HAL - How to Invest in Halliburton with risk controls
The Halliburton (NYSE: HAL) report below can help you find opportunity, and manage risk. The trading plans for HAL, and the other 1000+ stocks we follow, are updated in real time for subscribers. If you want an update, or a different report, please get one here Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | |||
Weak | |||
Neutral | |||
Neutral | |||
P1 | |||
0 | |||
0 | |||
7.98 | |||
P2 | |||
18.91 | |||
18.87 | |||
13.59 | |||
P3 | |||
19.35 | |||
19.66 | |||
18.91 |
Long Term Trading Plans for HAL
December 28, 2020, 9:30 pm ET
The Technical Summary and Trading Plans for HAL help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this HAL Report.
HAL - (Long) Support Plan
The technical summary data tells us to buy HAL near 13.59 with an upside target of 18.91. This data also tells us to set a stop loss @ 13.55 to protect against excessive loss in case the stock begins to move against the trade. 13.59 is the first level of support below 18.89 , and by rule, any test of support is a buy signal. In this case, support 13.59 is being tested, a buy signal would exist.
HAL - (Short) Resistance Plan
The technical summary data is suggesting a short of HAL as it gets near 18.91 with a downside target of 13.59. We should have a stop loss in place at 18.96though. 18.91 is the first level of resistance above 18.89, and by rule, any test of resistance is a short signal. In this case, if resistance 18.91 is being tested, a short signal would exist.