Earnings spike: SLB

By norok
Wizard
Updated
The volatile spike on earnings at a key retracement level on SLB triggered a long setup to retest the high.
Trade closed: stop reached
Did not work. Problem was price bouncing off the Daily resistance of the 50% move of the COVID crash. Just didn't have the momentum to break it with today's market volatility.
50retracementSLBspike-tradingTrend Analysis
norok
Wizard
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