Schlumberger Corrective, Waiting for a Sell Setup

Another one on our list of us energy stocks which we think are currently in a corrective wave.

The first condition we are waiting for is the breaking down and out of the lower trend line . Once that is breached then we will be watching in lower time frames for a retest & rejection or a corrective pattern to sell from.

Once these conditions have been met we will sell short.
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