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Analysis: #NYSE $BORR
Case 414 #BorrDrilling Limited
Special Request: scepticman via Stocktwits.com
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#BORR 1/4
Case 414 #BorrDrilling Limited
Special Request: scepticman via Stocktwits.com
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#BORR 1/4
Chart 1
Daily Chart: Price broke above Jan. 2020 trendline #resistance but now needs to close/hold above 1.55 which will then target 2.33 (selling interest at both levels) to pivot resistance at 2.63. Further up a .....
BORR 2/4
Daily Chart: Price broke above Jan. 2020 trendline #resistance but now needs to close/hold above 1.55 which will then target 2.33 (selling interest at both levels) to pivot resistance at 2.63. Further up a .....
BORR 2/4
..... #confluence of resistance #Fib. 0.382, synthetic and SMA 200 at 3.63, 3.60 & 3.42 respectively. A close above the former targets 5.73-6.06. Immediate #support at 0.86 (Mar. 2020 TL) then 0.54 (buying int.) and then Mar.2020 #pivot at 0.41.
BORR 3/4
BORR 3/4
