Transocean Ltd (Switzerland) RIG

Rafcobos1809

Bit crowded but essentially we are finishing wave 4 of a leading diagonal. Also have the bearish count of breaking 3.2

sfhenderson17

Almost going to break down here...on watch. I wanted to play the upside but this is barely holding on here.

sfhenderson17

Going to still play this to the upside for now, even though you could probably play a straddle here while it decides a direction. I think the oil play is coming for a winter move

sfhenderson17

Nice pop, little pull back intraday. If we break out of this triangle, 11/19 $4's at $0.09 look reasonable

sfhenderson17

Could try next week $4.50's at $0.07 if you want to take a flier. Will do a little more research tomorrow.

RamirezFX

Not too shabby of a sequence, have a high probability pattern in play, good r:r for this position lets see how it plays out in the following week

ptero1492

Lower risk entry on one of the most likely companies to ride out the coming energy supply shock.

LeLaf

RIG update on the continuing ascending triangles. This is the third one showing since February 2021. Withs the current procurement situation worldwide, I think this stock price in bound to increase dramatically. If confirmed: Price target = 11.62$ Stay humble, have fun, make money!

PlanTradePlanMM

Wedge breakout + revisit trendline Entry 3.8 Stop 3.4 Target 5.1 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.

sfhenderson17

We all need some green in our lives right now, energy/oil are doing the job. Still looking for RIG to take the next leap

sfhenderson17

Trying some 10/15 $4.5's at $0.06/$0.07. I still think the oil play is valid short/medium term into the winter.

sfhenderson17

Got a great move to start, out for now with plenty of profits from the first move, will check back later

sfhenderson17

Made 140% on the October 15 $4 calls, now looking at $5 calls for Nov 19, currently at $0.24

Golvest163

Bou and hold RIG Target 6.8$ Month chart ................

JaceStryker

Transocean Ltd. is shaping up to become a massive turnaround story with great upside potential. Youre betting on sustained higher oil prices here. The stock is still selling on cents on the dollar from its last high in 2008.

sfhenderson17

Trying some 10/15 $4 calls here, got three week to wait for a day that pops then I'll get out....

sfhenderson17

This one is one I added to my watch list, really like the set up and if oil prices rise into the winter...

FLEXxPointsx

Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells. The company offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and project management services, as well as explores, develops, and produces oil and gas resources. The company...