Hey people, HALLIBURTON CO
is in a bullish
momentum with a large volume
of past buying and a sort of water-carrying candle followed by a trace mark of buyers. In the TIMEFRAME M1
we observed a form of marubozu
with a rising leg and a high volume
of purchases issued. It goes towards the base of the bollinger
to test it then go to its highest acompanied by the VWAP
and finish on the top of the comfort
zone to check it.
Great possibility of breaking the price with the momentum of both the zone to reach a second and land on the next high. But for the moment this scenario is unlikely due to the failure of the first comfort
zone falling rupture filling. So pre-session losses are not going to be made up for the moment, short and long term investors lack.
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