mazer_rackham
Long

SLB breaks to right of Weekly TL

NYSE:SLB   SCHLUMBERGER LTD
Oil             has seen its lows, Iran saying it will go along with production freeze could lead to higher oil             prices I believe, so SLB             is the safest oil             play. Would take small stake here and buy larger stake upon breakout of consolidation of prices in 3 to 4 weeks.

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