Noble Group Ltd Technical Analysis |N21.SI |

April 27, 2015

Noble Group Ltd, N21.SI has been the most talk about in town due to some research reports about (against) the company. Many traders are opportunist, the speculator. Some bet up and some bet down.

Besides reading the Iceberg Research reports, just looking at the chart what is your trading decision?

 

Noble Group Ltd N21.SI April 27, 2015

Noble Group Ltd N21.SI April 27, 2015

 

Please note the comments share on the chart, the discussion tries to bring up a point on trading technique; moving average and variation of moving average. Have fun!

 

Twenty (20) Months Data for Nobel Group April 27, 2015

Twenty (20) Months Data for Nobel Group April 27, 2015

 

From the above chart, the stock price has been tumbling down since last October. If you try to buy and have big win at the AB = CD pattern, you may be disappointed. In trading you must have your trigger and exit strategy. Don’t just trade blindly.

 

Lesson

Do not just trade blindly!

 

Thanks for visiting the AmiBrokerAcademy.com.

 Moses

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