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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Tulvio Durand who wrote (19837)4/21/1998 1:04:00 PM
From: Broken_Clock  Respond to of 95453
 
Tulvio...I can't say to that but today is looking a lot better for the drillers. CDG is now making its first new high since December. 48+

SLB is trying very hard to break the downtrend channel its been in since January. It has good volume and is right at resistance. Even an intraday high of 79. 3/4 or so will in effect be the first real break above resistance in 4 months.



To: Tulvio Durand who wrote (19837)4/21/1998 1:09:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Several of the stocks which were bumping against resistance have now punched through or are on the verge. That doesn't mean they can't retest those areas as support, but it is a positive. Some which I am tracking include:

DO at 48
ESV at 28
NE at 33 1/2 (approx)
MDCO at 24 (broken out)
VRC at 28 (broken out)
RON at 64

I picked up some NBR today. I really liked their report yesterday.