Technical Analysis of STOCKS & COMMODITIES
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Apache Corp. Offers a Good Example of a Shakeout Pattern
ARTICLE SYNOPSIS...Apache Corp. (APA) broke a significant top in the $57.00 to $58.00 range last month. The positive relative strength and shakeout pattern indicated a further move to the upside.
ARTICLE SYNOPSIS...Shares of Apache Corp. have managed to make a chaotic, yet reasonably steady rise since early June 2012. Is this rally destined to go higher?
ARTICLE SYNOPSIS...Apache Corp. looks to be completing a bullish triangle formation, indicating a potential break to the upside. However, I would wait for confirmation before jumping in.
ARTICLE SYNOPSIS...Apache Corp. (APA) had been in a steep uptrend since late last year. However, the stock recently broke its long-term uptrend line, which has now turned into resistance.