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Schlumberger Trading Analysis (02/07/2024)

02.07.2024

Market Review

The trend is down. The stock trades in the range between 365 and 135 ЕМА. The upward truncated wave structure ended with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought condition.

Schlumberger stock price chart

Trading idea:

  • Buy at the breach of 46.45.
  • Stop-loss at 47.67.
  • Price targets at 45.20 and 42.77.


#schlumberger #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Penulis: GC
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