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Bull Put Spreads in Oil Services Leader

by Jason Ruchel | Aug 21, 2022

Schlumberger (SLB) has formed an inverted bottoming pattern this summer after crude oil prices corrected back to its 200 EMA. SLB is now poking higher above the monthly value area and saw an 8/21 EMA bull cross last week and closed above the 55 EMA s...

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