Update on Noble 29 March 2008

Talk about getting whipsawed! 2 Busted patterns! Chart set up seems to be bullish trying to attempt another break of the trendline joining the double tops. However volume traded wasn't very high.

On top of that it has wide ranging days. Stay away as trades!

Noble Group

People trading Noble Group must have been very frustrated. Failed double top formation. And it looked like that double top could have been busted with that breakout upwards but then that failed as well.

1.55 is going to be a key level for Noble group. If it drop below that then expect the shortists to climb on board.