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05-07-2008, 10:07 PM

cheongtk

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Join Date: May 2008

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Noble Grp

The fibonacci fan shows that the stock has support at 2.1. If the stock trades above this level, then it might go to 2.3 ( 30 DMA ). If 2.3 is crossed then next target for the stock would be 2.4.

On the downside, if the support of 2.1 is broken, then the stock may decline to 1.9 ( 200 DMA ). If 200 DMA is broken then the intermediate trend would turn down.

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