Sunday, September 9, 2012

Noble Group: Bullish Trend Forming

Noble Group caught my eye when I was looking at the EOD data on Wednesday. Saw that it had a selldown touching on its support. However we need to see the reaction for the next day and saw that it had bounced off its support on Thursday. This indicated to me that it is time to enter. Of course the better timing is actually to enter on Thursday once you see that bounce but that's for the full time traders who have all the time. Will Noble Group continue its bullish trend? Time will tell.

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