Chart of the Day: Transocean (RIG)

Chart of the Day today is Transocean (RIG).  It broke above short term resistance and on strong price action the other thing important to a break out is volume.  Volume  was up 175% over yesterdays volume indicating institutional support.




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Disclaimer: This article is intended to be informative and does not constitute a buy, hold, or sell recommendation., and should not be construed as personalized advice as it does not take into account your specific situation or objectives