Seadrill Partners LLC. (fka SDLPQ)

[trade_stocks_daily]

I think this is a buy but trend still down but looks close. May get a short term pop (6 weeks) to 15.59. longer term better, but I would flip play and keep a stash. Over a year you could double/triple assets with a few pops and a nice run. Buying long is a matter of how much bottoming can you handle. They seem to be short on cash and still need 500M after selling rig for 750 M. Analysts all down graded in April. I play bottom plays and looks like a good one. Daily macd positive. The weekly negative macd bothersome, but you may see some money leaving S&P and going to oil, gold, silver, platinum. Look for a run down in am 1st hour the short term charts will shape up after opening. They like the long candles in am feed on that bottom and watch L2. GOOD LUCK.