$APA - Energy | Oil & Gas energy sector leads in RS over a 4wk period. $APA outperformed among the S&P500 names from yesterday's market selloff with a double bottom price pattern from its correction in a 2-years uptrend. BO lvl coincides with confluence of VWAP & KMAs at $37.50
Buy July 15 2022 $20 Strike Puts for Apache NASDAQ:APA . Category: Beyond Technical, Wave, Cycles, Gann.
APA Corporation APA stock is still showing more strength recovering from its previous losses with a more upside potential to go. Entry: 18.70 Target: 20.00
Everything points to a possible rise! Good luck folks.
APA: multi months resistance break out in play. I like these sets up very much because the following move tend to be powerful. If you're bullish on oil, this is an interesting play. Trade safe.
First time i eneterd APA just after Crammer downgraded it to trash in early april for the price of 4.5. I sold out stock at 8.2, but keep eye on graph and got some profit thouth option trade later. We have a wave trend +60 -25% every month. The next wave next week, price must climb to 21 (then fall to 16). Expect oil uptrend to 50+ as a catalyst. Buy idea: APA...
Seeing curve and trend line, a big bounce can happen on Apache APA
Apache Corp is a petroleum and natural gas exploration and production company struggling with the current prices and the cycle of the industry. My PV for this asset is around $40 but could be tricky buying at this current level, however, the potential profit is more than 12%. Wish you the Best! Learn how to beat the market as Professional Trader with an...
Just wanted to point out a pattern I am watching to complete. APA is currently approaching the neckline of an inverse head and shoulders on increasing volume. Watch for a break above $50 on big volume.
I went long APA today at 41.92. oil has been rebounding the last weeks and i missed it. Still lots of rooms to the upside. watch RIG, DO, CRZO, SLCA, HCLP, EMES, SND, OAS, REN, ERX, UWT and some more.
Oil has been under non-stop pressure for the last few weeks, falling from new $55 to the $47 range. Talk is becoming overly bearish and that may be a great signal to buy. Another signal that oil may be headed up is the stock chart of Apache Corporation (NYSE:APA). The bullish combination of major support stretching back to August 2016 and a bullish inside bar...
Here we see Apache sitting on an interesting trendline confluence: The ascending (green) which dates to 1976 (39 years old!) Descending trendline, which forms the support of the descending channel, dating to 2006. For a long-term view, please see my previous post.
Not a good year, so far, for Apache shares which lost 32%. Although they appear to have lost "too much", long term chart shows that the price sits now at the intersection of a very old uptrend (green) and the support line of the falling channel (red). Probably, the following weeks will be very important as a break down bellow 36 can open the road to the 26 levels....
Shares are going to touch the support. I hope we will see short trading range and next up. Fundamental analysis does not look good. They have just half sales compare with last years. Anyways..oil and energy sector is looking worse in general.
APA had a quick drop to this $70-78 consolidation range after a 104.57 top on 7/31. A lot of room to go lower below the 10/15 low ($68.29). I got filled on one (delta 0.63) JAN15 75 Puts for $5.00. I don't have any idea what the company does (don't care), just looking at the chart. Risk - sell stop when underlying stock price is above $78.65. If that is not ever...
Starting to identify some short opportunities if we turn downward. Found a head and shoulders while learning to use tradingview charts. More to come...