Halliburton obviously has a large exposure to crude oil prices (see my publication "Crude Oil Bottom"), so a bottom in crude should correspond to a bottom in HAL .
The almost 7 year support line has held to date and provides an added element of safety.
HAL underwent a perfect . In this case the retracement was the "grand-daddy" 61.8% retrace, also know as the golden ratio.
Notice the weekly , which is in the process of a cross.
Although HAL has a relatively low dividend for the energy sector, the P/E looks very attractive; a buy from this level will likely yield a significant and rapid profit.