Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 5/16/2013, 8 days ago, when the stock price was 39.9000. Since then SDRL has risen by +0.05%.
Market Outlook
The market is not a friend of the bulls anymore. The bearish signs are increasing and the odds for a downside breakout is non-negligible.