SLB: Bullish Falling WedgeIf the new administration is going to push “Drill Baby Drill”, then a breakout could be in near future.
This is not advice to buy or sell. Exercise your own due diligence and feel free to share your comments.
SLB - Will Trump Presidency Turn This One Around?2024 has not been a good year for Oil stocks, SLB suffering more than others. But could the drill, baby, drill mantra from the incoming president change the fortunes of SLB and other drillers?
From a Fibonacci perspective, price has fallen 50% of the last impulse wave, sometimes considered an ap
SLB 5M Daytrade Long Aggressive CounterTrend tradeAggressive CounterTrend trade
- short impulse
+ support level
- unvolumed T1 level
+ volumed 2Sp-
- weak test closed below T1
+ first bullish bar closed entry
- target beyond 5M / 1H range
Calculated affordable stop limit
1 to 2 R/R take profit expandable to swing / investment trade
1 Hour Counter
$SLB with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NYSE:SLB after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 62.5%.
SLB best guessingSLB best guessing for 6 months
based on historical trends and levels
willing to get above 60, preferably 70+, most probably might be correlated with oil price grow....
Drill baby drill !!! Hold long termPlanning to enter before earnings on friday. Hold this position for a long term. Target 130$. If Trump wins this stock will go up easily. To be part of my 3 stocks long term portafolio ASML - ALLY - SLB.
Technically analysis. Price breakdown previous support but bounced back. Possibly Double bott
WW3 incoming? SLB - Geopolitical Hedge As the issues in the Middle East continue to deteriorate, it is prudent to look at opportunities in the market in the event of further escalation and rising oil prices.
Technical Analysis
Inverse Head and Shoulders pattern which suggests a possible upside of $200 in the event that oil reaches over
Energy sector is coming back!I just bought a bunch of this. Oil hit an historic support are and is not going where but up. If price pulls back to the demand zone I'll buy more. SL triggers if a weekly candle closes below the support zone.
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Displays a symbol's price movements over previous years to identify recurring trends.