Crude oil prices have remained firm for much of the year, and that strength continues to ripple through the energy complex as investors lean into names tied to production growth and drilling activity. While a lot of the attention has centered around the major oil producers themselves, some of the more technically constructive setups are now showing up inside the oilfield services space where demand trends remain supportive. One chart that continues to separate itself from the group is Halliburton (HAL), which has quietly been building a strong pattern of higher highs and higher lows since late last year. What really put the stock on today’s Trade of the Day radar is the fact that its 1-month price remains firmly above the 10-month simple moving average, a PowerTrend “Buy” signal that first triggered back in Sept ’25 and has stayed intact ever since, reinforcing the underlying strength behind the move rather than signaling a short-term spike.

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Regarding how I’d look to trade it, this is the kind of setup where a straightforward call option purchase can make sense for traders looking for bullish exposure without committing full stock capital upfront. Option premiums are not carrying excessive extra volatility pricing right now, which keeps the structure relatively clean while still allowing traders to participate if the trend continues higher. The appeal here is the asymmetry: risk stays defined to the premium paid, while upside participation can accelerate if momentum persists. In fact, one current call setup would be on track to return roughly 90.9% if HAL were to rally another 10% by expiration, highlighting the kind of leveraged upside potential that can exist in a trending environment, though outcomes can vary significantly depending on timing and market conditions.

Strong trends tend to stay on traders’ watchlists for a reason, especially when both sector conditions and technical signals continue to align beneath the surface. If you enjoy seeing these types of high-conviction chart setups but want the exact option structure, strike selection, and trade management process behind them, our Weekly Workshop Newsletter breaks it all down step-by-step. Start your first month for just $1 and see how we’re approaching today’s best opportunities in real time. Don’t wait, begin your trial period today!

Wishing You the Best in Investing Success,

Blane Markham

Chief Trading Strategist

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