$HAL posting worse than expected Earnings$HAL posted worse than expected earning with the PEAD projecting a neutral outlook for the stock price, Price is trading around median line.
HAL trade ideas
Halliburton Recovery Not as Impressive as Liberty: EVENTFUL.Liberty is making strides its rival isn't, HAL. And that is a clear as day sign that there is a new top dog, at least soon, in the Oilfield prep industry.
There is some "MAGIC POINT" for dang sure - to just say HAL plug pulled -> all positions dumped into LBRT. Pretending timing is my 1st goal is silly though: it doesn't matter that much probably, as long as the transition is made. LBRT > HAL > SOI > All others, in oilfield investing.
If you were waiting for some massive bombshell, it was dropped weeks ago. LBRT Is going to frack this earth to hell to be No. 1. That's it. That's the stupid "TIP" - the tip of some nice profit on a long swing trade w/ no exit-point yet defined (I did say 10 plus, but beyond that? 15 by Next yr is fully reasonable- 17? Probably still reasonable).
SO YES, let's quote the greatness of the Cranberries w/ regard to the correction of HAL: "DO WE HAVE TO LET IT LINGER" - I asked. No, we dang sure do effing not. We can dump HAL, SOI into LBRT yesterday, now, tomorrow, and soon. I see no fault in calling it advice, but everyone says their ideas aren't actual advice - and my advice is always to do your own homework b/c this is fancy guesswork that seemingly can be excelled at, by many.
That said, on a personal note, I was a heavy sports bettor.
Betting on stonks "AINT" That different, folks.
LEGGO, and GL.
-BDR
Halliburton Opens HUGE Buy Window for EVENTUAL Long; PredictablyThe "Delayed dip" in reaction to $USOIL "hitting the crapper" took a full weekend to sink in, but $HAL has opened way down, as has rival $LBRT. Great buy windows will be here this week, and a re-entry could possibly wait until $HAL plummets sub-13 per share. It is finding no support at this level currently (now 12.98 as of the update, 1034 EDT).
This could set up a very nice long swing, as the oil stocks have throughout a very strange corrective season in a lingering COVID-world. Unable to assess much with regard to its recovery, an entry < 13 on a stock holding just exited at 16.55/s is about as golden as it gets, presumably.
$HAL (3rd) EXIT: 16.55
Re-entrance @ -3.55+ per share is beyond ideal.
Milk the udders of this cow with precision, but caution. As for advice, I advise doing your own homework whether this sounds clever and great or abysmally misleading!
BEST TO ALL TRADERS AND INVESTORS!
-BDR
See related idea from September 9th "Test of Halliburton Strength to come"
$HAL Halliburton Trade SetupHalliburton Co rallied today as teh commodity surged and indeed we seen rotation
into the energy sector.
Alert set for break above the 200ma .
Potential short term target $16.95
Possible we get a Golden Cross on the MA's
Indicators In reversal
True Test of Halliburton Strength to come With $USOIL Crapping$HAL has fought furiously through a terrible market for $USOIL, but its time of reckoning could now be here with OIL under 38 per barrel. It would be wholly unsurprising to see $HAL go sub-14, even sub-13, because oil dipped roughly 7 percent yesterday and that dip in price will take some time to be recovered. $HAL and most oil-related stocks should be shorted for the time being.
If Halliburton holds its value with oil this far in the crapper, it is an even stronger company than previously thought. Halliburton has been around since 1919, so 101-years of resiliency will be put to the test until crude prices at least climb 40/bar again. Logic dictates that HAL, LBRT, and all the actual oil giants (BP, Shell, etc) take a royal tumble throughout the remainder of September, even.
That is to say, this trader scheduled a PUT for $HAL with a break-even at just under 14/s. The risk is high with $HAL having shown so much strength since its position was first entered at 5.11/share, but rather than "only wait" for the re-entrance point it made sense to place a put on Halliburton accordingly. As far as advice, none given: If you think it's a clever and good move, more power to you and your account.
HAPPY TRADING
and
May the odds be forever in your favor!
-BDR
$HAL Re-Entrance Time: Cycle-Timing, Projecting Next Exit$HAL has been a pet for this trader (Those who are already following yours truly have surely noticed), and the time to re-enter and ride Halliburton has arrived again. A partial re-entrance was made at 15.99 / Full entrance will be here at 16.20.
The last EXIT was at 16.55; substantial gain before a retrace that we all just saw.
The next exit will be eyed at the 17.12 mark; further evaluation of the harmonics to come when it reaches that Fibonacci point, as well.
$USOIL climbed past 43/bar while HAL lingered (even decreasing) - the delayed GAINS now are being reeled in. This is still the same MASSIVE CORRECTION that I first entered at 5.09 per share in mid-March.
Since that point, we have over a 300 percent correction with a bit more to come. The final-point to "stop toying with" HAL will come around 21 per share; that could be a ways away-- projections of that nature are fairly useless unless someone is taking a mega-long call, and even still, there is too much room to even worry about that mark yet. For now, a re-entrance at 16.2 is fine --> The move to 17.12 will gain 92 cents per share on the position!
RECAP of Halliburton plays:
HAL 1st Entry was @5.09 per share
HAL 1st Exit was @12.81 per share
Hal 2nd Entry was @ 12.7 per share
Hal 2nd Exit was @ 16.55 per share
-----
Hal 3rd Entry is @ 15.99, and fully in 16.20 (Avg cost 16.065)
Hal Potential 3rd Exit @ 17.12 -- Alert set!
HAPPY TRADING, and this time again: MAY THE ODDS BE FOREVER IN YOUR FAVOR!
--BDR
cometI've been tweeting nonstop about Halliburton non-stop since it was at 14.21$ like a mentally ill person, and it keeps on going up.
Regretfully, it will continue, going beyond 29.5$.
Spot shares will have tremendous return, but out-of-the-money option trades will need to be wary of IV, unless they want to quit doing that.
Halliburton Finds Support Above the 200-day SMAHalliburton is one of the more resilient names in the energy sector. It’s up more than 35 percent in the last three months, while the SPDR Energy ETF is down more than 7 percent in the same period.
That recent strength has established HAL solidly above its 200-day moving average (SMA) since early August. It’s squeezed into a very tight range as it digests those gains. Notice how Average True Range is back to the lowest levels of the year.
While coronavirus has undeniably hurt the energy sector, the market may now be looking for a turn. Cyclicals like industrials and materials are climbing, along with bond yields. Crude-oil inventories also fell more than expected this week.
In another interesting development, the Baker Hughes Rig Count rose last week for the first time since the beginning of March. This is a key fast-moving indicator for the kind of services HAL provides.
$HAL Halliburton Bullish Targets Potential long above $17.00
Upside target $19.50
Strong bounce on the retest of the 200ma as support
Natural Exit-Point from $HAL Presenting Itself (Again)$HAL has finally spiked that elusive 16/s mark it flirted wtih ever so briefly before. Now marks a graceful point to TAKE PROFIT and exit this position. Market volatility is high and $USOIL has struggled to surpass and claim 42+ per barrel.
HAL 1st Entry was @5.09 per share
HAL 1st Exit was @12.81 per share
Hal 2nd Entry was @ 12.7 per share
Hal 2nd Exit will be 16+ per share
The game isn't done with this one, but we're marking a point here as it has thrived against a few indicators that all seem to indicate otherwise (USOIL Trending down, Market Volatility, and mirror-industry stocks such as $LBRT). We will chart $HAL carefully over the next while though with a pet this long-standing I personally don't need the alerts even. The hope is to see $HAL retrace sub-13/s, but before further analysis is done this is nothing more than a rough guesstimate at the downward trend anticipated in reaction to HAL thriving w/ so many lingering issues in the COVID correction season.
HAPPY TRADING!
Halliburton Trending with $USOIL; Throw out Fib. Points? LONG!The long-awaited push past 43 per barrel now has taken place for oil, which renders key oil industry cog Halliburton on the rise. FIB Tracement shows a sell-point at 15.7, but tracing growth curves Halliburton should probably encounter precious little resistance until it goes 16+ per share: At that point, there is the first exit for a swing on this -- Though, this trader is staying in until 20+ as it should recapture January levels as oil trading resumes to normalcy. The original sell-window on that hovered around late 4th Quarter, but it might not be realized until late in the 1st Q of 2021, or even mid-way through the 2nd quarter. The sell-point @ 15.7 will still represent an enormous profit for those who entered near the March low at just 5 per share. Taking a 300+% profit is fine, but there is a longer play here that should have no issues coming to fruition.
HAPPY TRADING!
-BDR
Post note: See related idea (July 15) which was kind of a final "all call" to "long" $HAL. That said, it's really still **NOT** too late. Good luck!
halle berry $halthis is slv which i slayed.
get in or stay poor, i have zero pity on you if you don’t.
HALStill like this short as long as it's below the blue trendline. Thought the amount of sellers relative to buyers at this area was interesting. I've tried shorting this twice since it broke down. Maybe 3rd time's the charm if it stays below the pink "sell level". Bearish engulfing on the weekly *should* confirm the downtrend is still in tact.
Halliburton Correction Trend Firming; A Great Entrance STILL (!)FIB retracement shows indications of a final-long on $HAL w/ the current entry point still providing strong value. On a great day for the market overall, Halliburton is on the wave of corrections again:
USOIL is pushing towards 41/bar and could hit 42+ by the conclusion of the trading week: Again, this is an "all systems go" for the same $HAL long that has been discussed since entrance at 5/share in mid-March. This is not a "too late to enter" scenario at all; rather, a perfect entry point for anyone looking for a nice long swing trade on this crucial cog in the oil refinery industry
Addendum (Unnecessary variety): Though I did claim on a previous update to the last $HAL entry that I would exit @ 12.5/share - I clearly talked myself out of that one and maintain the strength of confidence I did when first entering this. The eventual correction we are looking for is 22/share; it traded 25 on the opening of the calendar year before the disaster took hold of the market due to COVID-19 mania...
As always: Happy Trading and Investing!
-BDR
$HAL Halliburton Bullish Targets
Upgraded today to market perform at Cowen as Commodities begin to gain some momentum.
Bullish wedge break
Possible 15% upside to Downtrend and Fibonacci resistance .
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$HalAnother means of profiting off of corona Virus is $HAL, with oil production seemingly on a halt due to new corona cases it looks as if this might be a perfect opportunity to short this stock.
Other oil companies fall within the same realm though. If the news continues to worsen this could lead to an incredible (but unfortunate) opportunity for profit. Layoffs among oil companies are among record highs right now. While no one wants these things to happen you might as well make money off of them (Because the rich definitely are)
