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Watch for Shares of Apco Argentina (APAGF) to Approach Resistance at $26.52

Written on Thu, 07/29/2010 - 11:00am
By Chip Brian

SmarTrend has detected shares of Apco Argentina (NASDAQ:APAGF) have bullishly opened above the pivot of $25.90 today and have reached the first resistance level of $26.26.
We are watching for a cross of the next upside pivot targets of $26.52 and $27.14. Also, the shares are currently trading above the 50-day moving average of $24.60 and above the 200-day moving average of $23.43.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Apco Argentina on July 08, 2010 at $25.27. Since the call, the stock has risen 4.9%.

Keywords: apco argentina pivot points

Ticker(s): APAGF

Contact Chip Brian



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