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.