(News Bulletin 247) – A clearly affirmed bullish momentum on the SCHLUMBERGER share will invite active investors to position themselves for the purchase, within the framework of a swing trading operation.

KEY GRAPHIC ELEMENTS

The graphic analysis in daily data of the SCHLUMBERGER share makes it possible to identify a bullish trend in the short term as well as in the medium term. The support at €39,900 corresponds to a major chart threshold. In terms of trend indicators, the 20-day moving average (in dark blue) acts as a support for prices. The trading volume is on the rise, a technical data favorable to our anticipation. The technical reading in Japanese candlesticks helps to identify a pattern in marubozu white dating from the session of 07/07/2023. According to the analysis of Japanese candlesticks, the white marabozu has positive consequences for prices. This remarkable candle, a marker of continued mobilization of the buying camp throughout the session, experienced an aftershock on July 27, coupled with an encompassing structure.

FORECAST

Considering the key chart factors we have mentioned, our opinion is bullish on SCHLUMBERGER stock in the short term.

Active investors will take a buying position on the SCHLUMBERGER share price at €54,490 with a target of €69,990 in sight. They will protect their capital by placing a stop at €49,190.

The News Bulletin 247 board

SCHLUMBERGER
Positive 54.490 €
Objective :
69.990 €
Potential :
+28.45%
Stop:
49.190 €
Resistance(s):
70,000 / 75,000
Medium(s):
49,200 / 44,400 / 39,900

CHART IN DAILY DATA

Graphic made from the software Prorealtime

function creatOutbrainJs() {
const creatJs = document.createElement(“script”);
creatJs.defer = true;
creatJs.src = “https://widgets.outbrain.com/outbrain.js”;
return document.body.appendChild(creatJs);
}

window.didomiOnReady = window.didomiOnReady || [];

window.didomiOnReady.push(function(Didomi) {
console.log(“Didomi ready “);

Didomi.getObservableOnUserConsentStatusForVendor(164)
.filter(function (status) { return status !== undefined })
.subscribe(function(consentStatus) {
if (consentStatus === false || consentStatus === true) {
console.log(“Didomi consent -> exécution du script outbrain “, consentStatus);
creatOutbrainJs()
}
});

});