May 12, 2017
Noble’s shares plunged the most on record to the low. S&P Global Ratings said the commodity trader’s debt-load is unsustainable given Noble current earnings path.
Singapore mainboard-listed Noble Group warned that it will record a net loss of around US$130 million (S$183.7 million) for the first quarter.
Read story on The Straits Times, Noble Group shares close at record low after company warns of losses in Q1. Or the link http://www.straitstimes.com/business/companies-markets/noble-shares-sink-12-on-opening-after-warning-of-us130m-quarterly-loss.
Breakout Lower the Key Level Noble Group
Picture worth a thousand words. See the chart below, the Noble stock price is breaking out lower.
May 9, 2017 Noble Group and Support Resistance
N21 Noble Group Charting and MACD Indicator
Picture worth a thousand words.
May 9, 2017 Noble Group and MACD Indicator
N21 Noble Group Charting and Channel
May 9, 2017 Noble Group and Channel
Noble Group Charting and Moving Averages
Moving Average is a great visual aid to spot trend.
Besides that 34 EMA is a interesting setting, 34 is a Fibonacci sequence number see below.
Fibonacci Sequence
May 9, 2017 Noble Group and EMA Wave
Moses Stock Analysis
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Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
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