$APA APA Corp $29 PT
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APA trade ideas
Apache (APA) - [M1] - HODLING LONG & STRONGApache (APA) - Long this hydrocarbon producer starting Spring 2021 on anticipated inflationary pressures driving hydrocarbon energy such as oil and natural gas higher, along with legacy hydrocarbon ("fossil fuel") exploration & production companies higher. Now riding the global energy "crisis"" wave much higher yet still. Ultimate price target on the underlying oil and natural gas as well as the shares of oil and natural gas production companies remains as of yet unknown given emergent global energy situation continuing to unfold!
See description (below) for further details...
Ascending Channel Bounce The first theory I have published let me know what you think. Not investment advice, just a review of what I see.
-Ascending Channel, decreasing vol, 2hr chart
-MacD looks to be moving toward a cross
-RSI looks to be at the bottom of its downward trend from its overbought high
Expect an uptrend in channel if confirmed entry point 21.80 hit today.
APA: Ascending Triangle, confirmed (81PC)Ascending Triangle, confirmed (81PC)
Pros:
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 13, high
250RSI above 50
200MA ascending
Cons:
No volume at break out
Target:
PT = 32.14$
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BUY to APA CORPORTATION DailyHey my friends, APA CORPORTATION is in a fake bearish configuration with a large inverted candle and a fake return of sell volume made. Looking at the TIMEFRAME M1 we see a large inverted hammer candle with an explosion in the negotiated purchase volume, it has come to test the bottom of the comfort zone. To check it for then the other points of the bollinger and the VWAP then the top of the comfort zone for a test.
There is a great chance of breaking the price with the return of momentum at the same time the zone interferes on the one above and put on the top which follows. Before breakout a comfort zone propability of ascent (on TIMEFRAME H4) same point (on TIMEFRAME H1) failure of resistance and long termistism bullish channel.
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APACHE OIl LONGQuick little markup on Apache oil looks to be recovering nicely from covid crash, it just passed a major resistance of .23% next one is .38 I can see it recovering to atleast $25 maybe more depending on Biden decides to crack down on oil like he did fracking (I fibbed the last high before crash which is about $52)