Bought 20% SLB @ 35.41 Stop @ $34.47 Target @ $44.60 SLB is sitting at lows not seen since 2009. It gave us a 2B low the other day with a bottom at $35.00. It’s certainly possible that this support won’t hold, but with oil at $45 levels this trade has a solid reward-to-risk ratio from here. If oil rallies, SLB will rally. If the stock market rallies, SLB should rally. Additionally, the stock has … read more Trade Alert
To access this post, you must purchase Wanderer Financial Two-Year Membership, The Full Timer – Monthly or The Full Timer – Annual. If you have already purchased a subscription, please log in to view the content (login link in menu and footer). log in