RIG Clear uptrend and trading in a channel. This is my first publication so I'm open to thoughts on the chart.
Nice come back and V shape , very easy price target 3,25$ Long at ring
RIG is now trading above the 300 day moving averages...300 day ema/sma cross...first target is $4.59 (42%)...second target is $7.06 (118%)...IT'S YOUR MONEY, DYOR!!
Transocean Ltd. is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, Scotland, India, Brazil, Singapore, Indonesia, and Malaysia. TECHNICALS: Price cuts above the neckline (inverse head and shoulders IHNS + 1 shoulder) Entry...
RSI low and MA's golden cross. As well as UKOIL above $50. And also FDA approved the Pfizer vaccine.
Rig is in a clear bull trend right now. Will buy on dip if it happens.
11/25 Crossing 50 on the RSI on the 3 day chart. There might be some pullbacks along the road but major up trend has been established it looks like. Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation. Personally I hold both long term long positions and occasionally short term short...
Anti-trend. Risky trade on penny counter
The latest earnings beat expectations, Transocean could end up as the sole survivor within it's market segment & we might see a mighty short squeeze in a very near future.
Cup and handle pattern still on the going, but I change the objective price up to $4.9X to $5.06 MACD confirms the bearish movement, so we can expect the price goes lower, also StochRSI shows that we're on the bottom of the oscillation, so we can wait a few more days for the rising movement and the probabilty of a bullish trend if C&H pattern is confirmed. I...