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HAL Appears Poised for Continuation of Recovery Rally


Monday March 9th, 2015
HAL Appears Poised for Continuation of Recovery Rally
by Mike Paulenoff www.MPTrader.com

All of the action off of the Halliburton Company (HAL), Feb 17, high at 45.99, looks like it completed a correction into this morning’s low at 41.81, which, if accurate, means that HAL is in the infancy of a new recovery upleg that projects to 49.00-50.00 in the upcoming weeks.

That said, to start to get some real upside traction, HAL must climb above 43.20/.25.

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