Halliburton has trended up despite inconsistent oil prices, and it is just under 12/share.
We expect this to be a tough test point for $HAL - it is worth charting very closely; there could (IF IT DIPS) be the new trough establishment even, but with $USOIL volatile still - most oil stocks are much the same. This 12/sh mark will be a big test for $HAL and it should...
With Oil plummeting through the first-half of Friday's market session, $HAL has dropped nearly 0.5%, but this will help to establish its new bottom trough. The last was in the 9.5-9.7 range, and this one may not be any lower than 11.2-11.4. The gains, over time, are occurring: It is easy to panic with the oil economy still struggling to regain its foothold, but...
Yesterday, despite the waves of intuition otherwise, $HAL made a steady gain as crude prices themselves plummeted. With Oil reversing and up over 1% already (by 11 AM EST), Halliburton should be turning on its afterburners (no pun intended) soon. Expect steady gains from $HAL throughout the upcoming days, but moreover until it reaches a healthy and full sell-point...
Halliburton has gained upwards of 1.8%, or 21-22 cents/share, while the price of crude has fallen at the same time. While this is not wholly indicative in and of itself of a major trend, it's significance also should not be ignored: $HAL Is the top producer of oil manufacturing equipment while providing tops in arrays of field surveys; it is an indispensable cog...
Halliburton sank as low as 4.7, flirted with the mid 9s, then promptly began its slow climb back to normal levels. Still not there, it is currently oscillating a little around the 12 per share mark. The overall correction, however, and eventual sell-point is between 20 and 25, with 22 being the figure that we are keying in upon for the swing-deal pump/dump.
With...
Halliburton ($HAL) has made its upward ascent after plummeting as low as 4.7 per share during the March dip. Now trading over 12 per share, the correction process is full en route to normalcy: HAL has traded as high as 25/share in the last calendar year, and it is there that it will (LIKELY) reside when we flip our calendars over to 2021.
It remains a...
Halliburton Co. engages in the provision of services and products to the energy industry related to the exploration, development, and production of oil and natural gas. It operates through the following segments: Completion and Production, and Drilling and Evaluation. The Completion and Production segment delivers cementing, stimulation, intervention,...
Halliburton was as low as the mid-4s per share during mid-March, but with its most recent nadir, it seems to have established a low trough in the 9.5 to 9.7 range. A further fall back to under 5 per share is exceedingly unlikely with many states opening up and drilling to resume on mass-scales soon. $HAL will be the first stock to benefit from the major oil...
There is strong support at this level and also coinsides with 1.6 fibonachi retracement from the last major uptrend price movement prior to the fall. Going long from this level is recomended!
Oil continues to rise after the historic nadir that saw it trade negatively briefly. Oil giant Halliburton may never reach the trade levels it was at in 2018, but the company is due to rebound quickly as the industry does itself. A major manufacturer of the equipment, it is a mainstay and key oil stock if one wants to capitalize on the rebound overall of the...
Many are intrigued by the volatile nature of tech stock Tesla. Equally as many are confused by its enigmatic leader, the wonderful, brilliant, but sometimes just lost, one Elon Musk. Musk's greatest contributions to science are resurrecting the work of Nikola Tesla, but his company is not bound to just the automobiles it powers. Rather, this is an emergent...
Horrible performance in Q1 that is also expected to get even worse in Q2.
Traders speculate the WH might come up with some sort of policy to give a face lift to some E&P operators and raise oil prices (Bloomberg/CNBC).
WTI May futures trades below 0 and JUNE futures below $20 but still HAL went up ????
Whatever the WH does and whatever the Fed does like buying...
