meszaros
Long

DVN Rate Before Increasing...

NYSE:DVN   DEVON ENERGY CORP
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7
The exchange rate reached the bottom of the correction level. This level was around 30.5usd. We expect a definite increase from this level. The exchange rate increases in a triple wave structure. The peak of the first wave structure is 40.48usd. Then correction can be around 2-3 usd. Then rising second and third wave structures. Our target price is 48.4usd.

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