Friday, September 14, 2012

Noble (technical)

Noble: Trading Central notes the stock has pulled back to the support zone around $1.12-1.17 and has recovered sharply since. Likes that the stock is now well above the moving averages, while the golden cross formed by the cross of the 20d above the 50d MA is another bullish signal. Sees further gains towards $1.39 in the forthcoming days as long as $1.17 support holds.

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