RIG 60 minute Jan 21st
With the $USD trading down today & still expecting a nice bounce in oil, RIG (Transocean Ltd) looks poised to break out above the aforementioned 60-min bullish falling wedge pattern anytime now, providing the next objective entry or add-on to the existing long trade.
RIG was one of several long trade ideas mentioned back on January 13th, all of which continued to look poised for at least a nice counter-trend bounce.