Hey people, HALLIBURTON CO is in a bullish momentum with a large volume of past buying and a sort of water-carrying candle followed by a trace mark of buyers. In the TIMEFRAME M1 we observed a form of marubozu with a rising leg and a high volume of purchases issued. It goes towards the base of the bollinger to test it then go to its highest acompanied by the VWAP and finish on the top of the comfort zone to check it.
Great possibility of breaking the price with the momentum of both the zone to reach a second and land on the next high. But for the moment this scenario is unlikely due to the failure of the first comfort zone falling rupture filling. So pre-session losses are not going to be made up for the moment, short and long term investors lack.
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Great possibility of breaking the price with the momentum of both the zone to reach a second and land on the next high. But for the moment this scenario is unlikely due to the failure of the first comfort zone falling rupture filling. So pre-session losses are not going to be made up for the moment, short and long term investors lack.
Please LIKE & FOLLOW, thank you!