I am making a bet that Apache (APA) will bounce off the kumo support. Noticed how there is a long ‘tail’ a few days back. It suggest that it is not ready to go down so much yet. The possible risk could be its earning report is due in a couple of day (I think).… Continue reading Apache Corp (APA): A bet that it will bounce off kumo support
I think the sell off for Apache Corporation (APA) was overdone. Good opportunity for either a SHORT Feb Â Vertical PUT or a SHORT Mar Vertical spread. What do you think?