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Uptrend Call Working As Transocean Stock Rises 18.2% (RIG)
[January 25, 2013]

Uptrend Call Working As Transocean Stock Rises 18.2% (RIG)

Jan 25, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Transocean (NYSE:RIG) on January 3rd, 2013 at $47.77. In approximately 3 weeks, Transocean has returned 18.17% as of today's recent price of $56.45.

Over the past year, Transocean has traded in a range of $39.32 to $59.03 and is now at $56.45, 44% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.1%.

Transocean Ltd. is an offshore drilling contractor. The Company owns or operates mobile offshore drilling units, inland drilling barges, and other assets utilized in the support of offshore drilling activities worldwide. Transocean specializes in technically demanding segments of the offshore drilling business, including deepwater and harsh environment drilling services.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Transocean shares.Log in and add Transocean (RIG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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