ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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Lee Lichterman III

To: Lee Lichterman III who wrote (11701)	11/19/2020 9:02:10 AM
From: ajtj99	1 Recommendation Read Replies (1) of 97984

Here's the Stockcharts iteration of the SLB daily. Note the red candlestick from yesterday. Also, there are two lines that may be in play if it is correcting. There is a lower channel line, currently around $17.50 and rising, and a falling support/resistance line, currently around $17.90 and falling. I think price may consolidate from here and eventually tag the 200-day SMA, currently at $18.66 and falling, and the rising channel line. We'll see.

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