Seadrill Limited
做多

Seadrill [SDRL]

310
Stock went down from very high price to $1.57. Consolidation in progress.
This chart show that a good company can have a bad stock... I think this is a corrective movement after hit the $1.57 ATL
Flat to the upside... so, I do give a bigger probability to the ABC correction rather than impusle wave.

This is a daily chart but count based on weekly. Let's see how it will develop...

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