SLB Limited
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SLB: Bounce Loading or Basement Dive?

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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!
Заметка
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 this
Заметка
support area held so far, time for the next wave
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59.44 hit & more to come

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