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Is SLB likely to continue lower? Fell Below 20 Day Moving Average shows up after dropping 2.25%
SLB finished lower by 2.25% on Monday, September 15th, trading 0.7 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 34.25, 33.72 & 32.7, with resistance at 35.8, 36.82 & 37.35.
Current SwingTradeBot Technical Rating of SLB: D
Today’s move could mean more—check all the signals for SLB on SwingTradeBot.
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