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Long SLB & Some Other Energy Plays To Consider



May 25, 2011 – Comments (0) | RELATED TICKERS: SLB , DNR , NFLX

After taking profits in all my positions except for Family Dollar (FDO), which included NFLX (+5.3%), GLD (+0.6%), ANV (+1.9%), and CMI (+3.2%), I decided to get into Schlumberger (SLB) at $84.17. I like the trade a lot and has the potential to make a run to $88 in the very short-term. I've also included a few other energy plays below with ideal entry prices. They are all exhibiting good volume readings and chart setups. 

Here's the SLB Chart Analysis.

Here's the Energy Plays I am Watching.


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