BDRTrigger33

$HAL Re-Entrance Time: Cycle-Timing, Projecting Next Exit

Long
NYSE:HAL   HALLIBURTON CO
$HAL has been a pet for this trader (Those who are already following yours truly have surely noticed), and the time to re-enter and ride Halliburton has arrived again. A partial re-entrance was made at 15.99 / Full entrance will be here at 16.20.

The last EXIT was at 16.55; substantial gain before a retrace that we all just saw.

The next exit will be eyed at the 17.12 mark; further evaluation of the harmonics to come when it reaches that Fibonacci point, as well.

$USOIL climbed past 43/bar while HAL lingered (even decreasing) - the delayed GAINS now are being reeled in. This is still the same MASSIVE CORRECTION that I first entered at 5.09 per share in mid-March.

Since that point, we have over a 300 percent correction with a bit more to come. The final-point to "stop toying with" HAL will come around 21 per share; that could be a ways away-- projections of that nature are fairly useless unless someone is taking a mega-long call, and even still, there is too much room to even worry about that mark yet. For now, a re-entrance at 16.2 is fine --> The move to 17.12 will gain 92 cents per share on the position!

RECAP of Halliburton plays:

HAL 1st Entry was @5.09 per share
HAL 1st Exit was @12.81 per share
Hal 2nd Entry was @ 12.7 per share
Hal 2nd Exit was @ 16.55 per share
-----
Hal 3rd Entry is @ 15.99, and fully in 16.20 ( Avg cost 16.065)
Hal Potential 3rd Exit @ 17.12 -- Alert set!

HAPPY TRADING, and this time again: MAY THE ODDS BE FOREVER IN YOUR FAVOR!

--BDR
Comment: Adjusting Exit to 17.3; despite down-day for HAL Monday trading session.

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