Don't Ignore This Chart!

Air Products Surges on Big Volume


Air Products (APD) is part of the chemicals group and the basic materials sectors. After surging to resistance in March, the stock consolidated around the 60 the last few weeks. The bulls came out in force as the stock surged to its highest level of the year with big volume on Wednesday. Could that consolidation be giving way to another leg higher?


Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
Subscribe to Don't Ignore This Chart! to be notified whenever a new post is added to this blog!
comments powered by Disqus