Trade ideas
RIG: Ascending TriangleAscending Triangle
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, but descending
ATR Ascending
R/R ratio above 7
200MA ascending
Cons:
250RSI below 50
PT = 5.81$
RIG - Bull FlagRIG
Clear uptrend and trading in a channel. This is my first publication so I'm open to thoughts on the chart.
Uber Buy Now!!!Back testing previous support. Bottom of price Range after completing cup and candle formation. Hidden bullish divergence onn 4hr.
RIG 42%-118%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!!
RIG Setting up Nicely for a Cup & Handle BreakoutLooking like RIG is setting up for a Cup & Handle breakout. I'm thinking a $1-$2 pop in the near term.
Positives:
Volume has been higher than usual over the last few months.
Hidden Bullish Divergence
Accumulation/Distribution Quantity Rising
50 MA crossed 200 MA
Support on 50 MA
Negatives:
Heavy Resistance Line in Red
Oil is a Dying Sector
$RIG Transocean $4.75 Inverse H&S target
Potential Inverse H&S playing out
Stochastic bottoming
MACD reversing away from Zero line
Histogram ticking higher
Sector rallying.
Targets $3.50 - $3.82
A ambitious inverse H&S move takes this to $4.75
RIG forming H&SRig stock is forming H&S if managed to break neckline and close above 2.8 targets are ass on the chart note that usually oilfield companies stocks follows oil price and oil price has been recovering for a while now
good luck :)
RIG (D) LONG 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 Price: $2.82 or closer to neckline (in red)
Take profit:
1) Range - $3.76 - $4.15
2) IHNS TP - $4.69
3) $5.21
Good Luck in Trading
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$RIG Transocean Bullish Analysis
Alerts set for move above Fibonacci Golden pocket @ $2.75.
Potential Inverse H&S forming.
Stochastic bottoming
MACD reversing away from Zero line
Histogram ticking higher
Sector rallying.
Targets $3.14 - $3.50 - $3.82
RIG Breakout Stock Sell AlertBREAKOUT STOCK SELL ALERT
$RIG - Transocean Ltd (Switzerland) Common Stock
Initial Alert Price: $2.31
Price High: $2.69
% Gains/Losses: 16.45%
(-48.55% Less Than Expected)
RIG hit the $2.69 Level of Resistance and is currently consolidating from the breakout. It does seem to be rounding back up so we will be watching closelly for another potential breakout here. Until then, we sharing this advisory sell notice.
#Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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RIG Breakout Stock Alert UpdateBREAKOUT STOCK ALERT UPDATE
$RIG - Transocean Ltd (Switzerland) Common Stock
Initial Alert Price: $2.31
Price High: $2.69
% Gains/Losses: 16.45%
(15.8% More Than Expected)
Stop Loss Limit: $2.56
RIG is currently trading in a Continuation Breakout Pattern and working to break the $2.62 Levels of Resistance. If it does, then we expect this retest the $3.82 Level no later than March, if not before due to a catalyst or the Oil Industry finally getting a grip on Production Cuts to account for lower demand in regards of the pandemic. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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MM painted LONG pattern cup with handle.RSI low and MA's golden cross.
As well as UKOIL above $50.
And also FDA approved the Pfizer vaccine.
