APACHE CORP (APA-NYSE): Technical Viewpoint: From a low of $46.13 on Aug 15, 2002 prices rallied, reaching a high of $57.92 on Aug 27, 2002. A decline saw prices pull back, reaching a low of $51.70 on Sep 4, 2002. Another rally saw prices penetrate resistance, closing 9/16/02 at $58.33. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 15, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $56.75. Resistance: Is at $60.09. Point & Figure: Reversed to the upside on Sep 6, 2002. A P&F upside reversal takes place at $55.00. Summary: Technical indicators have turned bullish. BUY! APACHE CORP (APA-NYSE) @ $58.63 Stop: Use a protective stop of $56.13. APACHE CORP is currently trading @ $58.33 plus $1.04 on Sep 16, 2002. Price Objective: $67.00. Risk/Reward: $2.50 VS. $8.38. Today's Risk Reward Ratio: 3:1