HAL trade ideas
Strong ImpulseHi guys. I'm seeing some serious strength here in the pattern that HAL is showing. I humbly don't recommend shorting here but should a pullback occur it could be a good long trade. May the plants in your gardens grow tall and strong.
HAL Ready for MAJOR BULLISH MELTUP!50 DMA crossing above 200 DMA
Bullish Divergence
Strong Momentum to break the Neckline soon..
HAl - Oversold BuyHAL has been in a sideways consolidation for the past 2 months. Despite the rise in oil prices, HAL has maintained it's price range between $41 and $46.
Prices are currently at the bottom level, supported by the Darvas level. In addition, stochastic price levels are currently oversold.
Go long through Jan18 42 Calls when prices break $41.20. First profit target is $43.50.
HAL Halliburton Company short - in a downward trend 2017Review
Since the end of January of this year, a downward trend formed in the stock which, as things progressed, was confirmed over and over again. In addition, the much-observed SMA 200 was exited downwards. Currently, the value is far into the correction of the last downward movement, and it is worth keeping an eye out for short signals.
Outlook
The correction of the downward trend that is visible in the daily chart can be recognized as an upward trend in the subordinate trend size in the hourly chart. In order to find a short entry into this stock, one should first wait for a trend reversal in hourly chart. Here, an entry would be possible at a new low (P2) or subsequently from out of the correction after a new low, with a stop loss above the P3 that would have formed by then. The marker around 38.70 USD serves as a target area (green zone).
If the price clearly and sustainably rises above the area of 46 USD (red line), the short scenario should be abandoned.
HAL Halliburton Company short - in a downward trend 2017Review
Since the end of January of this year, a downward trend formed in the stock which, as things progressed, was confirmed over and over again. In addition, the much-observed SMA 200 was exited downwards. Currently, the value is far into the correction of the last downward movement, and it is worth keeping an eye out for short signals.
Outlook
The correction of the downward trend that is visible in the daily chart can be recognized as an upward trend in the subordinate trend size in the hourly chart. In order to find a short entry into this stock, one should first wait for a trend reversal in hourly chart. Here, an entry would be possible at a new low (P2) or subsequently from out of the correction after a new low, with a stop loss above the P3 that would have formed by then. The marker around 38.70 USD serves as a target area (green zone).
If the price clearly and sustainably rises above the area of 46 USD (red line), the short scenario should be abandoned.
Halliburton CO buyUnder a technical perspective, the broken triangle and double bottom pattern indicates and upward movement, with a profit taking at a reasonable r:r pivot point.
HAL WEEKLYI like the way things are shaping for a rebound for Haliburton so far, I also like the recent news...
HAL - DAILY UPDATEI am watching $HAL hoping for a short term swing; seems to be going the right way so far, I like the recent news they've had. Bought on the 16th, hope for a strong next couple months.
HAL Daily chart viewHalliburton ($46.51) looks like maybe it is reversing trend for the summer; the russia-saudi deal helped I believe (which may have led to the spike in volume); the stock is bumping up on support and broke through resistance at 46.38... I think it is safe to look for a move above $50-$53 if the stock breaks its next resistance at 47.79; I think I am taking the bet
