Noble (technical)

Noble: UOBK has a Technical SELL with +13.7% potential return. Resistance: S$1.04 Support: S$0.85 Tips SELL with TP $0.85 with tight stops placed above $1.04. A break below $0.92 is likely to see more selling pressure as the stock has gapped down and failed to continue to trade above its mid Bollinger band. Its positive directional index (DI) failed to cross above its negative DI coupled with a reading of 39.9 on the ADX. Watch to see whether its Stochastics indicator could form a bearish crossover. The house has a fundamental SELL with TP $0.92