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LeLaf

RIG: Descending Triangle, Confirmed

Short
Transocean Ltd (Switzerland) (NYSE:RIG)  
LeLaf  
NYSE:RIG   Transocean Ltd (Switzerland)
Technical Indicators Chart Patterns Trend Analysis
2
0
indicator chartpattern trendanalysis
Descending Triangle, Confirmed
Pros
200MA descending
PPS below 50MA and 200MA
ATR descending, less volatility
Broke support with lots of volume
250RSI below 50
RS below 0 and falling
No support below the current level
Target price
If downtrend continues, could become fractionnal
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