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Is SLB showing upside potential? Crossed Above 50 Day Moving Average shows up after rising 3.27%
SLB closed up 3.27% on Thursday, August 6th, with volume running 0.7× below average. The session formed a Crossed Above 50 DMA, often signaling a possible continuation. Key support levels exist at 50.64, 49.74 & 48.84, with resistance at 52.44, 53.33 & 54.23.
Current SwingTradeBot Technical Rating of SLB: A
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