Studying the chart for Noble only revealed more weakness for this counter. Not only did it did not perform well over the past 2 days on Tuesday and Wednesday, the stock was slammed down heavily with an avalanche of selling. Judging from the supply and demand point of view, there was an increased amount of sellers compared to the buyers and they are fierce and forceful in their selling activity. In the coming days, I expect more down ward in prices.
Ronald K - Market Psychologist - A Stock Market Opportunist
