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Marubozu

May 31, 2010.

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Friday, May 21, 2010

Noble Group - Double Tops!

Noble Group has formed a Double Tops and the neckline has broken. The price target of this double top formation is $1.27 which is also a 50% Fibonacci Retracement Level. The breakdown of the neckline is also confirmed by increase in the selling trading volume.

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