Analyzing the options chain and the chart patterns of SLB Schlumberger Limited prior to the earnings report this week,
I would consider purchasing the 54usd strike price in the money Puts with
an expiration date of 2024-4-19,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
A failed dragon turned into a beautiful falling 3 drives pattern with bullish divergence all happening at a long respected demand line.
Easy trade to size up risk on, again never know what will happen.
Unfortunately this is one again that we took and posted in the community two weeks ago. It would be equitable now if you played it to the high or third target.
Schlumberger Limited (NYSE: NYSE:SLB ), a world-renowned oilfield services provider, has concluded a remarkable year, surpassing analysts' estimates for quarterly profit and showcasing robust growth in its international business. Despite geopolitical uncertainties and regional tensions, NYSE:SLB 's CEO, Olivier Le Peuch, remains optimistic about the company's...
Analyzing the options chain and the chart patterns of SLB Schlumberger Limited prior to the earnings report this week,
I would consider purchasing the 61usd strike price Calls with
an expiration date of 2023-11-3,
for a premium of approximately $1.69.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
NYSE:SLB closed above the area of value yesterday, it opened above this level. Yesterday's volume was above average. Note that it's CPI day today, anything is possible.
$SLB pennant consolidation within its high tight flag formation is still in making. on monthly, it has just barely traded beyond its breakout level of the inverse h&s pattern. textbook measured move is $53, another +37% away. ER Q4''21 (YoY)EPS 0.41 (+86%)Sales 6.22b (+13%)
Please note this is only an idea, invest at your own risk.
Currently sitting/fighting a key level of resistance/support at around 31/32.
I would like to see it form a good base and stabilize around this level.
If it surpasses next resistance of previous swing high, at around 34, then I would consider it a good entry point up until 40.
The opening of the...
technically this is a good trade for a quick buck. median value is 26 its currently traded at 14. down side 10%
upside 80/100%. market is trying to stablize and find bottom so we can see price go up fairly quickly due to increased volatility.
![SLB: [SLB] SCHLUMBERGER BUY SETUP](https://s3.tradingview.com/z/zuXgFzUw_mid.png "[SLB] SCHLUMBERGER BUY SETUP")
