Haliburton's most recent trend suggests a bullish bias. One trading opportunity on Haliburton is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 8.46% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock dropped below the $62.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Haliburton
Is Halliburton A Good Buy Over Schlumberger?
Tue, 24 Jun 2014 09:08:12 GMT
These Once Forbidden Markets May Become Very Lucrative for Halliburton and Schlumberger
Tue, 24 Jun 2014 05:18:19 GMT
Motley Fool – The national oil companies of Iran, Iraq, Mexico, Algeria, and Libya are among those asking Western oil companies for technical help.
[$$] High Court Gives Companies More Room to Challenge Class Actions
Tue, 24 Jun 2014 04:44:49 GMT
The Wall Street Journal – The Supreme Court gave companies more room to challenge class-action lawsuits at the early stages of the litigation.
US high court curbs shareholder class-action suits
Tue, 24 Jun 2014 00:47:37 GMT
COLUMN-Halliburton ruling could backfire for defendants: Frankel
Mon, 23 Jun 2014 21:37:24 GMT
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