TraderTate + 186 TS January 5, 2018 TheStreet is eyeing these two giant oilfield services stocks--SLB and HAL--for breakouts on positive tax news and rising oil prices ... Any takers? 1 Quote Share this post Link to post Share on other sites
Carlsbad + 19 CB January 5, 2018 Saw that, too but have a hard time following the technical indicators. Not my thing, so feel like I'm left in the dark. Quote Share this post Link to post Share on other sites
TraderTate + 186 TS January 5, 2018 I skipped over the Fibonacci retracement in the Street report, but I love the MACD indicator:  Both firms saw their daily moving average convergence divergence (MACD) turn bullish in late November. Again, though, when taking a look at money flow, Halliburton is further along in its recovery than Schlumberger, and is actually starting to show some green. That has led to relative strength that indicates an overbought condition. Schlumberger is not quite there yet. https://www.thestreet.com/story/14431173/1/schlumberger-and-halliburton-show-stark-differences.html  Quote Share this post Link to post Share on other sites
Carlsbad + 19 CB January 5, 2018 So basically, they're saying SLB is a better play based on technicals ... but what about fundamentals? Do fundamentals even matter anymore in the traders' world? Quote Share this post Link to post Share on other sites
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