TRANSOCEAN LIMITED

NYSE

RIG

BobbySpa

Looks like it! RIG is bumping up against key resistance and a break should bring some higher prices and possibly an attack of the $3.82 high from three months ago. Watching closely!

dread003111

will be nice move.

PennyStock101

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleet such as ultra-deepwater, harsh-environment, deepwater, and midwater rigs. The company was founded in 1954 and is headquartered in Steinhausen, Switzerland.

TopMarketGainers

Nice reversal setting up as the stock found support on the Fibs The 100ma is now support and could help send the stock on a nice run higher Indicators also reversing

Bullishcharts

Stock has found support on Fibonacci Golden pocket 100ma is also reclaimed as support. MACD reversing from Zero-line Histogram ticking higher 30% upside potential PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.

BobbySpa

RIG is starting to perk up after holding its breakout area around $1.75. It held at the golden pocket marked by the $.76 low and recent $3.82 high. That high represents resistance that will take a little more consolidation action before a definitive push thru. The first attempt was parabolic and if you owned this in size for the $1 it traded at for better than...

kamilongus

Maybe a cup handle looms

FHtrading

RIG

tradermike77

Look for a short squeeze to 3.75 at least. I dont like that it broke 61.8

v2c_cha

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...

TopMarketGainers

MACD and Histogram bullish. Oil back above $40 Deep reversal complete Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleet such as ultra-deepwater, harsh-environment, deepwater, and midwater rigs. The company was founded in 1954 and is headquartered in...

PennyStock101

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleet such as ultra-deepwater, harsh-environment, deepwater, and midwater rigs. The company was founded in 1954 and is headquartered in Steinhausen, Switzerland

kamilongus

It seems to me that the up trend is set. Check out the idea on Monday.

v2c_cha

I was trying to understand the price movements and this idea appears, what if this is a C&H pattern? }(I'm not sure at all, it's so early) in that case we can project an objective price above $5.86, I'm not shure when but maybe by mid-august, of course if the oil prices still up. This is not an investment advice.

SwingBatter12

just imo watch for move back up. I dont suggest options as there expensive i suggest shares if playing

mortdiggiddy

We had a massive dark pool block this morning and RIG is down 15% right away from the open. RIG and XOP seasonality show a steady decline after the June FOMC. This will not end well. Stock Blocks 📈 $RIG ‼️ #PreMarket 📊 5,742,200 😱 ⚫️ #DarkPool 💵 2.62 💔 -0.02 | -0.76%

duco1

The previous longer term resistance structure of 1.50-1.75, would now present a very good buying opportunity for RIG (if it ever reaches there). There is still a gap there at 1.67 and RIG hasn't really created any structural support above this level, which increases the odds of falling back to this level. Of course many FA factors can skyrocket RIG, but just...

BobbySpa

Stock has tripled in less than a month. Behaving very nicely and it appears the reversal has legs. At FIB resistance but should push thru.