As a reminder, I have a position in $HAL because the chart is looking primed for a test of the blue line again at $44 and I like this set up, also they have strong fundamentals
If this price action breaks above $44 and holds, the bull case is triggered and Wave 3 is confirmed.
OIL companies are up today, notably $OXY at 2.5% because a number of reports have said that Iran intends to strike Israel over the next 24-48hrs.
If this happens, Oil will certainly rise and this will not be a small conflict, these are two large players.
$OXY and $HAL I currently hold.
rajiv vijendran
2024-04-13 02:18:24 +0000 UTC