Saturday, 3 January 2009

Noble


Previous attempt on 18/12/08 to break out of the LT lines failed, stochastic was coming off from high level.
Current attempt to break out of the LT lines is easier because:
1) LT lines are closer and more congested now meaning less resistance;
2) ST lines are just beginning to expand.
3) MACD just cut up;
4) Stochastic trending up nicely.
Resistance levels are 1.10, 1.17 and 1.31.


Dreamers can hope for 1.66. Dreaming is free!

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