Replies to post #296 on Seadrill Ltd (SDRL)

[Slyder75]

http://scharts.co/1DUlpNl

http://www.investopedia.com/ask/answers/189.asp

What happened to this stock when they announced dividend suspension was the linkable investopedia article above. $20 is the minimum this will be in very short order.

The weekly chart is deeply oversold, and the crossing up of the MACD and RSI says one thing...

PLENTY OF ROOM TO RUN! After we get through $14.25 on the weekly, y'all better find a helmet for earnings, cause if you're on this rocket when that happens, you may get concussed slamming off the $20 resistance :-D

AMHO of course, and I'm just sayin'

[80sMovieBadGuy]

It's cheap enough now to warrant a small risk IMO. I should have bought at $9 like I was telling myself. Oh well.