Monday, August 6, 2007

Transocean Selloff Presents Buying Opportunity

7 Trading Ideas for Monday


5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.

Transocean (NYSE:RIG)

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