kickhedge
Long

Transocean Can see some upside the coming days!

NYSE:RIG   TRANSOCEAN LTD
I like the Rig Transocean             chart for a short-term long play. Why do I like oil             plays at the moment? Well last week we saw oil             making new lows, but the oil             stocks aren't making new lows. This is a sign of strength for the sector. Rig is making a bullish pattern on the daily chart and once we can see a spike in oil             these stocks will see a 10% bounce.

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Kristof De Block
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