JZ_Trading

Apache Corporation - Moving averages

NYSE:APA   None
From the chart & technical analysis the the faster Moving averages i.e 9 & 19 EMA are about to cross above the slower -50 - Moving average from below, therefore trend is switching to bullish and price might go higher in the coming days. Momentum indicator is showing overbought so there might be a possible role reversal.

*** This is not an investment advice***
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