Future Option " CALL" The HAL has been risen for 3 months in a row, suggesting more increase could be on the way.
HAL trade ideas
New bottom Trough Established for Halliburton ($HAL)Halliburton was as low as the mid-4s per share during mid-March, but with its most recent nadir, it seems to have established a low trough in the 9.5 to 9.7 range. A further fall back to under 5 per share is exceedingly unlikely with many states opening up and drilling to resume on mass-scales soon. $HAL will be the first stock to benefit from the major oil companies following it later with equivalent ascents. A December to March sell-range seems reasonable, with as high as a 500% ROI for those who got in under 5/share. It should establish value in the 20 to 25 range by the beginning of 2021, as a vital oil stock with regards to drilling and production.
With oil on the rise, this stock will begin its rise accordingly and already is after a recent fall Monday following the Fed Chairman's market scare. This is a 7 to 12 month swing trade.
Price hits a major support line and also the 1.5 fibonachi levelThere is strong support at this level and also coinsides with 1.6 fibonachi retracement from the last major uptrend price movement prior to the fall. Going long from this level is recomended!
Halliburton (HAL) still a strong buy; semi-long term swing sellOil continues to rise after the historic nadir that saw it trade negatively briefly. Oil giant Halliburton may never reach the trade levels it was at in 2018, but the company is due to rebound quickly as the industry does itself. A major manufacturer of the equipment, it is a mainstay and key oil stock if one wants to capitalize on the rebound overall of the entire industry.
While ideally, one has already acted here, while it was as low 4.50 per share, but it is currently trading in the 10.30s, and still is a must buy.
By December or perhaps by next summer, a full rebound to pre-pandemic prices should be assured at about a 250-300% ROI for investors buying right now. $HAL is a play on the expectation normalcy does return, and it is already showing signs as of yesterday with pump prices increasing nationally. As more states open up, HAL will only benefit from the increase in travel, need for oil, and all the things that this world economy had been dependent upon pre-COVID. This pandemic did teach some lessons, and it also taught that even the most reliable markets are a lot more plastic than we had anticipated. But nothing is forever, and Halliburton is showing nothing but gains as the industry does so. At this point, a strong buy.
Telsa (TLSA) is a longer-term plan; even VERY long.Many are intrigued by the volatile nature of tech stock Tesla. Equally as many are confused by its enigmatic leader, the wonderful, brilliant, but sometimes just lost, one Elon Musk. Musk's greatest contributions to science are resurrecting the work of Nikola Tesla, but his company is not bound to just the automobiles it powers. Rather, this is an emergent technology that Musk has been the first to. Accordingly, investors must plan longer-term for a literal change in the Earth's global energy usage. However, with the Paris 2030 agreement intact, this stock could really be a monster in 10-years.
NASDAQ:TSLA It might plummet or rise rapidly tomorrow, but one must think two steps ahead to cash in on the sleeping giants (like Google & Amazon once were). It very well may be that in 10 years we are collectively looking back wishing we'd bought while under $1k per share.
That's, of course, a wildly optimistic outlook, but the COVID pandemic has made it clear to many they travel around town for no reason. With things changing fast, progress will be emphasized. Stash TSLA for the long-term and stop worrying over the day-to-day fluctuations.
HAL Ascending broadening wedgeHorrible performance in Q1 that is also expected to get even worse in Q2.
Traders speculate the WH might come up with some sort of policy to give a face lift to some E&P operators and raise oil prices (Bloomberg/CNBC).
WTI May futures trades below 0 and JUNE futures below $20 but still HAL went up ????
Whatever the WH does and whatever the Fed does like buying junk bonds ETFs, service companies like SLB & HAL have WAY less JOBS to perform during this pandemic and demand shock. This is probably going to send the stock to $5 soon whenever the speculation about WH action fades away.
Major operators with good balance sheets might survive but service companies won't be able to generate CASH FLOW without ACTUAL jobs.
Good luck!
$HAL Halliburton approaching Resistance 9% left to run before hitting local resistance.
Above there is a major gap in the chart which could be a nice opportunity
HAL A GREAT Deep Value Name On A Retest Of $5.50 AreaOn a retest of the $5.50 area and ONLY then buy a deep in the money 2022 $3 call be patient wait for the bounce back to $8 it won't take long and then start to sell OTM weekly calls against your position - it has the potential that you can own the calls you bought for ZERO after a year. As always this is not advice - Good luck.
Big Time Rewards - Longterm BUY and HOLD (Scared?)Not going to say nows the best time to buy - its probably not - but I'm willing to bet my left almond shares will be trading around $20 in a year or two.
Seems like an extremely safe yearish long buy and hold. Fun to let things build slow sometimes anyways.
Position size accordingly, look for dips to load up .
Adios,
Fishy
HALHalliburton looks ripe for a reversal here, after oil has dumped to $23 & the stock market has tanked HAL has touched all the way down to massive historical support and rejected. Buyers have sent the stock from the low $4 level back up close to $8 in a matter of 2 days, The 200 ema on the monthly is around $34 and seems to me like maybe another touch down to $4 b4 lift off back to $35 maybe even $55. The R/R seems really good for a long here and I may just take a shot.
My plan was to wait till Monday after the Witching Hour this Friday to see for a possible double bottom but I may just buy in tomorrow. Depends on how the markets react, for now I am just watching but anxiously waiting for a chance to catch this knife, I also don't want to be too greedy. $7 --> $35 is a nice 80% gain.
Alex Vieira Slashes Oil Price Target Halliburton JUNK ratingAlex Vieira Slashes Oil Price Target Halliburton JUNK rating
Haliburton: Will Bears Pounce at Key Level?Energy has resumed its bearish ways lately as geopolitical risk goes out of the market, but plenty of supply keeps coming in! Just yesterday, International Energy Agency Head Fatih Birol predicted an oil surplus of 1 million barrels in the first half.
Halliburton is one of the biggest names in the sector, and one of the most active underliers in terms of options activity. That creates the potential for leveraging even small moves with puts.
HAL is also at a key level around $24. Chart watchers may look for a retest of recent lows near $18 -- or lower -- if that area breaks. MACD is signaling bearish momentum, as well.
The company reported strong earnings yesterday, which has supported its stock price. But rival Schlumberger fell despite similarly positive news on Friday. Will HAL follow?
"The trend is your friend," as the old saying goes. The long-term trend has been downward in energy. And now, after a period of consolidation, the bears may be prowling again in this sector.
Buying opportunity for HalliburtonA little tricky here, it could falls back to the bullish diagonal trend line then rebound OR do a
gap up or followed by a bullish green candle pushed by the buyers next week or so.
Because the course of action by the geopolitics issue happening between Iran and US is not resolved, the price action might range for a while, i.e. hovering at the 24.76 level.
