Keep on Watchlist.

Please note this is only an idea, invest at your own risk.

Currently sitting/fighting a key level of resistance/support at around 31/32.

I would like to see it form a good base and stabilize around this level.

If it surpasses next resistance of previous swing high, at around 34, then I would consider it a good entry point up until 40.

The opening of the economy and summer might have a positive influence on it, so expect moves around these key levels within the next few weeks.

Happy to get feedback on my idea.
Chart PatternsTechnical IndicatorsOilpetrolschlumbergerSLBTrend Analysis

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