Haliburton's most recent trend suggests a bullish bias. One trading opportunity on Haliburton is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 14.16% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $60.00 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 above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Haliburton
[$$] Deepwater Horizon Oil Spill Linked to Failed Blowout Preventer
Fri, 06 Jun 2014 01:22:22 GMT
The Wall Street Journal – Federal investigators probing the 2010 Deepwater Horizon disaster say a critical piece of safety equipment may have helped trigger the worst offshore oil spill in U.S. history.
Halliburton's COO Speaks About the Changes He has Seen
Thu, 05 Jun 2014 18:40:09 GMT
Macquarie Initiates Coverage On Oil/Gas Industry
Wed, 04 Jun 2014 15:11:13 GMT
UPDATE: Macquarie Initiates Coverage On Halliburton
Wed, 04 Jun 2014 14:39:07 GMT
How Will Halliburton (HAL) Stock Be Affected By This Coverage Initiation?
Wed, 04 Jun 2014 14:06:00 GMT
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