Monday, 9 April 2012

Singapore Stock Tip: Noble going Down?

Hi friends,

STI down 25 points and currently trading at 2963. STI support level is 2936.

Technical view for Noble: See attached/below chart. Obviously it has broken below 1st level support and if you look at the chart it has forming a Descending Triangle pattern and this kind of pattern is for short-sell opportunity.

Example of trade plan:
Short-sell entry at 1.315
Cut-loss at 1.35
Cover short-sell position at 1.24

Above mentioned is our view and only CFD can be used for short-sell.

ARTeam KL


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<<A.R.T. Traffic Light System: Using the system to predict where your stocks go accurately>>

On 12 Apr 2012, Thursday (English Seminar) or 13 Apr 2012, Friday (Chinese Seminar).

Do recommend your friends to this workshop!
Sharing on    1) An overall view of Technical Analysis strategies
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Date: 12 Apr 2012, Thursday (English Seminar) or 13 Apr 2012, Friday (Chinese Seminar)
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