Profit From Prices stock signals

September 21, 2007

SLB – Schlumberger- A sell signal to short with

Filed under: Sell, short sell, U Turn — profitfromprices @ 4:24 pm

SLB Stock should be sold

Keep a stoploss at today’s high price. On the chart, you will also see a PFP signal to sell few weeks ago which successfully showed prices sliding from around 96 to 80 level.
Little higher volume would have added much to our confidence. Any way still a sell worth trying. Don’t forget the stoploss though.

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