Energy service company Halliburton (HAL) has finished a downside correction and is now surging to the upside. Let's check out the charts and indicators of HAL, which was upgraded by TheStreet's Quant Ratings service Wednesday.
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We now have worries about the Fed raising rates while bonds are acting like the economy is going to slow dramatically.
The shares have recently failed at the underside of the declining 200-day moving average line.
We have a price target for this infrastructure engineering software firm.
This is typical bear market action in which stock picking doesn't matter much, and macro considerations are driving the indexes -- still, I've got a pick.