The rally in commodities continues as the 2021 outlook becomes increasingly bullish.
APA Is in a very strong uptrend and on steady volume.
Next major resistances | targets
$17.87 June Pivot
$20.22 Gap Fill
$23.00 Fibonacci Golden Pocket.
Like all energy stocks APA can be very volatile and fall out of favor fast,
keep stop losses in play and bank profits....
Title says it all - as our followers know we bought and posted here in march for $4.35 and it ran up 400% - We sold. Now looking to reenter - not advice.#stocks #oil
Head and shoulders potentially bouncing off support to create an inverse head and shoulders big picture I see a descending wedge so risky play
(Buy)$15.11, (Sell)$16.05
Nice trend break yesterday on high volume-
RSI in reversal
MACD reversal and Histogram ticking higher.
Much depends on OPEC outcome
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Hi friends
the daily graph of this market shows a LOWER trend in the coming days with a vigilance of reversing this market towards the opposite direction
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First time i eneterd APA just after Crammer downgraded it to trash in early april for the price of 4.5. I sold out stock at 8.2, but keep eye on graph and got some profit thouth option trade later.
We have a wave trend +60 -25% every month. The next wave next week, price must climb to 21 (then fall to 16). Expect oil uptrend to 50+ as a catalyst.
Buy idea: APA...
