Halliburton Co

HAL formed a Bearish Exhaustion at early July, signaling sellers losing control and prompting a reversal bounce. Price has since held above the 200 DMA and rising trendline in an oversold context. Medium-term bias remains Bullish in a Stage 2 corrective reset, anchored by the long-term uptrend. Short-term timing is Neutral as price trades below the 9 and 20 EMAs, favoring deferred entry on pullbacks into the support zone or on reclaim of EMAs.

• ↑Latin America revenue +22% YoY; full-year mid–high single-digit international growth forecast
• ↑Zeus electric fracturing and closed-loop automation cut drilling times and boosted reservoir contact
• ↓Negative profitability metrics highlight weak cost control and margin pressure