I am thinking about paper trading a long position around this price point (2.97 area) based off a few factors. 1. Positive MFI divergence relative to recent price action 2. MACD nearing a bullish zero-line crossover 3. Of the opinion oil will be bouncing soon, SDRL should follow accordingly A few resistance points up ahead that will need to be broken through, and...
SDRL had a downtrend to support and formed a rounded bottom at support now seeing bulls buying in so this is a good set up to look for longs this week. For more information in joining my professional signals group or professional online trading tuition, Message me directly on Trading view or email me with the email address on my Trading view profile page ...
Right on the mark $3.7 $4.8, ER tomorrow.
LOOKING TO LONG SDRL FOR NEXT FEW WEEKS. WILL WAIT TO SEE SIGNAL.
Bullish Short-Term, Trade Cautiously: This post will come in two parts. The first I will explain the most recent trade I exited yesterday, 05/11/16 using technical analysis from the information provided the day prior; and secondly I will review the fundamentals of the company and speculate the short-term outlook into the next two crucial months that lays ahead. ...
ran before see our book on amazon on entering and when to exit- -thin cloud-stoc and mac good-cci and oercent r range above -above 50--price volume strong-money flow good-
:-) please take a look at there fleet status :-) woah! I just posted a blank chart to show my view for now. what happened to the dry shipping industry could be happening now. to very very very badly positioned drillers. no question oil is still (black gold) in a sense. but.. my view. fund it all you want fooldreksen.....
HAVE A TRIGGER SET ON SDRL IF WE CLOSE BELOW 2.88, WOULD BE LOOKING TO SHORT
Go long the SDRL if it trades at 3.68 or higher. If triggered, place your stop at 3.34 and exit the position for a profit at 3.91 or at your own discretion. (Signals are valid for today only. Always invest wisely). Learn the rules of this strategy at: www.udemy.com
A great longer term buy and hold stock in general (in my opinion) This is another time to be more bullish than bearish.
SDRL expected to open at 11.83 for a Retest Gap. Watch out for nearby pivot. To learn to trade this strategy for free go to www.RealLifeTrading.com
There are three reasons why I am not looking to take any new trades today. Yesterday was a bank holiday in the US, today is apparently a half trading day, and finally it's the last trading day of the month. To me this means volatility may be affected and I'd rather stand aside than get whipsawed. However, if I were to take a near-term short opportunity the set up...
Possible downside to SDRL... - Break of the neck line in the H&S pattern coupled with a break of the upward channel at the same spot - Big volume making this move - Pink lines are Fib levels from the downward move from the head of the H&S pattern (possible support/resistance) - Blue arrows show possible price movement