JuanpiSLD

SLB Technical Analysis

Largo
JuanpiSLD Actualizado   
NYSE:SLB   Schlumberger N.V.
SLB could have possibly went through ABC correction and now has potential for the upside. Indicators looking good and also It has broke through the resistance trend line, however, it could possibly retest it. Watch out for $30 price break.
Comentarios:
It rejected the breakout and price went down due to oil demand fears, although I see a bounce incoming to the upside. SLB is highly undervalued in my opinion.
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