Aug. 4 at 12:19 AM
SLB Limited
$SLB $49.06 (8hr)
Bullish Flow: Institutional call sweeps hitting the Ask across near-term and back-month expirations (
$49 to
$52.50 strikes), indicating strong accumulation right at structural trendline support. 🐂 💧
Bull Key Level:
$52.45 (Bull confirmation to break immediate overhead resistance and drive trend continuation) 🐂 🔥
Bear Key Level:
$46.25 (Key structural support floor and multi-week demand level to defend) 🐻 ⚠️
Targets:
$55.00 /
$58.50 💰 💸
Why: Technical structure highlights a clean base building off local demand zones on the 8h timeframe. Sustained acceptance above active value areas keeps buyers in control of the upward rotation.
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