Noble - 31st Dec 2016
Noble after hitting the low of 15.9 cents on 30th Nov 2016 it had managed to stage a strong recovery and head higher to touch 17.7 cents on 29th Dec 2016. This is generally quite positive.
Macd is showing sign of a positive divergence which may provide further indication that the share price may continue to trend higher.
Short term wise, I think it may likely move up to test the recent high of 17.7 cents . Crossing over of 17.7 cents with good volume that may propel to drive the share price higher towards 18 cents than 18.7 cents. Breaking out of 18.7 cents with ease that may likely see the share price moving up to test the psychological level 20 cents then 20.5 cents.
( trade base on your won decision)
A wise trading strategy helps in earning required returns. Traders can learn about market to frame a better trading strategy. Webinars of epic research also helps in learning good facts about trading .
ReplyDeleteThks
ReplyDeleteYou are most welcome!
Delete