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Showing posts with label Noble. Show all posts
Showing posts with label Noble. Show all posts

Noble

Noble Hitting double resistance of SMA 200 and Downtrend line....
There will be 2 scenario whereby
1)Breakout of SMA200 and Downtrend line -> A reverse H&S prediction.
2)Retreat from SMA200 and Downtrend line -> drop back to support of 1.70.

Note:There are a few STI components with the same pattern....All is dependent on today US market