Sunday, September 5, 2010

Noble Grp: Swing trade

Noble Grp, a consistently down-trending stock closed 1.64 on Friday. It has entered the zone for our swing trading setup. Can consider to sell short if tomorrow hit 1.62, Target 1.56, Exit 1.67, Timeframe 3-5days. This setup voids if the price rise above the 40ma.
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