HAL Appears Poised for Continuation of Recovery Rally

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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