Altlas Pipeline Partners
Average Volume: 571,000
Volume % Change: 142% >>5 Hated Earnings Stocks That Deserve Your Love From a technical perspective, APL is trending higher here right above some near-term support at $35 to $34.09 with above-average volume. This stock has been uptrending strong for the last month and change, with shares moving higher from its low of $32.14 to its recent high of $35.93. During that move, shares of APL have been mostly making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of APL within range of triggering a major breakout trade. That trade will hit if APL manages to take out some near-term overhead resistance at $35.50 to $35.93 with high volume. Traders should now look for long-biased trades in APL as long as it's trending above today's low at $34.61 and then once it sustains a move or close above those breakout levels with volume that hits near or above 571,000 shares. If that breakout triggers soon, then APL will set up to re-test or possibly take out its next major overhead resistance level at $37.70.