Nov. 14 at 4:05 AM
$APA is currently trading at
$24.69, showing a moderately bullish market context given the RSI of 56.06, which indicates that the asset is neither overbought nor oversold. The price is above both the 30-day moving average (MA30) at
$23.36 and the 50-day moving average (MA50) at
$23.48, suggesting a positive short to medium-term trend.
The recent high of
$25.8 and low of
$19.96 over the past 60 days indicates a range that supports potential upward movement. A breakout above the 60D high could signal further bullish momentum.
Suggested entry point:
$24.80, above the last close to confirm upward momentum.
Stop loss:
$24.00, below the recent support level to manage risk.
Targets: First target at
$26.00 (psychological resistance), second target at
$27.00, aligning with the bullish outlook.
Overall, the analysis supports a bullish bias for
$APA.
https://privateprofiteers.com
