$HAL - WATCHLIST - LONG TERM -
Added 2024-04-04 13:18:49 +0000 UTCOk this has been brought to my attention by one of our members, I have uploaded this here before but it has been awhile but still moving in our impulse count.
That being said, the structure is a lot more clearer now and we have a strong looking chart and ascending triangle right now.
I have also assessed the fundamentals and this is undervalued with strong margins.
Price is also above the 50 and 200 Day MA, with the 50 Day MA about to cross through the 200 Day within the next week or so.
The key here is to get the breakout above the blue line at $44, a break above this level and holds, then we have the bull case triggered and Wave 3 looks sets to complete at the 1.618 Fib at $87 by 2026.....yes, it is 2 years away but this is looking strong.
Dividend of 1.67% also helps.
This is certainly on my watchlist now as a long term hold
Comments
Since oil and gaz stocks are waking up, would it be interesting to look at VIST ? This one was really printing in last year run.
Luc
2024-04-04 13:41:30 +0000 UTC
