NOBLE

NOBLE - 7th Sept 2016 NOBLE after touching the low of 11.2 cents on 2nd Sept 2016 it had since managed to stage a strong recovery to hit 14.4 cents today. Couple with high volume, this is generally quite positive.

The current price is hovering about the SMA lines which is generally quite healthy/positive.
 Also both Macd & Rsi are rising which may provide further indication that the share price may continue to trend higher.


Short term wise, I think it may move up to test 15 cents. Breaking out of 15 cents with ease that may propel to drive the share price higher towards 16.cents then 18 cents with extension to 20 cents. (trade base on your own decision)