Halliburton (HAL) suffered, nearly bleeding out to the under 12/s mark-- weakest close was @ 12.25 per share. It is now over 13, and it will re-test the 16-point of resistance around the end of this month (June). Expect by July 4th the typical spike in gas prices, with HAL gearing up to provide the first-steps of that recovery boon. 16 per share is entirely within reason, and it does not make a horrible sell point (Though we have established a high-upside of 22-plus).
Patience is now being rewarded with HAL, while many did short and re-position their holdings. Due to the LT nature of this holding (7 to 12 months) these fluctuations in the market can be capitalized on, but the recent nadir of USOIL is temporary and HAL is climbing out of its (very shallow) hole that saw it attempt to touch the 12/point as a trough.