GianB
Short

RIG short presenting itself due to technical factors

NYSE:RIG   TRANSOCEAN LTD
RIG might be setting itself for a short. Top of trendline and resistance of a Moving avg and prior support/resistance line. Rig has seen a strong advance lately and might be expecting some sort of pull back soon. On a fundamental note, if fed does raise rates sept 17th 2015 then dollar should rally and in turn push crude oil             lower supporting the argument to short.
GianB
a year ago
Worked out great. Now I'm long RIG from low $12's
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