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24.05.2016 - Shares of Halliburton can correct down

Price of Halliburton continued growth within the local rising channel after fixed above the level of 38.50. In the near future we expect overcoming the local maximum near 42.00 that will be the basis for the continuation of the upward movement of price to 44.80 and 48.25. The breaking of the bottom of the channel and the level of 38.50, will be a signal to sell with targets at 33.25 and 30.50. We forecast the price drop in the near future.

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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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