Add RIG to Your Close Watch List
Posted on Tue 12th Dec, 2006 10:37:17 AM
Shares of Transocean (RIG) are up today close to 2% as of 10:29 AM EST. After breaking $80 the stock has seen volume dry out with heightened price volatility. What we are looking for here is a push towards $82 on heavy accumulation type volume. This would resemble strength in the stock and a buy in some traders books. Transocean is a Oilgas-drilling stock. High today is $81.50. Chart Attached.
