SLB has chart support around the $89.00 level. That level was a previous breakout point on the 60 minute chart, which will now be chart support. There is also a rising 200-period moving average (SMA) just below that level. The $89.00 area is a likely intra-day bounce level - for a day trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.