EuroMotif

HAL eyes on $36.xx for major support: uptrend Do-or-Die level

EuroMotif Mod Updated   
BATS:HAL   Halliburton Company
Energy sector has been very strong for some time.
We have a decent pullback now across the sector.
Halliburton is at a major support that might hold.

$ 35.84 - 36.22 is the current support to hold.
If this does NOT hold then uptrend is likely over.
If it DOES hold, we should proceed to new highs.

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Comment:
Slow bounce developing EXACTLY from our mapped support

It is too early for bulls to celebrate,
but an exact bounce is a good start,
and a slow reversal pattern is great.

Lets see what next week brings,
hopefully some acceleration upwards.

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