Halliburton Company (HAL) Candlesticks Chart Showing Weakness Signals

By Mark Moneymaster
November 25, 2009 12:57 PM

Symbols: HAL

Posted in: Movers

Halliburton Company (NYSE: HAL) shed well over 3.2% to $29.78 in early trading on Wednesday. The world’s second-largest oilfield-services provider said a reduction in business from Petroleos Mexicanos will bring down its earnings by about 2 cents per share in Q4.

Halliburton Company (HAL) candlesticks chart has already breached its moving average for 50 days from top, indicating short term weakness in the stock.

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Halliburton Company (HAL) Candlesticks Chart Showing Weakness Signals

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