Wednesday, April 1, 2015

Two Energy Names Worth A Look

Halliburton ($HAL) and Patterson Energy ($PTEN) are two stocks with similar technical set ups. Both have been basing for roughly 5 months after nasty gap downs in December.  $PTEN is now trading above the high of the base and $HAL is close to trading above its high which is $44.37. Depending on your time frame I believe both offer a decent risk reward opportunity.

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