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Apache Corp (APA) Crosses Pivot Point Resistance at $42.94

By Nick Russo

Shares of Apache Corp (NYSE:APA) have bullishly opened above the pivot of $42.45 today and have reached the first resistance level of $42.94. Analysts will be watching for a cross of the next upside pivot targets of $43.23 and $44.01.

In the past 52 weeks, Apache Corp share prices have been bracketed by a current low of $0.00 and a high of $69.00 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.14% higher and 2.42% higher over the past week, respectively.

Apache Corp (NYSE:APA) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $45.92. The stock should find initial resistance at its 200-day moving average (MA) of $44.99 and further resistance at its 50-day MA of $49.61.

SmarTrend recommended that subscribers consider buying shares of Apache Corp on March 21st, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $37.35. Since that recommendation, shares of Apache Corp have risen 14.2%. We continue to monitor APA for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts Apache Corp

Ticker(s): APA