WillN12416
Long

Long HAL - Long Oil

NYSE:HAL   HALLIBURTON CO
Whats up Traders -

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.
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