Apache's most recent trend suggests a bullish bias. One trading opportunity on Apache is a Bull Put Spread using a strike $90.00 short put and a strike $85.00 long put offers a potential 7.76% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $85.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Apache is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Apache is bullish.
The RSI indicator is at 79.89 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Apache
Sinopec, Apache in Talks to Invest in Canada LNG Project
Wed, 27 Nov 2013 05:31:48 GMT
The Wall Street Journal – Sinopec is in early discussions with Apache Corp.to buy a minority stake in a liquefied natural-gas project on Canada's Pacific coast, people familiar with the matter said.
Apache to Sell Assets to YPF?
Mon, 25 Nov 2013 20:10:03 GMT
Zacks – According to a recent Reuters report, Apache Corp. is discussing the sale of its assets in Argentina with state-owned YPF S.A.
WANdisco Certified Apache Subversion 1.8.5 Binaries Now Available
Mon, 25 Nov 2013 18:45:19 GMT
noodls – WANdisco Offers Latest Fully-Tested and Certified Subversion Versions for Free Download SAN RAMON, CA. – November 25, 2013 – WANdisco (LSE: WAND), a leading provider of high-availability software for global …
Investors Like Apache's Asset Sales
Mon, 25 Nov 2013 14:37:00 GMT
TheStreet – Apache's ability to create value makes it a worthwhile name in the energy resurgence.
Early movers: APA, CAT, OREX, CPB, JCP, BA & more
Mon, 25 Nov 2013 12:51:00 GMT
CNBC – These are the stocks posting the largest moves before the bell.
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