BDRTrigger33

Natural Exit-Point from $HAL Presenting Itself (Again)

Short
NYSE:HAL   HALLIBURTON CO
$HAL has finally spiked that elusive 16/s mark it flirted wtih ever so briefly before. Now marks a graceful point to TAKE PROFIT and exit this position. Market volatility is high and $USOIL has struggled to surpass and claim 42+ per barrel.

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 will be 16+ per share

The game isn't done with this one, but we're marking a point here as it has thrived against a few indicators that all seem to indicate otherwise ( USOIL Trending down, Market Volatility , and mirror-industry stocks such as $LBRT). We will chart $HAL carefully over the next while though with a pet this long-standing I personally don't need the alerts even. The hope is to see $HAL retrace sub-13/s, but before further analysis is done this is nothing more than a rough guesstimate at the downward trend anticipated in reaction to HAL thriving w/ so many lingering issues in the COVID correction season.

HAPPY TRADING!
Comment: Exited @ 16.55 this morning. Feeling pretty decent about it; tho it has "room to run"...also it is very volatile. GL everyone.

Comments

Congrats on your gains! That was well done. I just did a study on it today. wish i had this on my watch list before. I see it still in a technical uptrend here above the 20,50 100 MA, indicating strong Uptrend on multiple time frames , it reclaimed the 200 ma for longer term trend signal. it close highest on Friday since mid Feb showing improving price momentum as well , Relativ strength is also looking good. So I belive it still shows Favorable Longer term Reward vs. Risk .
+1 Reply
@Rimas54, It definitely has some room to run, and I am still in on LBRT w/ nearly identical harmonics but a bigger correction (presumably).
Reply
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