$APA – APA Corporation explores oil and natural gas through its subsidiaries. It produces oil and gas with operations in the United States, Egypt, United Kingdom, and offshore Suriname. The company was founded in 1954.
Market Capitalization 8.199B
Ownership Summary: 82.63% Institutional Ownership
The price chart has formed a rectangle pattern since March 2021, finding strong resistance at the $23.60 price level. The current price is above the 200 EMA. A daily close of $24.40 will confirm the breakout from the rectangle pattern with a possible price target of $30.70.
$BDX – Becton, Dickinson & Company is a company in the Health Technology sector that engages in developing, manufacturing, and selling medical supplies, devices, laboratory equipment, and diagnostic products used by healthcare institutions, physicians, clinical laboratories, and the pharmaceutical industry.
Market Capitalization 72.711B
Ownership Summary: 85.87% Institutional Ownership
$BDX has been in a trading range since January of 2021, and a Rectangle pattern has been forming since then. The price has been crossing up and down the 200 MA in the daily chart. A daily close above $267.00 will confirm a breakout from the resistance level of the rectangle, with a price target of $283.00. A daily close of $237.00 will confirm a breakdown from the support level of the rectangle, with a price target of $212.00.