Monday, November 4, 2013

Noble - Broke Down by Big Boys!



After shorting 1000 lots of Noble between 25th - 28th Oct 2013 and covered on 29th Oct 2013 at the first reaction point of 1.025-1.03, the stock exude a devious fake breakout followed by hidden selling which constitutes to today's breakdown!! Of course, this time round I wasn't inside because of my hectic meeting and work schedules. However it solidifies my observation that the BBs in Noble were indeed looking to sell instead of performing any breakouts!

http://stockmarketmindgames.blogspot.sg/2013/10/noble-group-1000000-shares-shortsell.html


Ronald K - Market Psychologist - The Big Speculator