GianB
Short

RIG short presenting itself due to technical factors

NYSE:RIG   TRANSOCEAN LTD (SWITZERLAND)
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.
Worked out great. Now I'm long RIG from low $12's
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