Below is a 5 year weekly chart. APA is currently sitting near its long term trendline (support). But seems to be in a shorter term downtrend and the 20 day (blue) and 50 day (green) EMA have crossed downwards. SP below the 200 day EMA so this may act as a magnet to pull SP up but will also be resistance level, making that $10 mark likely abstrong resistance point now.
The weekly MACD and RSI don't offer much joy either.
So I suppose first we would be looking for a break of short term downtrend, will the presence of the long term trend line be enough to hold SP decline and then reverse it
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