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Halliburton Is Headed Higher — Here's How to Trade It Now

Shares of Halliburton (HAL) staged a promising breakout on Thursday. The stock finished the session with a 3% gain on its heaviest upside trade in over eight weeks. This powerful move began with a gap higher open and ended with a close above a key overhead trend line.

With a very solid base underneath, Halliburton is set up well for further gains.

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In early June, Halliburton ran out of steam as it reached the $46 area. Prior to...