HAL Heading to $30

By Licia Leslie

October 27, 2024

Hi Shoppers,

 

Haliburton (Ticker: HAL) has held support at $27.81 with a dragonfly doji and a triple bottom:

I think it can trade up to $29.80.

 

The Nov01 28 or 28.50 calls are very affordable:

Use a close below $27.81 as your stop loss.

 

Trade Review

 

General Motors (Ticker: GM) tested that support at $52 and is holding so far.

 

Thank You for Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Head of Technical Analysis

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Licia Leslie

Licia Leslie

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About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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