After tagging my target around $60, SLB (Schlumberger) has been chillin’ in consolidation mode for a while now. We’re sitting on a solid support zone, and honestly, the odds of a bounce look better than a full-on dump here. Textbook vibes too—Fibo 0.618 lands right around $31, which lines up perfectly if this is where it decides to base out.
If we do get the bounce, next stop could be in the $90–$95 range. 🚀 On the flip side though… if this thing keeps bleeding, we might not see a floor until the $20–$22 area.
I’ve got a position, so here’s to hoping we take the high road! 🤞Good luck out there!
If we do get the bounce, next stop could be in the $90–$95 range. 🚀 On the flip side though… if this thing keeps bleeding, we might not see a floor until the $20–$22 area.
I’ve got a position, so here’s to hoping we take the high road! 🤞Good luck out there!
Note
still waiting for the movement towards the first target of $59.44. Losing the support will dump the price towards 22 and 16 respectively. I'm still on optimistic side on thisNote
support area held so far, time for the next waveTransaction en cours
59.44 hit & more to come
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.