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.

TWID,

h.

Not sure of the terminology we use? Check out these articles

The Hockey Stick Pattern
The Creation of Waves and Trends
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