Noble Group (technical)

Noble Group: Technicals; Stock continues to rebound off key chart support at the $1.00-$1.02 area. A clear double bottom pattern is at play. A break above $1.37-$1.40 would trigger the bullish implications of the double bottom pattern. The strength of the current strength is strong at 26 ADX, and immediate support at the 20 MA at $1.225.