LeLaf

RIG: Ascending Triangle

Long
NYSE:RIG   Transocean Ltd (Switzerland)
Ascending Triangle
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, but descending
ATR Ascending
R/R ratio above 7
200MA ascending
Cons:
250RSI below 50

PT = 5.81$

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