Transocean Can see some upside the coming days! pour NYSE:RIG par kickhedge

oil uso hedgefund long swingtrading swing short-term

I like the Rig Transocean chart for a short-term long play. Why do I like oil plays at the moment? Well last week we saw oil making new lows, but the oil stocks aren't making new lows. This is a sign of strength for the sector. Rig is making a bullish pattern on the daily chart and once we can see a spike in oil these stocks will see a 10% bounce.

Don't forget to follow my Youtube updates :

Kristof De Block
Chief investment officer
KickHedge

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.