gghsusa

BORR SPIKE?

Long
gghsusa Pro+ Updated   
NYSE:BORR   Borr Drilling Limited
I like BORR here technically. I might be willing to take a speculative trade just based on what my eye is seeing. I would personally consider setting several incremental price targets within this broadening formation.
Comment: BORR looks like it's in accumulation mode.
Comment: patience always pays. Let the trade come to you and then nibble on those good risk to reward plays. I like it in this range a lot better. It's still a speculative gamble
Comment: I'm nearly convinced the best way to look at charts is with renko. Renko blocks do not print until price moves. Time is irrelevant in terms of the structure. This is elementary
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