- 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 downward sloping channel's upper boundary in an indication of the bulls' control.
- It seems that HAL is heading to $21.75 - $22.40 respectively in a correction of the downward move witnessed through the declining channel.
- It seems that HAL is heading to $21.75 - $22.40 respectively in a correction of the downward move witnessed through the declining channel.
- HAL has violated the downward sloping channel's upper boundary in an indication of the bulls' control.
- A continuation of higher petroleum prices should support gains in HAL.
- 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.
Nota
The stocks hits $22.75!Nota
Prices above the mentioned two targets.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.