Ocean Rig UDW Inc.(NASDAQ:ORIG) $ORIG POSSIBLE BULLISH SETUP, 5TH WAVE ABOVE 0.75 INCOMING August 12, 2016 Shares of Ocean Rig UDW Inc. ORIG, were nearly halved in premarket trade Friday, after the oil services company said it would continue to explore reorganization strategies that could include bankruptcy given the continuation of "extremely negative" market...
Global news can say whatever you want . It is not physical oil . This are futures . and future's price is constituted by those who trade these futures - banks. There are 3 major traders in the market of oil - JPMorgan , Goldman Sachs, Citi, in their turn they are getting money from the Federal Reserve System . And the Federal Reserve System has only two targets -...
If this weeks weekly candle closes above the 20 EMA. I will be looking for a retest of the 20 EMA. Once the following candle retests the 20 EMA this confirms a buy for me towards a price of 1.35. Stop loss will be under the 20 EMA.
Hello there! USoil broke above the low of proposed wave 1 invalidating the previous daily chart count. It also broke above the white resistance line. We are in historic moment of possible dramatic change of the market. If we really finished - then get ready for a long move upside (green lines). Another option is that we just finished subwave (a) and now in...
Look forward for further downtrend movement below $ 34.10, curves following as Retrograde Mercury in Earth sign this time too strong is in action till Jan, 25