Halliburton Battling Down-Trending Crude, Resisting Trough Tho

With Oil plummeting through the first-half of Friday's market session, $HAL has dropped nearly 0.5%, but this will help to establish its new bottom trough. The last was in the 9.5-9.7 range, and this one may not be any lower than 11.2-11.4. The gains, over time, are occurring: It is easy to panic with the oil economy still struggling to regain its foothold, but overreactions to a trough establishment would be just that. A short is in play, but the gain might be small enough that focusing on it isn't the actual best use of one's trading day? Happy trading even so!