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RIG : Transocean will get this huge bull runs.Transocean Ltd. (NYSE: RIG) The trend has change lately, Transocean also has attracted the attention of day traders on WallStreetBets.. The stock also has reacted positively to Transocean's agreement with Jurong Shipyard to accept deferred payment on the delayed delivery of two ultra-deepwater drillships. Their own insider director bought 15% more shares.. this is ridiculous.. As an ex-offshore worker, I do know some of the big whales behind the company (Other company) They just sit tight quietly, and can suddenly buy a new ship or anything in one snap.. just like that.. and sell it back in no matter of time.. Back to the chart, the trend has change positively and resisting to fight back with all the resistance. Along with the demand and oil price are growing back, TransOcean can easily back on track on the upper side. Perhaps in the year 2022 starting May it will on the new HH on the chart. Foresee it will easily reach $ 6-8 in the nearest months. Will update time to time with this bullish trend.
CAPITALCOM:RIGLong
by SL-Trades
Malaysian MCO 3.0 effect.Due to Malaysia have decide to run back a total lock down, only some economy areas are open to support sustain the economy. But the inflation and other demands are insisting the economy to fall back in the bearish trend. Luckily the Malaysian government have make an exit recovery plan, and perhaps all it will work soon.. or the economy impact will be in the bad shape. When the economy in the bad shape, the recovery will be hard and more difficult to rise back. In the 6 month ahead is the critical economy pull back, And the government must stick to all the plans that have been made to bring back the economy in the psychological area. There still have supports down, but it will be a hard to bounce back when already below the market price. All the stock market will also impact hard during this session, buying a stock this year is not really worth. All the best for all Malaysian, and investors.. Be safe, stay at home..
INDEX:KLSELong
by SL-Trades
Will the Nat gas Cracking the Resistances ?For the year 2020, it has a bad trade for Nat Gas lately. But, the 2021 witness the Nat gas trade are moving sideways.. In the past month of April'21, a 20% recovery from April lows. this in a good n for Nat gas. I expecting that the trade will grow in this coming weeks, perhaps the trade will cracking the resistance. A stop loss placed at price $ 2.85 This is not an investment advice, and do your own research. Good luck with your trading.
CAPITALCOM:NATURALGASLong
by SL-Trades