I think $HAL is poised to rise up to 50% from here, it tested a monthly support and held up, and is now shooting up with oil coming out of a correction. I'm entering positions at market open, and looking to add over time as the trend develops, if it does bottom here as I see it now.
Best of luck,
Whats up Guys,
See the chart - Interesting developments here. We made some money on a HAL CALL option earlier in the week on this. Very interested in what is going to happen as we approach the upper red line. Keeping a close eye on this for an opportunity.
OIH is a very similar chart -
Hulliburton Company (HUL) has reached the 200-day Simple Moving Average, and this happens about one time a year. In last five years, the price has almost always broken the SMA (5 breakouts vs 2 bounces) resulting in big movement over the next few weeks. Will it be the same this time as well?
Halliburton reported in its last quarter operations for $365 million, or $0.42 per diluted share. If we compare the income from continuing operations of second quarter 2017 around $28 million, or $0.03 per diluted share and compare with Crude Oil price, we can see how the pressure is correlating, but at the same time we have to keep in mind my forecast for WTI on ...
Hi guys. I'm seeing some serious strength here in the pattern that HAL is showing. I humbly don't recommend shorting here but should a pullback occur it could be a good long trade. May the plants in your gardens grow tall and strong.