Noble Group started to sell off on 24th Feb 2017 and the decend was relentless, hitting the first bottom only 3 months later on 24th May at 0.305. However it wasn't clear that was bottoming until 19th June when a strong upward bar propelled it close at 0.48 and an Adam & Eve bulllish pattern became apparent. The next couple of days saw a healthy retests of this 'necline' with closes above 0.45. Expect a recovery trend in the coming weeks.
About Me
- Ju
- Passionate about the markets and Technical Analysis. The learning never stops!
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Bulls are back!
The US markets declined pretty sharply on 13th December last year but 2 weeks later it hit into a longer term support and started to rebo...

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Morning and Evening Star patterns are popular patterns to trade as the probability of success is rather high. However do note that candlest...
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Addvalue has been steadily building momentum. It looks ready to break above 0.056 in the near future. When it does break above (ideally wi...
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A number of our penny stocks are entering into an early bull phase (Start of Stage 2) of the market cycle. Time to get on board for the rid...