When the Price of (HAL) Talks, People Listen
October 07, 2024, 20:54 pm ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for HAL
- Buy HAL near 28.39 target 31.34 stop loss @ 28.31 Details
The technical summary data tells us to buy HAL near 28.39 with an upside target of 31.34. This data also tells us to set a stop loss @ 28.31 to protect against excessive loss in case the stock begins to move against the trade. 28.39 is the first level of support below 31.09 , and by rule, any test of support is a buy signal. In this case, support 28.39 would be being tested, so a buy signal would exist.
- Short HAL slightly under 31.34, target 28.39, stop loss @ 31.43 Details
The technical summary data is suggesting a short of HAL as it gets near 31.34 with a downside target of 28.39. We should have a stop loss in place at 31.43though. 31.34 is the first level of resistance above 31.09, and by rule, any test of resistance is a short signal. In this case, if resistance 31.34 is being tested, so a short signal would exist.
Swing Trading Plans for HAL
- Buy HAL slightly over 31.46, target 34.37, Stop Loss @ 31.37 Details
If 31.46 begins to break higher, the technical summary data tells us to buy HAL just slightly over 31.46, with an upside target of 34.37. The data also tells us to set a stop loss @ 31.37 in case the stock turns against the trade. 31.46 is the first level of resistance above 31.09, and by rule, any break above resistance is a buy signal. In this case, 31.46, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short HAL slightly near 31.46, target 29.64, Stop Loss @ 31.55. Details
The technical summary data is suggesting a short of HAL if it tests 31.46 with a downside target of 29.64. We should have a stop loss in place at 31.55 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 31.46, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for HAL
- Buy HAL slightly over 31.46, target 31.71, Stop Loss @ 31.39 Details
If 31.46 begins to break higher, the technical summary data tells us to buy HAL just slightly over 31.46, with an upside target of 31.71. The data also tells us to set a stop loss @ 31.39 in case the stock turns against the trade. 31.46 is the first level of resistance above 31.09, and by rule, any break above resistance is a buy signal. In this case, 31.46, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short HAL slightly near 31.46, target 29.64, Stop Loss @ 31.53. Details
The technical summary data is suggesting a short of HAL if it tests 31.46 with a downside target of 29.64. We should have a stop loss in place at 31.53 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 31.46, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Halliburton Company (HAL) available here: HAL.
HAL Ratings for October 07:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Strong |
Weak |
P1 |
0 |
0 |
28.39 |
P2 |
31.15 |
29.64 |
31.34 |
P3 |
31.71 |
31.46 |
34.37 |
AI Generated Signals for HAL
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Halliburton Company (NYSE: HAL) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for HAL can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for HAL: