Mar. 30 at 2:26 PM
$SLB $BKR $HAL # 🛢 THE oil rebuild swing trade right now — My Thesis:
$HAL already ran 7% in 2 sessions. Entry was
$38.75, target was
$42 — that trade is DONE. Don't chase it.
$BKR needs to break its 52-wk high to hit a 10% return.
$FTI is trading at ALL-TIME highs — 10% target means deep into uncharted territory.
$SLB is the clean setup:
✅ Fresh 52-wk high breakout today (
$53.70)
✅ 25 Buy ratings, 1 Sell — Strong Buy consensus
✅ Avg analyst PT
$55.33 | High PT
$70 (Bernstein)
✅ French HQ = political neutrality for Middle East reconstruction contracts
✅ Iraq 2003 playbook:
$0 →
$2B/yr revenue after last major war
✅
$1.5B Kuwait contract just awarded
✅ Q1 miss already pre-announced & priced in — market doesn't care
Entry:
$53.00–
$54.00
Target:
$57.50–
$58.00 (+8–9%)
Stop:
$50.00
R/R: ~1:1.5
⚠️ HARD EXIT BEFORE APRIL 24 — Q1 earnings will show full war disruption impact. This is a macro momentum swing, NOT an earnings hold.
