Pairs Trading & Looking Deep Under The Ocean (DO – RIG)

Tom Cook

(Diamond Offshore – Trans Ocean) It looks like these two oil giants, have found some nice consolidation going back to February of this year. My expectation is to see this pair move between 0.40+/- to 0.50+/- above and below the 10 SMA. Right now, I would not be surprised to see the pair give us […]

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