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Bullish Engulfing Candle Forming
Although holding strong through last weeks 3% S&P correction, 
APA has pulled back off of it's post earnings highs. After starting a minor downtrend, we have seen a nice bounce of resistance and are forming a bullish engulfing candle. If we can rally into the close, I see a breakout of the topside descending resistance line.
Investment time frame: 3 days
PT: $104.50
-----Contingent on price closing higher than Fridays open
APA has pulled back off of it's post earnings highs. After starting a minor downtrend, we have seen a nice bounce of resistance and are forming a bullish engulfing candle. If we can rally into the close, I see a breakout of the topside descending resistance line.Investment time frame: 3 days
PT: $104.50
-----Contingent on price closing higher than Fridays open
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.