DBX 1D I DBX is breaking out from a possible bull flag on the daily after rumors that it was approached a month ago in attempts to be acquired by another company. LIT 1D I Energy stocks and lithium stocks in general have been overperforming the market for the past two weeks. Watching for a breakout from this downtrend. AMD 1D I AMD is forming a possible bear...
An idea for SLB that shows three areas in red, green, yellow (3,2,1 Respectively) We are currently experiencing a situation that is very similar to the area in red. A recovery back into the channel and further upwards is possible if this pattern continues to repeat itself.
Regarding the move, like how i see the brent going back between 35$ and 25$ this stock should follow the huge drawdown
Is SLB ready for another run-up? RSI is near resistance and if it breaks through I can definitely see another leg up for SLB to go past the 50$ level. Next Earnings are being reported on Friday 22th and most analysts have a positive rating on SLB. Good luck trading! NFA
Nice breakout last week. Waiting for Friday's highs to be taken out and continue to push higher towards top of the triangle.
Energy stocks remain the leading sector in 2022. Today we’re considering another pullback in a major name: oil-field servicer Schlumberger. Like Exxon Mobil yesterday, SLB has retreated from a multiyear high to hold its 50-day simple moving average (SMA). SLB also made a slightly higher low this week versus earlier in the month. (Notice the trendline starting...
Entry: the opening price Stop loss: closing below 36.6 Reward/Risk: Target range: 48-50 Time Frame: 4-12wks Possible gain: 25-30% Possible loss: 5-7% Position size: 5 % of trading capital You can see the most important support(green line) and resistance (red line) levels. Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor,...
$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%)
SLB currently trading in between support and resistance zones. If we have a strong breakout of the $41 area we will most likely see further rally ahead. N.F.A
This chart has a daily flag breakout and a baby pennant breakout within (double whammy?) It looks like it may continue up. They also do cool stuff like autonomous drilling. Seems cool to me
The stock has had a great run since December but is bumping again resistance (for the time being)! I think it is time to take some profit ! Just my opinion :) However if price can clearly break above that resistance then there should be much more potential over the next few months !
With the recent good quarter results announcement , we are seeing new buying interest with price increase gradually. Can SLB reach to 44 then 51 then 64 soon! Let's see - Long for SLB
Energy has been on an absolute tear lately but it can't rise to the sky. It is very overbought according to the oscillators and RSI. I also am eyeing that open gap which lines up right with the 0.50 fib channel retracement level.
Schlumberger (SLB) Q4 December 2021 earnings are on 1/21 at 6:50am. Schlumberger N.V. (SLB) reported Q3 September 2021 earnings of $0.36 per share on revenue of $5.8 billion. Revenue grew 11.2% on a year-over-year basis. The setup was better a few days ago. If there's a pullback around $30, that's a fair level. Here's the price levels on the 1 day chart. Q4...
looks like SLB is forming a beautiful pattern with good momentum behind it. I like how it has crossed and closed over the down trend, but the 38 is sitting just above. I would rather wait for it to base over the 38 then to take it now. Not financial advice
As we can see in the chart there is a big triangle formation that is developing and if broken to the upside we will most likely see SLB at the 40$ levels.
The red line shows a lower high followed by a subsequent decline which is approaching the neckline of a double bottom formation. If the neckline (dotted yellow) breaks then the theory goes that the decline should be equal to the distance between the peak and trough of the high and the neckline, as labelled on the chart by the profit target. The decline could...
Price reject from the suport zone, retracement stalled around fib area. Some bounce can be expected.