meszaros
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DVN has completed its decreasing movement...

NYSE:DVN   DEVON ENERGY CORP
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In the previous analysis, we assumed the formation of a new decreasing wave structure, but the structure of the ATR axis of recent days has not confirmed this. Therefore, we strongly assume that it has reached the bottom of the exchange rate. You can now build a rising wave structure. The size and structure of which is a double fractal structure. The figure shows a good visible fractal , as well as the fractal structure of the double fracture. Which peak points or valley levels can be given by the ATR axis or its parallel axes. If the place of the theory of exchange rate rise is 55 usd level environment. The current level is a 35% rise in yield.
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