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Monday, March 21, 2016


Noble  - 21st March 2016

Noble after hitting the low of 26.5 cents on 20th Jan 2016 it had managed to stage a strong recovery to touch 47.5 cents on 8th Mar 2016. This is rather bullish.

The current price of 45 cents is hovering above the SMA lines which is generally rather positive.

Also both Macd & Rsi indicators are still trending upwards which may provide further catalyst that the share price may continue to head higher.

Looking forward for a smooth crossing over of 47.5 cents with good volume that may propel to drive the share price higher towards 57.5 cents then 60 cents with extension to 65 cents.
(trade base on your own decision)

1 comment:

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