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...After a four month downtrend, Charles Schwab (SCH) had a high volume day which seems to have gotten rid of the final sellers. Now it may be ready to start moving up again.