We have arrived at the 200EMA and have been pushed back slightly, its always a fight to cross over right?! Well this shouldn't be much of a fight with 5 weeks of bullish volume and for the last 3 of those weeks we've been over the 21MA 50EMA & 20EMA. So a position here isn't looking like a bad thing! A break over $25.10 should run the stock up to about $30 and I...
Well, We have a new opotunity, If HAL goes down 1.00 we could buy with a good change to do good money next month
HAL: Halliburton Company 2021-08-10 07:01:00 Sapura Drilling Awards Halliburton with Offshore Well Construction Contract
Supporting News: Kuwait oil company selected Halliburton for digital transformation projects Crude oil climbed to their highest level since October 2018, on continued optimism about recovering demand as coronavirus restrictions continue to be relaxed in the U.S. and many parts of the world. Halliburton HAL rebounded from the lower boundary of the channel in...
Have been monitoring Halliburton recently, as the crude oil futures are in the up trend. Commodity up swing is likely still intact. It is now moving in tandem with S&P, at least direction wise. Last Friday (4 June), the price tries to break out from the range. Notice the resistance in early March at $24.70 level. The big spread bar on 2 June with higher than...
Crude oil prices made a dramatic comeback from the April's 2020 low which supported the oil stocks significantly. Crude oil has been trending higher since last April’s low. The higher the price climbs, the more the global industry will require oil services. A continuation of higher petroleum prices should support gains in HAL. HAL has violated the...
Energy is coming to life again as the economy reopens. Let’s take a look at oil-field service provider Halliburton, which has a few interesting chart patterns. First is the downward-sloping trendline running along the highs of March and April. HAL closed above that resistance yesterday for the first time. Second notice the tight range on the weekly chart, with a...
*THIS IS A SWING PLAY HAL has a resistance level around 22.15. It may reject and break downwards. I Will be watching to see if it breaks this level and then will get in for $25 calls Confirmation: MACD pointing up. Rejected off the 50 MA and crossed above 8 MA (currently bullish pinbar)
Based on close and the trend reversal signal I am long. This is my ODO order I have placed for a test.
Waiting for an entry around $23.50 1st Target: $25 2nd Target: $29
We have a rise to the trend line currently happening with sharp increase in oil. If we stay above the $60 a barrel oil, look for a continuation of HAL and a break a small resistance line at $25 follow through to the larger $32 trend line we open up $40 on the market. We are currently long, holding a majority from $8-9 range.
Short entry negative trading Monday Target 200 Daily Moving Average Stop close above green anchored volume weighted average price