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July 2, 2009

Schlumberger Ltd (SLB) Chart – July 2, 2009

Filed under: Basic Materials - 02 Jul 2009

I charted Schlumberger Ltd (NYSE:SLB) at 10:36 am today.

Opinion – SLB gapped down and has broken support of its 10, 20 and 50 day moving averages lately, but it has three trend lines showing support just above $51.00.  I’m long …

May 5, 2009

SLB Chart – May 5, 2009

Filed under: Uncategorized - 05 May 2009

I drew the following chart of Schlumberger Ltd (NYSE: SLB) around 1:00 pm on May 5, 2009.  Disclosure: I sold an option strangle on SLB yesterday.

SLB is trading near the high end of the …