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The_Cannalyst

HAL: Target 47$?

Long
Halliburton Company (NYSE:HAL)  
The_Cannalyst Updated   
NYSE:HAL   Halliburton Company
25
4
The midterm chart seems to be bullish for me. The uptrend is full intact, the stock closed near the last high, the last "2". Perhaps, a long position can be opended, if HAL can rise above the last high. TP could be 47$

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Introduction into 1-2-3 Trading Pattern
Comment:
After the exspected Breakout, we saw a retest of the breakout Level, and now there is the MOVE! It`s time to install or adjust your SL for that Long Position. For me, SL= 41$ is a thinkable SL-Level.
Comment:
TP reached!
Trade closed: target reached

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