Noble is still moving up in an uptrend channel. Resistance seens at $3.23. Noble has been on the uptrend since April without a major healthy correction. OCBC Investment Research has a BUY rating for Noble with a fair value price of $3.73 (base on 14.1 PE ratio of FY2010F).
- Post author:Marubozu
- Post published:December 25, 2009
- Post category:Noble Group
- Post comments:0 Comments
Tags: Up Trend Channel