SLB Shortwe can see cross-two MA for this underlying. This makes my idea to short it if it could not break above the moving averages. Personally, I think SLB can start turn into a downtrendShortby orkhanrustamovUpdated 221
Ugly reversalTop chat in the weekly time, bottom chart in the daily timeframe,. Looks that price is heading to the $47 support level. It may drop to the bottom of the channel but the energy sector still strong. I take profit at 47, then I'll see.Shortby ArturoLUpdated 663
SHORT SLB - (ascending triangle+waveC)Last weeks SLB has significant growth, time to cool down. There is huge year ascending triangle with fake breakthrough, elliot waves show correction phase abc. Use 50% entry at half of wave 5 = 57.25, add another 50% at 59. Shortby dilp79Updated 0
$SLB : outperforming stock in strong sectorSLB 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 $SPNLongby PurvishdiwanjiUpdated 10105
$SLB with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $SLB after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%. Shortby EPSMomentum0
SLB D1 –rejection from W1 supply, and from TLSLB D1 –rejection from W1 supply, and from TL. Earnings are coming up.SLB D1 –rejection from W1 supply, and from TL. Earnings are coming up.Shortby Uncertain_Outcome1
Bullish inverted head and shoulders pattern SLB Bullish inverted head and shoulders pattern for SLB , lets see how it plays out.Longby JuanpiSLDUpdated 223
SLB BreakoutNYSE: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. Longby Trend_Trader_JSE0
$SLB VCP$SLB setting up a 6 wk - 16.4/3.4 - 3T VCP pattern. Its industry RS is currently #1 Composite and RS rating >90 Falls under the criteria of @markminervini's Code 33 screen: 3 straight quarters of accelerating earnings, sales and margins.Longby ptcll96108111
Variety/Targets BelowA variety of patterns. Possible Bull Flag, possible cup and a large Rising Wedge that encompasses the trend on the recent chart. The rising wedge (bearish if broken) is not valid as the bottom trendline has not been broken and has acted as a support line. Price can break up from a wedge even if it is usually a short lived move. The flag has broken the top trendline but did not do so with a "bang". Targets if the wedge loses this battle are 57.12, 61.7. Targets 2 are 64.9 and 69. Most of oil is in a rising wedge or is sitting over a wedge so rising wedges are common in this industry right now. Yet they continue to rise and the bottom trendlines remain in tact for most. There will be a reckoning at some point though. )o: No recommendation by lauralea111
$SLB Stage 2 base$SLB bear market? what bear market? Stage 2 base with 98 relative strength.Longby TaPlot441
$SLB in a consolidation period$SLB has been consolidating since October 25, 2022 in this channel. MACD is about to turn over and sellers are cooling off. The volume is showing that a potential for a move will be ready to run soon. Profit targets are labeled in blue with entry and exit points. Longby GlennTrading1
Going long in Schlumberger SLBHello 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 support level red line @ 41.80 Trail Stop loss on support level as trade progresses. TP = Total PIPS in gain = 15.33 Profit 33.37% Total PIPS in Stop loss = 4.37 Loss 10.94% Regaards,Longby dilsnqamz0
Pullback in SchlumbergerSchlumberger broke out to new multiyear highs last month, and now it’s pulled back. The first pattern on today’s chart is the June peak of $49.83. Strong quarterly results drove the oilfield servicer through that level on October 21. Two retests occurred in November, but it held both times. Has old resistance become new support? Next, SLB is currently trying to form a bullish inside week. That could suggest prices are squeezing before a bigger move occurs. Third, stochastics are back near an oversold condition. Finally, energy remains the top-performing sector in 2022 as crude-oil inventories dwindle. That may keep investors engaged into yearend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation11
10/30/22 SLBSchlumberger 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/contractLongby lord_catnip1
$SLB with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $SLB after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 40%. Longby EPSMomentum112
SLB - New Era Rebranding - Long PositionLong position for SLB - simple plot via linear regression line - coincide with Fibonacci Retracement - making new high to the long position. As long as the price action stay within the gray area making new high and higher high with higher low, trend is up! Longby FizzyHad116
SLB break out from baseFinally SLB breaking out from base after more than two weeks about.Longby Silverbullet121Updated 1
$SLB Swing TradeSLB 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 3638. Intraday Fundamentals • SLB Earnings were rock solid and the stock was up 2.7% premarket + 8% on the day Long Term Technicals • SLB is approaching a massive daily level at 49.83 which if broken successfully with the earnings tailwind, can see 52.94, 59.25, 63.31 ⚒️ Instrument ⚒️ SLB 12/26/22 - 50C @ 3.3 🎯Targets: 52.94, 59.25, 63.31 🩸Stop: Close below 46.69 on the daily Longby KhalRohan110
SLB Currently Entering Short Zone on the weeklyRisk/Reward here is excellent, with stop loss and first PT as pictured. Currently scattering short orders across the red zone.Shortby MicDrop5110
earnings watch 10/21earnings watch 10/21 SLB HCA RF INDB CPF AXP SMPL ALV VZ EEFT Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comby Options3601
SLB weekly indecision candleSLB weekly indecision candle pressure building nice and bearish volume exceeds bullish all the time. Had to take that one. Stop loss above local highs.Shortby MishaSuvorovUpdated 0
Schlumberger Is Pulling BackOilfield-services provider Schlumberger has been grinding higher for weeks. Now amid a brief pullback, it could soon offer buyers a potential opportunity. The first pattern on today’s chart is the series of higher lows since mid-July. SLB hit resistance several times around $37.20 before breaking out on August 23. Traders may look for support to form near the top of that ascending triangle. Next, that potentially important level is near the 200-day simple moving average (SMA). Finally, MACD has been steadily rising. This may suggest that short-term momentum remains bullish. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation14