Haliburton's most recent trend suggests a bullish bias. One trading opportunity on Haliburton is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 6.16% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Haliburton is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Haliburton is bullish.
The RSI indicator is at 56.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Haliburton
This Is Why Schlumberger Is Better Positioned Than Halliburton to Dominate the Oil Services Industry
Mon, 26 May 2014 17:04:18 GMT
The COO of Halliburton Sits Down With The Motley Fool
Sat, 24 May 2014 17:50:20 GMT
HALLIBURTON CO Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events
Fri, 23 May 2014 20:04:25 GMT
Positive market signals
Fri, 23 May 2014 19:58:00 GMT
David Tepper’s Appaloosa Management ups its stake in Halliburton
Fri, 23 May 2014 17:00:04 GMT
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