Tuesday, January 8, 2013
Noble (technical)
Noble: stock remains in an upward trend in the short-term, following the upside breakout of its MT moving average. Moreover, the 20D SMA is pushing the prices higher and is about to cross over the 50D one, posting a bullish signal. RSI remains bullish above a rising trend line. In these perspectives, a test of the nearest resistance at 1.265 (to fill the November 9, 2012 bearish gap) in sight before a new up-leg towards 1.368.
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