Long HAL - Long Oil

Whats up Traders -

Looking out here at a 'swing trade'.

I'm fully expecting:

• oil prices to rise
  Production to stay curtailed
  The Iranian sanction lift to go off without a bearish pressure on the oil industry.
  Summer Demand / increasing demand to cause shortages
  Prices to Spike
  Oil Companies profit outlooks to rise
  

Long Halliburton / Oil is a solid low risk - high reward play here IMO.

Yorum:

Idea is holding strong - be on the look out for rising oil prices.