Over the past couple of weeks, Haliburton (HAL) has been on a tear. It has created new 52-week highs almost every day; however, somewhat of a weakness had set in. Could it be time to pony back up on HAL?
Depending on your risk outlook, HAL could be bought on a break of minor resistance at $46.30 with target of $48; otherwise, there is a buy target of plus $48 with target of about $2-3 or if stock comes bouncing off resistance at $43.50, then look to get in there.
Obviously there are several ways to play this stock, pick yours.
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