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Bullish Engulfing appears for SLB after 1.74% move
SLB posted a 1.74% gain on Thursday, June 25th, accompanied by 0.8× normal trading volume. Mixed technical signals appeared with Bullish Engulfing suggesting upside potential, while Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 46.73, 46.05 & 45.67, with resistance at 47.79, 48.17 & 48.85. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of SLB: C
This might just be the start. See what else showed up for SLB today.
Read full article here »