Shares of Halliburton Company (NYSE:HAL) fell sharply on Monday, engulfing upside from the last three days. Anytime a stock reverses the up-moves from multiple days prior, it is extremely bearish. In this case, with Halliburton Company trading at multi-year highs, it is a strong sell signal. Investors should be looking to sell every bounce until Halliburton hits a target of $50.


Investors and traders sell shares of Halliburton Company