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RIG forms New Uptrend on September 17
On Wednesday, September 17th, RIG moved down 2.02% while volume was to 1.3× the usual levels. Multiple bullish signals emerged — New Uptrend and Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 3.33, 3.26 & 3.14, with resistance at 3.52, 3.64 & 3.71. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of RIG: C
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