Monday, June 16, 2014

Noble - Short Term Bearish




I am short term bearish on Noble for the moment. After all that heat and $$ making session in penny stocks, it's time to rotate back to blue chips on the bearish side as the market had reached a saturated point where sellers are looking to book profits and cash in. Noble's chart looks bearish at the moment with sellers looking to short sell. In the near term, I expect Noble to suffer reactions.

Ronald K - Market Psychologist - The Big Speculator