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Oil Services Stocks Rebound



February 25, 2011 – Comments (0)

The Oil Services Holders Trust(NYSE:OIH) is trading higher by $1.08 to $159.78 a share this morning. This is a slight up-tick today after a three day slide from the $165.00 high made on February 22, 2011. Traders can watch for intra-day resistance around the $160.50 and $161.80 levels. Both areas could see intra-day pullbacks.

Schlumberger Ltd.(NYSE:SLB) is trading trading higher this morning by $1.08 to $90.73 a share. This stock should have intra-day resistance around the $91.75 level. Traders should watch for an intra-day pullback around that level.

Halliburton Co,(NYSE:HAL) is moving higher this morning by 0.42 cents to $45.97 a share. This stock should face intra-day resistance around the $46.50 area. Trader must watch for an intra-day pullback from this level.

Nicholas Santiago

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