Yesterday, despite the waves of intuition otherwise, $HAL made a steady gain as crude prices themselves plummeted. With Oil reversing and up over 1% already (by 11 AM EST), Halliburton should be turning on its afterburners (no pun intended) soon. Expect steady gains from $HAL throughout the upcoming days, but moreover until it reaches a healthy and full sell-point @ 22 -- The time frame on this mark is sketchy at best, but with oil climbing expect Halliburton to gain more rapidly still.
Long/7-12 months? Tough to say again, on the time range.
However, the oil industry is gaining steam and major manufacturer $HAL is primed to be among the first of the giants within its industry to breathe comfortably again, and recover. LONG $HAL, still, and look at the previous post Re: the probable 200% ROI still @ the 12/share mark.
Long/7-12 months? Tough to say again, on the time range.
However, the oil industry is gaining steam and major manufacturer $HAL is primed to be among the first of the giants within its industry to breathe comfortably again, and recover. LONG $HAL, still, and look at the previous post Re: the probable 200% ROI still @ the 12/share mark.