Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
RIG looks like it's coming off a nice bottom.Thoughts?
it has some nice momentum...that double retest of the 46 level makes me nervous... also sure oil is up at 41.. seems like oil could easily could sell off..
I'd like to see it break the downtrend/descending triangle.but If the market is going to turn.. it should run.
RIG looks like it's coming off a nice bottom.
ReplyDeleteThoughts?
it has some nice momentum...
ReplyDeletethat double retest of the 46 level makes me nervous... also sure oil is up at 41.. seems like oil could easily could sell off..
I'd like to see it break the downtrend/descending triangle.
ReplyDeletebut If the market is going to turn.. it should run.