Halliburton: Looking Good For A Very Promising Short!

206 5 5

We are in key levels for a short from this level. With oil             prices lowering among other factors, HA is fundamentally and technically armed for a promising short to the downside. Confluences tend to work on this stock, and have had good moves in confluence situations in the past.

Very promising indeed. There may be a flag set up occurring also, giving us an extension target, but I will leave this up to you traders to make your own target selection(s).

Best of luck,
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Advance looks solid.
veryyyyyyyyyyy good.
+1 Reply
TomProTrader Andrew_Lloyd
Thanks squirt
claydoctor TomProTrader
How low do we go? How sure are you of that trend channel support? Just wondering. (40?)
TomProTrader claydoctor
Unsure of this information. I downgraded this stock to a hold after a host of fundamental factors supported upside activity, so no purchase was made at any time.
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