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Schlumberger price extends losses - Forecast today - 18-04-2024
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Schlumberger price extends losses - Forecast today - 18-04-2024
Apr 18, 2024 8:08 AM

Schlumbergers stock price (SLB) was dominated by the main upward trend in the medium term, while the RSI reached oversold levels, with positive signals from the RSI after trespassing the 50-day SMA.

Therefore we expect the stock to return higher and target the pivotal and stubborn resistance of $54.40.

Trend forecast: Likely Bullish

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