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.
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