Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $64.50 short call and a strike $69.50 long call offers a potential 26.26% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $64.50 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock rose above the $69.50 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 30.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Haliburton
[$$] CEO Steers Halliburton Through Controversy
Wed, 24 Sep 2014 16:40:04 GMT
The Wall Street Journal – Boss Talk : Dave Lesar has run Halliburton since Dick Cheney left for politics. In his 14 years as CEO, he has steered the oil-services company through the fracking boom and split off its military business….
Hammerstone Midday Look 9-24-2014
Wed, 24 Sep 2014 15:37:00 GMT
Halliburton Company — Moody's changes Halliburton's outlook to stable
Tue, 23 Sep 2014 15:01:08 GMT
Halliburton Named Corporate Sustainability Leader by DJSI
Fri, 19 Sep 2014 19:20:01 GMT
Insider Trading Alert – RSG, HAL And AVNR Traded By Insiders
Thu, 18 Sep 2014 14:30:00 GMT
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