kocurekc
Long

DO - Ichimoku Cloud Potential

NYSE:DO   DIAMOND OFFSHORE DRILLING INC
Long term general commentary, this dog has been in a huge bear trend, it tried to break out in Apr, failed and is testing now...So I plopped the Ichimoku Cloud on top and sure enough, a great potential setup here...

1. Got a test of the lagger line (reference: bear hook)
2. Got a test of the standard line against the bottom of the cloud.
3. Analysis by Tim also, sets this up as a potential winner.

***Always Inspired***
Tim always has great ideas (https://www.tradingview.com/u/timwest/)
When i saw this one pop up, it looks like another potential great call.
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