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Crossed Above 50 Day Moving Average appears for SLB after 3.31% move
SLB posted a 3.31% gain on Thursday, August 6th, accompanied by 1.2× normal trading volume. Crossed Above 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 50.65, 49.74 & 48.85, with resistance at 52.45, 53.34 & 54.25.
Current SwingTradeBot Technical Rating of SLB: A
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