Monday, April 5, 2010

Noble Trading Plan Part 2

The technical picture for Noble has consolidated, following a sharp spike in its price. RSI and stochastics have now moved up from oversold regions, and GMAA are starting to cross upwards.
Therefore, I will be preparing to purchase a second bloc of shares tomorrow.

My 1st bloc: 3.10
My 2nd bloc: When market opens tomorrow.
SL: 3.00

Plan: To hold till RSI overbought, and candlesticks confirm reversal.

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