Aggressive CounterTrend trade - short impulse - unvolumed T1 level + volumed Sp? + support level + weak test + first bullish bar closed entry Calculated affordable stop limit 1 to 2 R/R take profit Hourly context "- short impulse + volumed T1 level + support level + 1/2 correction" Daily context "+ long impulse + above JOC SOS level? + support level + 1/2...
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.
NYSE:SLB , formerly known as Schlumberger, has announced plans to acquire ChampionX ( NASDAQ:CHX ), a leading provider of chemistry solutions and drilling technology. The acquisition, coupled with a substantial $7 billion shareholder return plan, signals SLB's commitment to driving growth and delivering value to its investors in the years to come. The all-stock...
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.
Reasons for bullish bias: - Price respected strong trendline - Hammer candle formation on the support Entry Level: 50.85 Stop Loss Level: 46.99 Take Profit Level 1: 54.71 Take Profit Level 2: 58.57 Take Profit Level 3: 60.73
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...
This trade has a pattern on M15 and is with the trend, there is a lot of resistance for this short and the stop loss should be above 60.5. There are multiple tops on M15 and M30 with divergence.
SLB consolidating inside an ascending triangle with possible breakout to ATH (all time high) levels above $56 Shrinking Volumes with price in consolidation showing base formation for breakout to higher levels SLB is an outperforming stock in a strong sector $SPN
Who else is waiting for this breakout to happen? If it does, a good target would be $125 and I like the odds. Just look at NYSE:SLB , NYSE:RIG & NYSE:HAL , they have already broke out from there bases. Look for other stocks within this ETF and you will find good set ups. I'm doing it. NYSE:WHD & NYSE:NOV are near pivot points.
Hello Traders Schlumberger SLB - NYSE. Broadening Wedges Ascending Trend : Upward. Formation : Broadening Wedges Formation (In Progress) Possibility : Bullish continuation Probability to hit tragedy: 69.00% Trade Plan. Long / Buy Trade. Entry Level above the red support line @ 46.17 Take Profit - Below the 4 hour support zone @ 61.50 Stop Loss at the...
Schlumberger N.V. ( NYSE:SLB ) Sector: Industrial Services (Oilfield Services/Equipment) Market Capitalization: 71.538B Current Price: $50.45 Breakout price trigger: $52.50 Buy Zone (Top/Bottom Range): $51.00-$47.40 Price Target: $61.20-$62.40 Estimated Duration to Target: 56-60d Contract of Interest: $SLB 12/16/22 55c Trade price as of publish date: $1.63/contract
Finally SLB breaking out from base after more than two weeks about.
SLB Swing Trade - Grade A Strategy Description • Solid earnings + Reaction • In a very strong sector (XLE) • Huge daily level with not much resistance until higher up Market Big Picture • SPX favors the upside until we break below 3638. • Energy plays tend to diverge from SPX, so this is a comfortable swing even if the market is dying and breaks below...
Observing that #SLB is forming a base and with an undercut with quick recovery. Noted that similar happened before,
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.
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,...