SLB is breaking out of a head and shoulders pattern
In this chart I point to main chart pattern in the SLB prices at this moment, that is the head and shoulders. Not only that, but the prices are doing a breakout of this pattern, that I indicate step-by-step at the purple text in the chart.
I am also trying to take some advantage of this movement, and so I bought a very short term put option to try catch some profit from an eventual falling in prices. The put information is in the gray text in the chart.
I am also trying to take some advantage of this movement, and so I bought a very short term put option to try catch some profit from an eventual falling in prices. The put information is in the gray text in the chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.