Noble group experienced a massive rebound after broke the support at $1.70 and hit the new low at $1.54. Today closing at $1.72 is slightly above the support again of $1.70. By taking prices for 2 months back, we can easily found a divergence pattern was created after the low $1.54 hit. If stochastic is successfully breakingthrough 50% of recent resistant and hitting 60% or 70% then the prices shall has higher probability to stand above the support line and continue the rebound trend which shall marching to north. Current strategy shall be entry around $1.70 level and put a protective stop a tick lower than recent low. Good Try!!!
