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Transocean Ltd. Message Board

  • cyberhunkie cyberhunkie Jan 28, 2012 1:25 AM Flag

    Last week Friday (Jan. 20) - also a Black Candlestick

    Last Friday (Jan. 20), RIG also formed a downward Black candlestick (but without going below the trendline).
    Then, Jan. 23 - 27, RIG resumed its uptrend. Black candlestick formed on Friday (Jan. 28) but again - this did not go below the upward trendline.

    They put a lid on it to day, because it was the end of the week.
    Next week, the climb upwards will continue to $52 - $55 range.
    Fundamentals have changes, since the the judge ruled in favor of RIG, and BP lost the case.

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