Issued: 06/23/2015
Schlumberger Limited, SLB:
1. In today’s (Tuesday, June 23) Williams edge stock meeting it was noted that Schlumberger Limited (then trading at $87.75) was an aggressive ‘Buy’ for an advance and test/attempt at $94.50 (or higher) into July 2015 (+1 month).
2. Additionally, the week of June 22 (this week) is the ‘on time’ weekly bottom for Schlumberger Limited which is further indication for a multiweek advance of the size and scope indicated above.
3. Aggressive logs should place a protective sell stop at $86.00 or slightly lower. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 07/23/2015
Schlumberger Limited, SLB:
1. Aggressive (only) longs in Schlumberger Limited based upon our Tuesday, June 23 Williams edge stock meeting were stopped out at $86.00 for a small loss on the position. Will message any further entry or indication in Schlumberger Limited.
David Williams