Halliburton Company
Viés de baixa

Short play on $HAL on monthly

88
Monthly chart for HAL. Price is now below all monthly EMA and VWAP. MY bet is that we visit $23 on the down trend by May 25'. RSI has room to go down. Puts are cheap as well.
Nota
Starting to pan out on weekly and monthly. Price is now below all EMAs and VWAPs on weekly and monthly. Notably, the price was rejected on the monthly by the 50W VWAP with the volume profile showing a potential large slip to the $23 range.

I'm in this trade and will be holding to about $24 unless something dramatically changes.

Aviso legal

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