Dear Friends,
Attached is a stock that is worth monitoring & watching. Noble, after last quarter dismay earnings results, has been consolidating after Gapping Down 30cents. A few days back, it breaks out of $1.25. See how this stock flies!
However because we miss this breakout, let us wait patiently now for the consolidation back at $1.25. No point catching the flight now as the news has already broken out in the papers that its subsidiary company reported good earnings results.
I found out that this stock will release its Full year results on 28th Feb. So I believe there will be a run-up till the announcement. Most likely resistance at $1.50. See if we can get in at $1.25...
So watch closely now...