Noble Group: Change in Trend?

Noble Groups fought back impressively in the past 5 sessions with bullish candle and cleared above all 3 Moving Averages resistances. Next Immediate resistance is at $1.05 (previous support of a large Descending Triangle), and resistance zone of the previous Head and Shoulders chart pattern. Clearing all these resistances will confirm the change of trend (to up trend) of Noble Group. Noble has formed a Higher Low (Purple) after retraced back to 38.2% FR. Now need to see whether Noble can break above $1.12 resistance to form a Higher High uptrend pattern.

Original Post by Marubozu @ My Stocks Investing Journey.

2014Mar1-Noble Group

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