thirtyoverpar

thirtyoverpar Updated 

In a longer term trend we will be finishing the corrective move that started in July of 2023 sometime around earnings. Because we broke 2/5/23 low on March 7 we should expect a final push lower in a 3 wave move. We have had the first leg so I suspect a move higher before being rejected to a buy zone in the $153 - $143 range before moving higher in a large wave 3...

thirtyoverpar

DVN appears to have finished its wave 2 bottom and is entering wave 3. Indicator went long on March 6 and is overbought on the daily so there may be an opportunity to buy after a pull back around $45. Either way if this is wave 3, there is a long way to go so just being in the trade is what's important. NYSE:DVN www.tradingview.com

thirtyoverpar

The correction of NIO appears to be over and has a potential for a long term swing reversal. The key low seems to be in place at $4.78. Confirmation of the low will be when the RSI Breaks out of the downtrend connecting the Jul 31 2023 high and the Dec 26 2023 high. If we were to get rejected and break the $4.78 low it would negate the pattern and price should...