AcornWealthCorp

RIG- Short from 10.87 to 9.77

Short
NYSE:RIG   Transocean Ltd (Switzerland)
1
RIG broke down from upward channel. We have EMA lines (5 & 9) cross down & declining money-flow. Crossing down MA 50 with strong volume suggesting strong downward momentum.
Our first target is 9.77

You can check our detailed analysis on RIG in the trading room/ Executive summery link here-
www.youtube.com/watch?v=-6GOveJB...
Time Span: 3:10"
Trade Status: Trade is entered (Jul 28th) & running in small profit.

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