Trend trade on DO
Why I like this idea:
1. Strong, healthy bullish market structure(higher highs, lower lows for months)
2. Well defined channel
3. Obeying fib retracements well
5. Weekly pivot S1 as support at entry, s2 as support around stop loss
6. Confluence of fib retracements
Entry: 11.55
Stop Loss: 10:39
TP 1: 12.80
TP 2: 13:97
DO: Diamond Offshore Drilling, Inc.
2022-08-10 20:00:00 Diamond Offshore Reports Second Quarter 2022 Results and Announces $6.10 Million in New Contract Awards
Diamond off Shore Drilling
Are we seeing a downfall in diamonds - this could get worse for them as they are looking to become bankrupt file for bankruptcy...
According to a filing with the Securities and Exchange Commission, Diamond Offshore Drilling has elected not to make the semiannual interest payment on its 5.7% senior notes due in 2039. While that...
wait for the buying opportunity.
February 10th EARNINGS REPORT IS A BUY
SURPRISE CURRENTLY
FEB 11th 2019 + 5 0.42
APR 29th 2019 -10 0.53
AUG 5th 2019 +12 0.99
OCT 28th 2019 -4 0.67
FEB 10th 2020 POSITIVE ????? 12 to 16 maybe
THIS IS MY OPINION
with...
Diamond Offshore Drilling Inc fell by -1.84% on the last day ( Wednesday, 11th Dec 2019 ) from $5.98 to $5.87 and has now fallen 3 days in a row. During the day the stock fluctuated 5.34% from a day low at $5.81 to a day high of $6.12. The price has fallen in 5 of the last 10 days but is still up by 2.44% over the past 2 weeks. Volume fell on the last day along...
