Todays Big Stock: Transocean Ltd (NYSE: RIG)

Whether the market goes up, or the market goes down, I like to trade stocks thatforecast their movement either way. In other words, stocks that seem to tell me how to trade them. This could be in the form of a pattern, visibly important levels,or maybe a little bit of both. If you can find stocks… Continue Reading »

Todays Big Stock: Transocean LTD (NYSE:RIG)

Last week I wrote an article in regards to the potential trading opportunities for the oil stocks SLB (Schlumberger) and CXO (Concho Resources). Another oil stock that has caught my eye is RIG (Transocean). So, let’s take a look at the 1-year chart of RIG (Transocean) below with my added notations: RIG has created a… Continue Reading »