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Noble Corporation (NE) Showing Signs Of A Dead Cat Bounce Today

Trade-Ideas LLC identified Noble Corporation ( NE) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Noble Corporation as such a stock due to the following factors:

  • NE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $104.4 million.
  • NE has traded 8.6 million shares today.
  • NE is up 3% today.
  • NE...