SDRL is a Scandavania / UK-based company supporting offshore oil drilling projects. On the daily chart I have drawn a green support trendline and a red resistance trendline from the higher weekly timeframe. Fundamentally- it has had two consecutive earnings beats. Per Tradingview, the average analyst has a price of $45 as a target and technically it...
SDRL has been in a large downtrend, recently it has seen a large price pump, this may be due to fundamentals however we will stick to charts. A short opportunity has opened with the recent pump, touching the downward trendline and indicative of a possible bearish reversal.
I HAVE BEEN HONESTLY CALLING THIS COMPANY FOR AVAILIBLE JOBS TO SEE WHATS GOING ON . BECAUSE IF THEY ARE HIRING IT'S SOMETHING. LAST WEEK THEY ANNOUNCED THAT THEY HAVE A PLAN TO FIX EVERYTHING THEY WILL NEVER LET THIS COMPANY GO EASILY BECAUSE IT'S WORTH ALOT THOSE MACHINES ARE VERY EXPENSIVE THIS IS A BASIC THOUGHT WHICH I BELEIVE OTHER THAN THIS STOCK YOU...
100% guaranteed as announced
SDRL forming a very nice fallen angel pattern with moneyflow divergence. It has broken out the moving averages with huge volume. We think it has good upside potential from here. * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $0.55 Exit Target Criteria- 1st Target $0.64, 2nd Target...
Do you all remember Sun Edison? Well, I've tried picking a 'long term' bottom on SDRL 3-4 times. In total, definitely lost some R's, but each got smaller as SDRL kept sinking. From here, it will be bankrupts in months if not weeks...
Bullish price structure. Ideal stop below 17. 4x ev/ebitda. Healthy cash flow and balance sheet. Joint venture with Saudi Aramco.
Stock went down from very high price to $1.57. Consolidation in progress. This chart show that a good company can have a bad stock... I think this is a corrective movement after hit the $1.57 ATL Flat to the upside... so, I do give a bigger probability to the ABC correction rather than impusle wave. This is a daily chart but count based on weekly. Let's see how...
Finally breaking out, or needs a re-test of $1.6? Watching.....
In a Huge demand zone, less than the book value. Perfect buying price