Report
Louis-Clément AZAIS d'UHART
EUR 111.24 For Business Accounts Only

Short term view - TRANSOCEAN LTD : The moving average is capping prices.

The trend is still bearish, the invalidation level is above CHF 13.00. The target is at CHF 10.80.

Arguments :
- The 62% retracement has been passed.
- The moving average is capping prices.
- Prices are evolving within an descending channel.
Underlying
Transocean Ltd.

Provider
Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

Analysts
Louis-Clément AZAIS d'UHART

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