Sunday, March 1, 2009

Transocean (RIG) - Ascending triangle trade / Operacion en triangulo ascendente



English-
RIG - Battle can be seen between buyers and sellers at the lateral resistance line of this triangle formacion. A break above the line (62.40) would signal a buy with a target 68.00 for the near term. One can also trade inside the triangle, a buy above 60.00 for a scalp trade to 62.00. If RIG fails to break out of the resistance line, you can look for shorting opportunities once the uptrend line (green line) is broken.


Español-
RIG - Se puede ver la lucha de compradores contra vendedores en la linea de resistencia de este triangulo. Una ruptura por encima de la resitencia (62.40) da la señal de compra con el objetivo de 68.00 al corto plazo. Uno tambien puede operar adentro de este triangulo, una compra por encima de 60.00 para intradia con objetivo a 62.00. Si RIG falla en resistencia, se puede buscar oportunidad para operaciones en cortos cuando la linea alcista (verder) sea rota.

Posted by Alpha Lobo Trading at 4:39 PM

1 ADD COMMENT / COMENTAR:

Alpha Lobo Trading,  March 2, 2009 at 1:17 PM  

RIG - failed and breaks the support line, this is now a short trade. Note that the price's posted for longs did not activate, so no longs were entered.

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