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Halliburton (HAL) NewsBite - HAL Hits 52-Week High

Oct 21, 2009 (Fresh Brewed Media via COMTEX) --

Company: Halliburton Co (HAL)

Halliburton (NYSE: HAL) hit a new 52-Week high of $31.94 so far today. Currently the stock is up $1.10 (3.57%) to $31.90 on 8,292,465 shares traded. Today's high is up $19.10 from a 52-Week Low of $12.80. Halliburton stock has been showing support around $29.47 and resistance in the $32.31 range. Technical indicators for the stock are neutral and S&P gives HAL a neutral 3 STARS (out of 5) hold ranking. Halliburton rose to a new 52 week high today and is currently trading up 3.75%. The company reported better than expected earnings last week for its third quarter. If you are looking for a hedged play on HAL the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 22.50 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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Company: Halliburton Co (HAL)


Related terms: earnings, nyse, S&P

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