Saturday, November 6, 2010

RIG Chart Analysis

*Chart taken from www.stockcharts.com
Current pps: $63.92
Link to chart: link
Link to google finance: link
Link to latest headlines: link
Company website: link





Transocean LTD (NYSE:RIG) seems to be resting on a strong support line and waiting for another run and a break over $69. The 6-month graph shows a solid uptrend. RSI is close to 50 with positive MACD showing good signs for further consistent profits. Watchout for 50-day and 200-day MA crossover.

*Please do your own research before buying any stock listed here.
>> Subscribe to our posts.

No comments:

Post a Comment