Haliburton's most recent trend suggests a bearish bias. One trading opportunity on Haliburton is a Bear Call Spread using a strike $68.00 short call and a strike $73.00 long call offers a potential 17.65% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $68.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock rose above the $73.00 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 36.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Haliburton
Overview: Halliburton’s completion and production segment
Thu, 07 Aug 2014 17:00:22 GMT
Energy reform approved, Mexico to speed up deals with Big Oil -source
Thu, 07 Aug 2014 16:07:01 GMT
Reuters – UK Focus – After a months-long delay in passage of a landmark overhaul of Mexico's state-run energy sector, the government now plans to accelerate the timetable for inking joint ventures with private oil firms to …
Must-know: Halliburton expects to continue growing in 2014
Wed, 06 Aug 2014 21:09:05 GMT
An in-depth analysis of Halliburton’s 2Q14 earnings
Wed, 06 Aug 2014 17:09:04 GMT
HALLIBURTON CO Files SEC form 8-K, Other Events
Wed, 06 Aug 2014 16:46:10 GMT
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