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Halliburton Technical Analysis: Short-term Rebound!

NYSE:HAL   HALLIBURTON CO
577 0 4
Halliburton             Technical Analysis

- The price completed a double bottom formation
-50-days SMA breakout
-Trend line breakout
-Earlier bullish divergence on RSI momentum

Potential first upside target could be near 47.80-48.00 resistance area .. 41.00 level could be the invalidation level for this idea.

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