Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Sunday, November 9, 2008

Noble Group 071108

The 0.965 support (green --) for Noble Group seems to be holding up quite well for last week. Would it continue to hold for this week?

If Noble Group breaks the 0.965 support, we could see it test the 0.855 support (blue ...). Upside is very little as you can see from the chart, which is limited by the 1.04 resistance (blue --) and 1.08 resistance (pink ...)

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For monday :

Support @ 1.00 (low blue), 0.965 (green --), 0.925 (low red), 0.905 (mid pink), 0.855 (blue ...), 0.800 (pink --)

Resistance @ 1.04 (blue --), 1.055 (mid red), 1.08 (upp pink, pink ...), 1.17 (mid blue, red --)
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