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RIG technical Breakdown on Lower guidance

Transocean Ltd (Switzerland) (NYSE:RIG)  
Trading-Capital  
NYSE:RIG   Transocean Ltd (Switzerland)
Trend Analysis Chart Patterns RIG XLE XOM Oil Energy Commodities SPDR S&P 500 ETF (SPY) IWM QQQ trade
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trendanalysis chartpattern rig xle xom oil energy spy iwm qqq trade
RIG may be signaling some weakness in the energy sector.

This heavily indebted stock has massive movement when oil is strong but the same can be said when oil is wweak.

Poor guidance knocking & breaking the trend...On watch for continuation.
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