Whats up Traders -
Looking out here at a 'swing trade'.
I'm fully expecting:
Long Halliburton / Oil is a solid low risk - high reward play here IMO.
Looking out here at a 'swing trade'.
I'm fully expecting:
- oil prices to rise
Production to stay curtailed
The Iranian sanction lift to go off without a bearish pressure on the oil industry.
Summer Demand / increasing demand to cause shortages
Prices to Spike
Oil Companies profit outlooks to rise
Long Halliburton / Oil is a solid low risk - high reward play here IMO.
Comment:
Idea is holding strong - be on the look out for rising oil prices.