feveromo

RIG - daily breakout

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NYSE:RIG   Transocean Ltd (Switzerland)
Just a cheap little midcap play. Wouldn't really do options on this. Small daily breakout. Oil's been pumping (haha) nonstop so maybe it's got a little juice left in it. It's trading at a decently fair value right now so I don't expect any major runs on this. But could be something to park some cash in for a while if waiting for broader markets to move

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