Long to 5.52 and evaluatePossible swing long for a few days. First PT is 5.52Longby TheAmericanTaxpayerUpdated 4
RIG - revisitedThis has finally taken out the down trend convincingly. Would like higher volume but there is a change in character here that can not be ignored. Kept waiting to add in the $4.60 area but it wouldn't give it to me. Waiting for the golden cross which looks to be approaching shortly. Up up and away!Longby BobbySpa6
RIG - Revisited RIG is still chugging along making a series of higher lows with bigger up volume days outnumbering lower down volume days. Change of character since mid August. Upper channel resistance and big volume breakout is coming I can feel it in my bones. Another 2020 turnaround name for me. I like this for a buy and hold. Deep water drilling tough space but this is just way overdone on the downside. Longby BobbySpa5
RIG - is a bottom in?Liking this chart more and more. Seems to be a genuine interest in buying and other indicators confirming this. Nice chart pattern. Black gold, Texas tea....ready to rise??by BobbySpa4
RIG Long after false breakoutStrong level 3.76 I will wait for a retest and false breakout of 3.76 level and then will look for a long to 5.20-.30 and 6Longby abmanUpdated 4
Oil Oil Oil RIG RIG RIG where are we headed? Something to follow and See. Targeting an entry at 5.50 Looking to renter there. See how the price action is going. If it breaks through at 5.50 with ease do not enter. TRADE AT YOUR OWN RISK Longby Dudeperf3
Cup n HandlePossible Cup n Handle? If oil price stays above 60$ over Q4 we have a good chance for higher prices and a bit of short squeeze. Longby Philoslother2
RIG Builish Market updateGapped above resistance, needs to stay above and break out of this area today or tomorrow. Staying bullish, next resistance is at $6.70-7.10 We would like it to break above the current triangle it is trading in. Lots of price protection here. There's no reason here for it to play around in this market range. It will either go above 6.45 or below 6.00 here in two days. Thank you. Please tell me what you think of this price action. Take care.Longby Dudeperf3
Bullish until $5.60 looking for a breakthrough for higher highsLooking for a breakthrough at $5.60. Do your own analysis. This is simple stuff here. Longby DudeperfUpdated 6
Another attempt to long oil stocksLooking at oil stocks I see terminating structures that may result in a bounce. I will attempt to long the stocks with tight stop loss. Longby Fomenka1
Oil stocks look bullishOnly 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. Longby FomenkaUpdated 2
PUT Continuing the downtrend we’ve seen over the years. With the falling wedge; price will hit around low 5s and bounce upwards to the mid 7.5Shortby kriraypar2
Expecting oil to bounce 2020/6I observe a consistent picture in many oil stocks that hint upcoming bounce in oil prices. Very speculative trade. Tight stop. Pattern: no pattern. Buying on bullish PA/indicators/general market look&feel Risk: 0,25% of total portfolio Time horison: summer 2019 Exit strategy: selling in portions as price moves to 74.5 and bounces of MAs or oil price will return in a downtrend Longby FomenkaUpdated 1
I am bullish on this small-cap stocks I am bullish on this small-cap stocks .. We believe in buying small cap stock with great potential.. This one call for a bullish position trading strategy. Longby globalfinancialengineering1
Bullish on RIGBullish pennant on the 1 day chart and bullish divergence on RSI.Longby Eliasm25Updated 5
Mean reversion momo tradeCould get a small move to the upside here with a small hold timeframe in mind. If momo is to follow through here wouldnt be a bad place to put on position with the risk defined. Above the second purple level is constructive for a retracement higher. -- Energy sector has been a horrible sector to put your money in for some time though. Longby gumbtgUpdated 2
$RIG Transocean has to catch a break sometime. From a charting perspective RIG is really at a critical level, historically it has had a lot of false dawns and ended up falling out from these bearish rising channel, technical indicators are also all turning negative coming into earnings . The analysts covering the name have a average price target of $11.97 and a overweight rating, 20 analysts have a buy rating with only 3 sell ratings. A stock looking cheap does not mean it will not get cheaper, despite large contracts wins for RIG investors seem to selling any rips. We have set alerts for a break above $10 for a possible long. Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers drilling rigs, related equipment, and work crews; and ultra-deepwater and harsh environment drilling services. As of February 18, 2019, it owned or had partial ownership interests in, and operated 48 mobile offshore drilling units that consist of 31 ultra-deepwater floaters, 13 harsh environment floaters, and 4 midwater floaters. The company serves integrated oil companies or their affiliates, as well as government-controlled oil companies and independent oil companies. Transocean Ltd. was founded in 1953 and is based in Steinhausen, Switzerland.by RedHotStocks4
Transocean Ltd. Announces Contract Award for Ocean Rig CorcovadoRIG: Transocean Ltd. 2019-03-11 06:41:43 Transocean Ltd. Announces Contract Award for Ocean Rig Corcovado and Ocean Rig Mykonos - GlobeNewswireLongby JetEquities0
Transocean Ltd. Announces 5-Year $830 Million USD Drilling ContrRIG: Transocean Ltd. 2018-12-28 06:36:27 Transocean Ltd. Announces 5-Year $830 Million USD Drilling Contract for Newbuild Ultra-Deepwater DrillshipLongby JetEquities1