Seadrill LimitedLong
Long SDRL
The downtrend since Sept last year was broken.
There are 2 bullish setups on the daily chart - a cup&handle, which was triggered and a H&S which is forming.
Also there is a gap up to be filled.
My mental stop goes under the handle, which defined position size lower that usually - about 10% of my trading portfolio.
There are 2 bullish setups on the daily chart - a cup&handle, which was triggered and a H&S which is forming.
Also there is a gap up to be filled.
My mental stop goes under the handle, which defined position size lower that usually - about 10% of my trading portfolio.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.