Jun. 28 at 4:04 AM
$SLB is under pressure and currently testing the structural integrity of its recent range. As the world’s leading oilfield services titan, the company is a massive profit machine, consistently delivering strong earnings across global drilling projects.
Looking at the structure —we’ve cracked the trendline and are now hunting for a stable floor. 📉🏗️
Bull Key Levels: We need a decisive reclaim of
$47.45 and
$48.30 to flip the momentum. 🐂💪
Bear Key Levels: All eyes on
$46.25; if this support fails, we look toward
$45.20. 🐻⚠️
Take Profit Targets:
$49.80 and
$51.50 are my next zones of interest. 🎯🚀
#hovdid #Trading #EnergyMarkets #TechnicalAnalysis