Monday, July 16, 2018

Noble Group - In my Watchlist

Noble Group had recently some renewed interests and I have been watching it for a long time now. Although it's a risky stock, there are chances that $ can be made in this counter for short term trading. Using the 2 horizontal supply and demand zones as drawn in the 5 minute chart, there were even deeper points to looked out for before taking a long positions. As of now, the stock is experiencing some selling and it's not a good time to go long. I am not sure when but the minute it reaches that critical demand zone, I am looking for long opportunities. For now, let's wait it out first.

Ronald K - Market Psychologist - A Stock Market Opportunist