Noble Group Technical Analysis:
3 March 2016, Thursday, 6.05pm Singapore Time
Attached above is the Weekly Chart of Noble Group charted in the morning today but embargoed and released only now.
Both targets have now been reached and the price satisfaction been concluded recently. S&P has also come out 3 days ago with precision to my past price targets to cut Noble Group's credit rating, adding despair and fear to the commodity stock, further adding icing to the cake in helping big monies to buy back their shorts easily. Using fear tactics. The time is ripe now for buying in preparation for a massive rebound while most people (the herd) are in fear and bearish. Many people have lost significant amount of money as forewarned. They are still, with repeatedly infinite loops, being brainwashed by the media on the wrong side again. They are bearish now. Now is the time for those who had gotten out in time from the shelling to pour in investment ammunition while many have lost theirs badly and are bearish now just as I had forewarned to happen too.
The commodity stock, just as with all commodities stocks as pre-warned in late-2015 and early-2016, will be preparing for a large bear market rally. This bear market rally will be significant from current prices, it will do a multifold price rise before resuming a long term bear market. A minimum of +100% profits is to be expected from here for Noble Group.
When Helicopter Don is bearish, wisen up and better open your eyes wide.
When Helicopter Don is bullish, better not be the opposite side of the helicopter.