meszaros

The DNR exchange rate is decreasing.

NYSE:DNR   DENBURY RES INC DEL
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The decline in the exchange rate has not yet been completed. Based on ATR calculations, 86.7% of the 6.83 usd peak is expected to be down. This level could be 0.93 usd. This is considered to be the level of circulation. From here we expect an ascent, which means building a double wave structure. The second rising wave structure may emerge from a side band. The size of this sidebar may be between 2.23 and 3.61. Then, a repeat rise with a target price of 4.45 usd. This means a 380% increase in the level of correction. Briefly, trading started near the level of correction, and its profitability is high.
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