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HAL eyes on $36.xx for major support: uptrend Do-or-Die level
Halliburton Company
HAL eyes on $36.xx for major support: uptrend Do-or-Die level
By EuroMotif
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Updated
May 20, 2024
4
May 6, 2024
Energy sector has been very strong for some time.
We have a decent pullback now across the sector.
Halliburton is at a major support that might hold.
$ 35.84 - 36.22 is the current support to hold.
If this does NOT hold then uptrend is likely over.
If it DOES hold, we should proceed to new highs.
=============================================
May 20, 2024
Note
Slow bounce developing EXACTLY from our mapped support
It is too early for bulls to celebrate,
but an exact bounce is a good start,
and a slow reversal pattern is great.
Lets see what next week brings,
hopefully some acceleration upwards.
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fibextensions
fibo
Fibonacci
fibretracement
goldenratio
Support and Resistance
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