Friday 12 June 2015

Stock of the Day - Transocean Ltd (Trade-Setup) 12/06/15 12:40 am


Entry PointKey LevelProjectionStop Loss
Transocean Ltd17.40(Sell) -16.017.60



Transocean Ltd (5min) - Analysis time: (12:40 am)

Commentary
Transocean Ltd listed on SP500. A Fibonacci Analysis on 5min Chart. Gives us some resistance levels, a entry point at 17.40 and a projection of 16 .  Placing my stops beyond 17.60 . I will get out before market close. Lets see how the market reacts to our levels.

Disclaimer: The trade-setups are my view of the market. I'm in no position to advise you in investing in Futures, Options or other various securities. Any long/short position you take is not my responsibility.





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