Professor’s Comments February 27, 2014 HAL
Posted by OMS at February 27th, 2014
Buying shares of Halliburton (HAL) near 55, based on an oversold 2-period RSI Wilder on the Daily Charts. This is a typical Rifle Trade, as the stock is in an Uptrend and has now pulled back.
Looking at other energy issues as well.
Not sure of the terminology we use? Check out these articles
All of the commentary expressed in this site and any attachments are opinions of the author, subject to change, and provided for educational purposes only. Nothing in this commentary or any attachments should be considered as trading advice. Trading any financial instrument is RISKY and may result in loss of capital including loss of principal. Past performance is not indicative of future results. Always understand the RISK before you trade.
Category: Professor's Comments