APA – Long Term Trade – Setup

• A Fib between the Low in Feb' 09’  and the High in June 08’ shows the current prices channeling between the 61% and 50% region

• My Entry will be just above $108
• My Stop will be set conservatively at the early Feb. Low of just under $95
• My Primary Target is around the $120 area, while my Secondary Target is at around $140.