Halliburton $HAL has met a lot of resistance just over 20/s.
It is making the goal of 20.5 for this day trade seem unlikely; Would likely carry the position overnight instead, because the gains seem to becoming after $HAL shatters that resistance point. Right now, it has not been able to. A stop loss should be figured, but it would be a lie to say that has been factored in. It has not.
Prob need it here: SO GL!
-BDR
It is making the goal of 20.5 for this day trade seem unlikely; Would likely carry the position overnight instead, because the gains seem to becoming after $HAL shatters that resistance point. Right now, it has not been able to. A stop loss should be figured, but it would be a lie to say that has been factored in. It has not.
Prob need it here: SO GL!
-BDR
Comment:
Note TARGET Should read 20.53 ; not 21.53.
Comment:
UGLY DAY for the market overall; remaining in position overnight / counting on a rebound. Daily high was 20.33 before the bottom fell out..eyeing a return to that at least before any exiting. Heck, even with my close, it's surprising this did not go even worse. Avg cost of 19.8 wasn't great...
Comment:
Profit was taken mostly @ 20.2/s. Target looked unlikely to be reached, with the lack of support at the point profit was taken. Decent trade.