RIG breakout on April 8, 2026
RIG appeared in the breakout scanner on April 8, 2026 as a breakouts in Energy. It came in on a powerful prior leg-up of 121% before consolidating for about 6 trading days. That made it a setup to watch, not a signal to buy. The chart below is shown as of April 8, 2026: the base into the breakout, not the move that followed.
What the scanner checked
RIG had a big prior momentum move (not bottom-fishing), then consolidated in a recognizable base with a tightening price range before clearing it. Those are the same rules covered in the study course and drilled on real historical charts. A candidate passing the rules is a setup to watch, not a recommendation to buy.
Archived scan output, published with a delay. Not the live intraday list, and not a recommendation to buy or sell. For educational purposes only; not financial advice.