Get started
RizeSenpai

Rising Wedge with Bearish Divergence and Evening Star Doji

Short
APA Corporation (NASDAQ:APA)  
RizeSenpai  
NASDAQ:APA   APA Corporation
Chart Patterns Technical Indicators Trend Analysis eveningstardoji Rising Wedge bearishdivergence bearishdivergences Hanging Man Energy Commodities
1
1
chartpattern indicator trendanalysis eveningstardoji risingwedge bearishdivergence bearishdivergences hangingman energy
We seem to be showing some weakness on the RSI and MACD in the form of Bearish Divergences.
At the same time we are at the supply line of a Rising wedge Visible on the Daily and Higher Timeframes.
We have printed a Dragonfly Doji at the Highs and if we close Bearishly today it will be an Evening Star Doji Confirmation. I'm expecting about a 30%-60% Decline from here.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.