Yesterday, I read about a bad report on Noble latest quarterly earning. Its credit rating is undergoing a review and may be downgraded in the near future. This will cause its borrowing cost to go up resulting in lower cash flow for the company.
Technically, noble chart looks horrible and bearish. And I love to short such stock to collect dividend everyday (not once or twice a year).
Stop sell or sell only using CFD @ 0.41
Stop loss @ 0.46
This bull run started in March 2008 and it is going to be 8 year old soon. If you want to learn how to short sell a stock and use a simple, easy and highly predictable trading system to pick the most bearish stock to short and then use the house money to ride the next bull run, do register for my Saturday stock course preview.
Kindly register only if you genuinely want to create wealth from stock trading.