Tuesday, July 19, 2011

Noble Group, NOL and CapitaMalls Asia.

Just a quick look at some charts:


Noble Group's share price formed a bullish engulfing candle on high volume. If we turn on the MA envelope, we see how it touched the lower boundary and bounced off. Stochastics is in the oversold region and could turn up. Could share price rise to $1.90?


NOL's share price formed a white hammer on high volume. Similarly, Stochastics is in the oversold region