the share price may continue to head higher.
Immediate resistance will be at 34 cents.
Breaking out of 34 cents with good volume that may drive the share price higher towards 40 cents with extension to 47 cents.
Food
(trade base on your own decision)
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