schlumberger Long

Schlumberger N.V.NYSE

Description

⋅ Mar 26, 2020 8:04 AM

technically this is a good trade for a quick buck. median value is 26 its currently traded at 14. down side 10%
upside 80/100%. market is trying to stablize and find bottom so we can see price go up fairly quickly due to increased volatility.

Comments

jbx

⋅ Mar 30, 2020 11:58 AM

Not with the current fundamentals. Oil price is too low, and a capex cut of 30% does not promise a recovery any time soon.