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ChristosTrader

Price hits a major support line and also the 1.5 fibonachi level

Long
Halliburton Company (NYSE:HAL)  
ChristosTrader Updated   
NYSE:HAL   Halliburton Company
Support and Resistance Fibonacci
4
0
supportandresistance fibonacci
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!
Comment:
If you went long as suggested now you have doubled your money I sugest tae profits and look for other opportunity.
Comment:
It looks that we reached a major resistance area here defined from an ancient historical low.
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