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RIG Channel trading right now

Transocean Ltd (Switzerland) (NYSE:RIG)  
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NYSE:RIG   Transocean Ltd (Switzerland)
Trend Analysis Fundamental Analysis energystocks Energy Commodities stockstowatch inflation inflationhedge inflationcycle
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trendanalysis fundamental energystocks energy stockstowatch inflation inflationhedge inflationcycle
RIG still holding a relatively clear channel right now. I think with the discussion on inflation it could get (and seems to have gotten) folded into the "inflation strength" conversation.

"So, why exactly is Transocean a play for inflation? Well, as stated earlier, energy penny stocks have a great amount of demand to contend with. This demand increase could result in increased financials for the coming periods."

Quote Source: Best Penny Stocks to Buy Ahead Of Inflation? 3 To Watch Right Now

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