NYSE:MDR MCDERMOTT INTL INC
Seeing very prominent divergence coming on a double bottom for MDR . All systems are go on the Mac-d signal lines, histogram, and to try for a long position to retest the $3 mark which is at the nearest level of resistance. We saw above each of the last three days which included a small pin bar followed by a price confirmation close, and bulls then breaking highs from Jan 20 creating a suitable swing point to trade on. It gives a healthy 1:2.44 risk/reward ratio.