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.

Thursday, November 20, 2008

Noble Group 191108

A breakdown with high volume usually means bad news (for longists). Volume support looks to be around 0.650 - 0.655 (red --). If Noble Group doesn't break the uptrend support (low blue - now turned resistance) soon, we could see Noble Group eventually hitting 0.600 as indicated by the downtrend support (low pink).

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