Bullishcharts

$RIG Transocean $4.75 Inverse H&S target

Long
NYSE:RIG   Transocean Ltd (Switzerland)

Potential Inverse H&S playing out
Stochastic bottoming
MACD reversing away from Zero line
Histogram ticking higher
Sector rallying.
Targets $3.50 - $3.82
A ambitious inverse H&S move takes this to $4.75

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.