Halliburton (HAL) Bullish Technical Alert - Trend Up 50.5%

Halliburton (NYSE:HAL) is trading 2% higher (up $0.60 to $30.91) today on volume of 6,961,484 shares. The stock is trading near its 52-week high of $31.95. We are watching for a close above that level.

Halliburton is currently above its 50-day moving average of $27.34 and above its 200-day moving average of $21.74.

SmarTrend is bullish on shares of HAL and our subscribers received an Uptrend alert on July 15, 2009 at $20.54, which has returned 50.5% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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