showstopper
Long

RIG bullish chart

NYSE:RIG   TRANSOCEAN LTD
16 0 0
Printed a maribozu right at trendline support and gapped up on earnings. After couple of days of digestion it faces immediate resistances from MA's congestion above. If it can clear 11.60 (above all MA) it can bode well for higher prices in coming months. A long can be initiated here or waiting on break of 11.60 with a stop below close under 10dma.
MACD is about to make a bullish cross and RSI is rising which is again bullish .
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