ALERT !! SLB -- Schlumberger Ltd now trading below its 50 day MA -- SLB -- TF = daily -- Bearish Engulfing Alert (on daily) -- SLB -- Schlumberger Ltd. -- SLB has developed a bearish rising wedge and a bearish flag. The company reported the earnings just in line with expectations. The company’s cash flow from operations declined from $568 million in the year-ago quarter to now only $326 million. And now trading below its 20 day MA and now also the 50 day MA.
