Technical Analysis of STOCKS & COMMODITIES
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DownloadApache 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.
Frontier Oil - A Classic Example of Broken Support Turned Resistance
ARTICLE SYNOPSIS...Frontier Oil broke a spread quintuple bottom in the $14.50 to $15.00 range back in July. Since then, this area of broken support has acted as stiff resistance for the stock.
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