Noble Group formed a Double Bottoms and currently testing the 50D MA resistance. If this resistance is cleared, Noble will be testing the neckline at about $2.20. If this neckline is broken, the price target for this breakout is $2.37.
Ezra is testing a support turned resistance level at about $1.75. This resistance is also the 50% Fibonacci Retracement Level. Breaking this resistance with healthy volume will kick start an up trend for Ezra. Also take note that 20D MA is heading up to cross the 200D MA if Ezra can stay above this $1.75 and 200D MA. If Ezra fails to break this resistance, the stock may pull back to $1.64 the next immediate support level.
Genting Singapore is currently testing a Tough Resistance at $2.03. This is the mid term down trend resistance, 50D MA resistance and 78.6% Fibonacci Resistance. Today Genting SP ended the trading day with a Doji, an indication of the end of the recent mini bull run. A potential reversal of trend at sight!
