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200 Day Moving Average Support appears for SLB after 0.72% move
SLB posted a 0.72% loss on Friday, October 31st, accompanied by 0.8× normal trading volume. Multiple bullish signals emerged — 200 DMA Support and Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 35.71, 35.37 & 34.96, with resistance at 36.47, 36.88 & 37.22. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of SLB: B
There’s more where that came from. See all of today’s signals for SLB here.
Read full article here »