An Energetic Leap

Tuesday's 2% gain has pushed Noble Energy (NBL) to new all-time highs. The stock began the session with a gap-higher open and, after a shallow fade, shares easily moved to new October highs. An hour later Noble Energy had taken out its September peak, and former all-time high, near the $68.50 area. Despite the choppy-to-lower action in the overall market, Noble has remained well-bid and is headed for its heaviest upside trade since June. Today's breakout-type move may carry significant momentum.

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