HAL Scenario for Earning Report Day

Updated
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 November 7, so again we need to see a better present value for this share to take an action then.

However the market is expecting $0.46 for tomorrow earning report, comparing with last $0.42, my own EPS is >$0.39 and PEG >0.50% so still ok.


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Oil Appetite, Long
Trade closed: target reached
80% closed at 50.91. 20% still short till 48.85.

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Cream Live Trading, Best Regards!
Trade closed: target reached
Last 20% smashed. Trade closed after hitting our Take Profit today.

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Beyond Technical AnalysisHALhalliburtonTrend Analysis

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