RIG Mega Profits Secured

RIG is a high beta oil stock. We secured profits today and looking for another entry.

With the recent breakout and upside momentum in oil, this name caught a massive bid.

Crude oil has seen a sharp rise in just the last week and shaping up for a continuation move higher.

If this breakout holds energy stocks should continue to fly.

WTI has its first major resistance level coming up within 1% from current price.

Look for pullback buys in energy if oil continue to hold the inverse head & shoulder breakout.