Chart update. No resistance at $4.50? Next stop $5.20 Long

Transocean Ltd (Switzerland)NYSE

Description

⋅ Mar 11, 2021 2:38 AM

Looking good.

PT1: $5.20 (will sell 50% of my position)
PT2: $7

Will buy back the 50% next time it drops below $4 again.

Chart Patterns

Comments

pizzini187

⋅ Mar 19, 2021 10:29 AM

Can you make a update for now?Because it breaks the support line yesterday thank you

ozkan456

⋅ Mar 18, 2021 3:22 PM

hello, thanks for the analysis on this. I did sell my small position last week around 4.70 prior to seeing your posting, and was thinking back of buying back. your analysis does provide guidance on it.
At this point do you think it's good time to jump back in (currently around 4.00) or should we hold back and see if 3.80 to 3.90 holds? Thanks in advance