RIG-is looking good for a long play...short-term it is crossing over on the MACD and with US drilling news from the US govt....Offshore RIGS are on the move.
I look at this level for 1 and 2 year leaps at this price with targets of 15, 30 and 45 over the next two years.
Complete your own assessments and conduct your risk profiles. My chart and plan are my own and any other party that trades with this information does so at there own risk....
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Just another comment to add. Currently, this stock is trading at 1994 lows!