RIG looks like there is a change of character developing. After putting in a low of $1 it has started to slowly move up. It is slightly out of channel now but it has made a series of double bottoms and higher highs and higher lows. Has a lot of work to do but it looks to have filled a gap and created a third double bottom off the swing low and high just above the golden pocket. Not jumping up and down yet, but this could be a sleeper investment.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.