Technical indicators signal a Bullish Flag forming. Verify the setup on the chart.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Bullish continuation pattern.
Sideways movement between parallel supports.
Technical analysis of Halliburton (HAL) reveals a significant setup. Currently at $33.89, the asset is showing downward momentum (-1.17%). Our AI has detected a valid **Bullish Flag** pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at **$35.39**, targeting **$46.18** with support near **$32.96** (R:R 4.44).
What is your outlook on HAL?