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 5.04% return on risk over the next 15 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 $0.24 would be kept by the premium seller. The risk of $4.76 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Haliburton
BP Investors Can’t Sue as Group Over Losses, Judge Rules
Fri, 06 Dec 2013 23:20:45 GMT
Bloomberg – BP Plc’s U.S. investors can’t pursue as a group claims that the company inflated its shares with misleading statements before and after the Gulf of Mexico oil spill, a judge ruled, citing a recent Supreme …
For Oil And Gas Servicing, I Like Halliburton
Fri, 06 Dec 2013 14:11:55 GMT
Seeking Alpha – Oil prices over the last quarter have challenged oil and gas drilling companies to watch their bottom line. In turn this has also challenged the oil and gas service industry. You may be familiar with such …
‘Mad Money' Lightning Round: Facebook Has More Upside
Fri, 06 Dec 2013 11:00:00 GMT
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Coverage initiated on Halliburton by FBR Capital
Fri, 06 Dec 2013 10:41:13 GMT
T. Boone Pickens Continues To Show Confidence In These Stocks
Wed, 04 Dec 2013 18:59:36 GMT
Seeking Alpha – By Abeera Manzoor (Chartered Accountant) Famous energy entrepreneur T. Boone Pickens is responsible for the formulation of the futures investment strategy for BP Capital Management. T. Boone Pickens is …
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