John Bollinger invented the Bollinger Bands, which are a sort of price envelope. Bollinger bands help determine whether prices are high or low on a relative basis. They are used in pairs, both upper and lower bands and in conjunction with a moving average. Bollinger Bands are price envelopes drawn at a standard deviation level above and below the price's simple...
When the price of an asset moves in an overall bullish trend before correcting lower, it forms a falling wedge pattern. Two converging trend lines are drawn within this pullback. When the price action bursts through the upper trend line , or wedge's resistance, the consolidation phase finishes. In a clear uptrend, the most typical falling wedge formation occurs....
The descending triangle pattern usually appears at the end of a decline or following a downtrend correction. However, it can also happen during an ascent as a consolidation. Price bounces off the support level at least twice, forming the pattern. After the end of a retracement in a downtrend, the pattern is completed. A significant bearish momentum-led slide is...
A rising wedge is a bearish stock pattern that starts out wide at the bottom and narrows as the trading range narrows and prices rise. This implies a slowing of momentum, which normally precedes a downside reversal, allowing traders to see potential selling opportunities. When a stock consolidates between two converging support and resistance lines, it forms a...
Support is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest. The Price Now Is Exactly near to support line, and this is the best timing to buy and get profit when it Hit the TP price. The entry price is at 46.17 which now at the middle between...
A bullish pattern is the collapsing wedge. These two patterns, when combined with the rising wedge formation, make a significant pattern that signifies a change in trend direction. In general, a falling wedge pattern is thought to be a reversal pattern, yet there are instances where it might help a trend continue. When the APA stock price moves in an overall...
Support is a price point below the current market price that indicate buying interest. Resistance is a price point above the current market price that indicate selling interest. The Price Now Is Exactly near to support line, and this is the best timing to buy and get profit when it Hit the TP price. The entry price is at 46.77 which now at the middle between...
Based on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF $APA exceeds Frisay's high of $44.17 during tomorrow's session.
APA ready to roll over and crash here in tandem with USOIL. 2 ascending channels here with PA rising out longer term wedge to form a narrow and corrective ascending channel. The channel has already broken to the downside to fall back into the larger ascending channel which will most likely also break to the downside. Could be with impulse and a probable gap...
1 Day timeframe:- Rising wedge 4 Hours timeframe:- Consolidation (support zone) BB:- Previous 2,3 candles are outside of lower line Setup:- Go long after breakout of CONSOLIDATED ZONE and Gap window get filled.
First wave: 8 to 16. We can see how strong AA was to make +100% gains in about 10 months Second wave: 16 to 24. It took another 10 months for +50% gains Third wave: 24 to 31. APA made another +30% in two months Fourth wave: 31 to 44. The highest gains could be +42% in 3 months Although we did not participate in the entire rally from the bottom 8 or waves 1-3,...
Buy July 15 2022 $20 Strike Puts for Apache NASDAQ:APA . Category: Beyond Technical, Wave, Cycles, Gann.
We seem to be showing some weakness on the RSI and MACD in the form of Bearish Divergences. At the same time we are at the supply line of a Rising wedge Visible on the Daily and Higher Timeframes. We have printed a Dragonfly Doji at the Highs and if we close Bearishly today it will be an Evening Star Doji Confirmation. I'm expecting about a 30%-60% Decline from here.
Test of 30 day ROC on APA. important to see the rate of change on price in order to rank stocks on momentum basis.
You can buy APA target 31 stop loss 24 Money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck
Again, special request by a follower to do BTE . APA stock trades on US markets. It is part of the S&P energy sector Index. Left hand side graph shows a confirmed Ascending Triangle on the daily with a possible total gain of 96% and a price target of 47$. Right top graph shows an ascending triangle (Not confirmed) on the weekly with possible gains of 121% for a...
APA is bullish here, Good entry. RSI is curling up.
In this video I would like to share my thoughts on TA on APA Corporation. Chart is a bit extended on weekly and hits roght now support/resistance also on weekly creating H&S formation on daily.