meszaros

DVN before another 41% increase.

Long
NYSE:DVN   Devon Energy Corporation
DVN before another 41% increase. analysis was exactly followed by the movement. Current analysis shows that the chart is closed above the D1 ATR distance (white rectangle) and also shows that the upper level of the D1 ATR functions as a support. I hypothesize that the motion will turn north from the 15.61 usd level and rise to the 22.19 usd level by building a second rising wave sequence.

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