Signs of Stability, Correction from $USOIL Settles $HAL Freefall
As 
USOIL has begun to make small gains throughout the first-half of Friday's trading session, 
HAL appears to be stopping the bleeding and free-for-all towards 12 per share. It opened today at 12.25 but has since increased about .47/share and appears to have found its trough before hitting an even 12.00.
There is no assurance with the volatility of the oil market, but yesterday's massive $1.99 per share drop was clearly something of an overreaction to the fed chair scare, andHAL appears to be reclaiming its ascent to a healthy 22 per share eventually--as to the time frame on that "Eventually," at this point we are tendering very few guesses. Originally projected to be December, it could take until mid 2021 to see USOIL show its usual strength as the multitrillion-dollar cog it is in the world economy. COVID obviously distracted the world, but as progress resumes these stocks will show the massive ROIs they offered to those able to enter at Mid-march lows. As a reinforcement, this swing trade was entered at the 5.11 per share mark on MAR 20 w/ a very long-term plan and patience has been crucial through the dips we just saw.
Happy trading! Happy Investing!
USOIL has begun to make small gains throughout the first-half of Friday's trading session, HAL appears to be stopping the bleeding and free-for-all towards 12 per share. It opened today at 12.25 but has since increased about .47/share and appears to have found its trough before hitting an even 12.00. There is no assurance with the volatility of the oil market, but yesterday's massive $1.99 per share drop was clearly something of an overreaction to the fed chair scare, and
HAL appears to be reclaiming its ascent to a healthy 22 per share eventually--as to the time frame on that "Eventually," at this point we are tendering very few guesses. Originally projected to be December, it could take until mid 2021 to see USOIL show its usual strength as the multitrillion-dollar cog it is in the world economy. COVID obviously distracted the world, but as progress resumes these stocks will show the massive ROIs they offered to those able to enter at Mid-march lows. As a reinforcement, this swing trade was entered at the 5.11 per share mark on MAR 20 w/ a very long-term plan and patience has been crucial through the dips we just saw. Happy trading! Happy Investing!
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