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Friday, October 15, 2010

Anadarko Petroleum Corp (APC) goes positive by breaking intraday moving average

The intraday price for Anadarko Petroleum Corp has moved above its 200 period 30 minute moving average of 57.46. APC is near 57 bucks now. Breaking above the moving average adds to the positive trend in the price.The price is above the trend line, which is about $57. Falling below that might indicate a change in trend.

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