Noble

Noble: DBSV technicals notes the shares have seen a gradual uptick in interest in recent days on the string of recent better-than-expected US data and also on the hope of stimulus from China post leadership change. Believes the stock has found a low at $1.28 recently. If so, near-term support is $1.32 and any minor pullback to there is an entry opportunity. Says its earlier technical view for an eventual (months) to $1.53 is challenged, albeit at a gradual pace currently. Resistance along the way is at $1.43 and $1.47. Stock is +0.7% at $1.355.