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bigoyal

Basic trend analysis of HAL

Long
Halliburton Company (BATS:HAL)  
bigoyal  
BATS:HAL   Halliburton Company
Support and Resistance Trend Lines
3
0
supportandresistance trendline
HAL forming a beautiful upward trend since last 3 years. If we follow this pattern, it should reach around $43 in next 1~2 months. Also, SMA 7 just crossed SMA 22. Another price rise will confirm this.
Be cautious at around $43, as there is a strong resistance at that level.
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