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Halliburton HAL Potential Rise

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Halliburton Company (NYSE:HAL)  
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NYSE:HAL   Halliburton Company
Trend Analysis Technical Indicators Fundamental Analysis Technical Analysis halliburton Oil oilandgas oilstocks Fibonacci Retracement energystock
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trendanalysis indicator fundamental technicalanalysis halliburton oil oilandgas oilstocks fibonacciretracement energystock
  • 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.
Komen:
The stocks hits $22.75!
Komen:
Prices above the mentioned two targets.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.