Halliburton stock is poised to rally in the following weeks

Halliburton Company is an American multinational corporation responsible for most of the world’s hydraulic fracturing operations. The company is one of the world’s largest oil field service companies. It has operations in more than 70 countries; it’s a giant company in the oil and gas industry.

Halliburton stock price is posed to rally in the following weeks. The oil and gas production stock is trying to reach a very strong imbalance on the monthly timeframe at almost $24 per share. The expectations for Halliburton stock price are very bullish for the following weeks. It could be a great position to hold for a few months if the stock starts reacting to the solid monthly imbalance seen in the below Halliburotn supply and demand stock analysis. This stock analysis has also been shared in Set and Forget’s online trading academy. This is the type of analysis you will get as a member of Set and Forget.

Halliburton stock price today

As supply and demand traders, we do not need to pay attention to fundamental analysis. Unless you are doing very short-term trading and scalping, you should not worry about fundamentals for stocks and ETFs.

Trading is just waiting for the right trigger points and scenarios to present themselves, this game has a name, and it’s called the waiting game. We must patiently wait for the correct scenarios and setups to happen and for the price to pull back or dip into the price levels we want to trade. These price levels are made of supply and demand imbalances in our case. You can use these imbalances to plan your trades in lower timeframes.

Join our supply and demand online trading academy If you want to learn how to trade stocks using our supply and demand trading strategy.