APA - Patterns Within Patterns

2022년 4월 25일

APA ready to roll over and crash here in tandem with USOIL.

2 ascending channels here with PA rising out longer term wedge to form a narrow and corrective ascending channel.

The channel has already broken to the downside to fall back into the larger ascending channel which will most likely also break to the downside.

Could be with impulse and a probable gap down to start the week.

RSI falling into lower quadrant also revealing bearish impetus.

Not advice.

2022년 4월 26일

노트

Massive gap down and then long legged hammer forms a shakeout pattern through the lower trendline of the lower ascending channel. It may move correctively while USOIL cliff walks, but sooner or later its going to fall again.

2022년 5월 6일

노트

Press play and see APA is back in the ascending wedge following an upward shakeout pattern. It could have a flurry to finish however its almost at the apex. Not long now before APA falls I think.