Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 11.11% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Haliburton is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Haliburton is bearish.
The RSI indicator is at 61.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Haliburton
News Summary: Halliburton boosted by overseas work
Mon, 21 Oct 2013 22:33:08 GMT
News Summary: Halliburton boosted by overseas work
Mon, 21 Oct 2013 22:33:08 GMT
AP – PROFIT UP: Halliburton Co.'s third-quarter net income rose 17 percent to $706 million, or 79 cents per share. Excluding restructuring costs, it would've earned 83 cents per share, a penny better than analysts …
[$$] Halliburton Feels North America Pressure
Mon, 21 Oct 2013 21:45:20 GMT
The Wall Street Journal – Halliburton's third-quarter earnings rose 17%, but the oil-field services company faces an oversupply in hydraulic-fracturing equipment.
Halliburton 3Q profit rises, tops Street view
Mon, 21 Oct 2013 21:38:07 GMT
Halliburton 3Q profit rises, tops Street view
Mon, 21 Oct 2013 21:38:07 GMT
AP – Halliburton Co. boosted its third-quarter net income by 17 percent on strong revenue from its international operations, which offset sluggishness in North America. But revenue came in below analysts' expectations, …
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