AN OPPORTUNITY IN A BLEEDING SECTOR

Share This Post on your social

I am always looking for opportunities to invest in and in my opinion this is a great opportunity

which I also take as a proxy for the entire oil sector (let’s say oil stocks to be clear)
Here you will find all the charts with different time frames of the stock: I’m not only interested in the structure on the daily but also on the weekly and especially on the monthly

Seeking value – as a contrarian strategy – among sectors that have greater future potential and among these sectors the stocks with greater relative strength

Halliburton is probably a synthesis of all this

I like the short (daily) structure with a double bottom on the handle of the cup, I like the weekly because a break would indicate a potential rise up to $ 23-25 and I like the monthly because the stock targets – even compared to what has done in the past – they are huge

If you also think that this is a stock and a sector in which to invest in the coming months, then share with me a contrarian strategy that today – in my opinion – is the best around.

Daily Chart

WEEKLY CHART

DAILY CHART WITH A CUP & HANDLE

TWO MONTHLY CHARTS

Become a Pro Member

Click the button below and subscribe to access to a whole world of professional contents!

More To Explore

-Premium

CRUCIAL MOMENT

I have noticed a clear correlation… You are unauthorized to view this page. Username Password Remember Me Forgot

Stefano Bottaioli Dicembre 6, 2023

-Premium

LET’S FOCUS ON DECEMBER

This is an analysis… You are unauthorized to view this page. Username Password Remember Me Forgot Password

Stefano Bottaioli Dicembre 6, 2023

Do you want to Improve Your InvestmentS?

we can do it together

Disclaimer

Nothing in this website constitutes a representation of any investment strategy and is not a recommendation, promotion or solicitation of any kind of investment products in any country of the world.

Nothing contained here is suitable or appropriate to a recipient’s individual circumstances or otherwise constitutes a personal recommendation. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments in any jurisdiction in the world. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in the report. The writer does not undertake that investors will obtain profits, nor will it share with investors any investment profits nor accept any liability for any investment losses. Investments involve risks and investors should exercise prudence in making their investment decisions. The reports should not be regarded by recipients as a substitute for the exercise of their own judgment. Past performance is not necessarily a guide to future performance. The value of any investment or income may go down as well as up and you may not get back the full amount invested. Any opinions expressed in these reports are subject to change without notice.

The securities described here may not be eligible for sale in all jurisdictions or to certain categories of investors. Options, derivative products and futures are not suitable for all investors, and trading in these instruments is considered risky. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related instrument mentioned in this report. For investment advice, trade execution or other enquiries, investors should contact their local sales representative. Any prices stated in this report are for information purposes only and do not represent valuations for individual securities or other instruments.