Foren & Soziale Netzwerke zur TRANSOCEAN Aktie

 

Transocean Ltd (RIG) is a leading offshore drilling contractor that operates deepwater and ultra-deepwater rigs for major energy companies. The company grows by securing long-term contracts, improving fleet utilization, and benefiting from rising demand for offshore oil production. Its high-spec rigs position it well as energy companies invest in large-scale offshore projects. On the chart, RIG printed a confirmation bar with increasing volume as price moved above the .236 Fibonacci level and into the momentum zone. A trailing stop can be established using Fibonacci levels on the Fibonacci snap tool, helping manage risk while allowing momentum to continue.

? You might be surprised by what I'm about to say now. A few weeks ago, I took a long position, and it's already in solid profit. Here's the reasoning behind the trade. The oil era is not ending, it is evolving. ExxonMobil and OPEC now expect global oil demand to continue growing well beyond 2030, potentially even past 2050. Even the IEA and BP , once forecasting peak demand, have revised their outlooks upward. The key question is no longer demand. It's supply. The Critical Shift: Deepwater Most conventional onshore fields have already peaked. Future production growth is increasingly dependent on: Offshore deepwater Ultra-deepwater basins These are long-cycle, capital-intensive projects with high barriers to entry — but once operational, they deliver stable production for decades. The Underappreciated Supply Constraint Around 2020, shipyards effectively stopped building new deepwater rigs. Why? Because the prevailing assumption was that: NSE:OIL demand was about to peak The energy transition

NYSE:RIG is approaching its 200-week smoothed moving average. I will be watching for a clear break and support on it. The last time this occurred, the stock doubled. With growing recent volume, a strong uptrend appears to be in play. This narrative could develop significantly if geopolitics continue to push oil and gas. Additionally, D. E. Shaw upped their holdings of NYSE:RIG by +1,000% last quarter, which I like to see.

looking great risk vs reward. Be mindful this is a weekly chart and this name moves slowly. We need them to meet their operational commitments including fleet utilization which may be a trigger for this wave 3. MACD weekly approaching 0 line while we are at a bottom of a potential wave 2. Moving above the 0 line may increase momentum here, paired up with an RSI of 50 if we get there. Downside - Hoping on the daily we are not on a bearish flag that could be a potential wave 4 to the downside. We need to get above the volume shelf at 3.7.