APA Corporation (APA) is showing signs of a potential trend reversal with a Double Bottom pattern forming on the daily chart. The price has bounced off key support, and a breakout above the confirmation level could trigger upside momentum.
🔵 Entry: Confirmation breakout
🔴 Stop Loss: 18.42 (below the double bottom)
✅ Target: 31.00 (measured move projection)
With increasing volume, a breakout could signal a strong recovery. Traders should watch for confirmation before entering long positions.
🔵 Entry: Confirmation breakout
🔴 Stop Loss: 18.42 (below the double bottom)
✅ Target: 31.00 (measured move projection)
With increasing volume, a breakout could signal a strong recovery. Traders should watch for confirmation before entering long positions.
Trade closed: stop reached
Stop was triggered on 04/03/2025
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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.
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.