with tech development on certain chip development, recent studies insuring the markets favour towards a break through
CLB core labs is ripping out of an accumulation pattern and above strong resistance at the 32 zone. I like it long above 32 , already up 9% on the day, will continue to add on dips.
Really loving how this played off my last update, going to keep watching, however I locked in profits at this level i continued about 25% of the position// I AM NOT a financial advisor nor am i suggesting to anyone that they take any action this is for entertainment purposes only// My prediction is that it gets beat down off this fibonacci zone and then makes...
Currently owned at 93% of all outstanding shares by institutional investors and 1.1% of insider investors own shares. Gross revenue: 668 Million Price/Sales: 1.93 Net income: +101.98 Million Earnings per share: $1.79 Price/Earnings: 15.54 Net Margins: -19 % Return on equity: 45 % Return on assets: 6.74 % volatility compared to S&P 500: 238
CLB has been running into strong resistance at around the $36.30 level since mid-Jan. However, there is darn near zero historical resistance between that and the $47.30 level, and decent reason to believe the current resistance will be broken in the coming weeks. For the past couple of weeks, prices have been moving into a momentum squeeze, indicating a break one...
NYSE:CLB While indicators and analysts are advising to short it, I'll go to long above $10.8.
Great long potential. Stop-loss if a daily close under 46$.
CLB - small money 55% sale in march - Target 27.23. Possible Bear Flag. Possible short below 59.87. Stop signal 67.23
Yesterday the price close above the breakout line.