Thursday, June 28, 2018

Noble Group - The Rise in Penny Stocks

Noble Group is the best performer today in the Top Volume, recording a 18.7% rise today with such huge amount of volume of buyers punting the shares up. Although I don't usually trade this counter, I think it's wise to revisit this counter as it showed some strength in the recent days. This volatility and range in this stock is high and strong but it's the only stock which allowed for some good intraday or short term trading for now. Studying the 5 minute chart, the stock broke out the range and rose rapidly from there on. It has renewed strength and I will start to watch this counter again. I am extremely carefully in trading this counter as the timing is crucial although it's bullish. See tomorrow.

Ronald K - Market Psychologist - A Stock Market Opportunist