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Fomenka

Oil stocks look bullish

Long
Transocean Ltd (Switzerland) (NYSE:RIG)  
Fomenka Updated   
NYSE:RIG   Transocean Ltd (Switzerland)
Technical Indicators Wave Analysis Trend Analysis
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indicator waveanalysis trendanalysis
Only today I made a post that oil looks unclear and now I think oil stock want to go up. Just look at the divergences, double bottom and overall bullish look and feel of APA and RIG. I will allocate 5% of my portfolio to these stocks 50/50.
Comment:
got stopped out on the RIG stock. Nevertheless, think the stock is bullish. Will keep watching if it makes a bottom.
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