Nabors Industries breaks out following earnings, levels to watch The shares are up over 10.4% to $20.60 at time of writing. This move above $20 following earnings breaks the top of a trading range that had been in place for more than a year. Typically a break above long-held resistance leads to a sustained move higher over time. At current price, next resistance is at $21.10. Support is at $20.03.
News For NBR From The Last 14 Days
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UBS to hold a conference Houston Energy Bus-less Tour is being held in Houston on September 17-19 with webcasted company presentations to begin on September 17 at 8:30 am; not all company presentations may be webcasted. Webcast Link