Noble (N21) – Doomsday Scenario | Technical Analysis | Singapore Shares

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Many people have been asking me about Noble, and to me it looks bearish. After gapping down, it has never really reboubded or recovered, instead merely consolidating sideways. This is typical of weak stocks. If we use the gap down as a flagpole, we can measure a doomsday scenario estimation for Noble. Do note that this is just a best guess estimate. 

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Spencer Li

Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.