The DVN share price is rising. In our view, energy prices are slowly increasing. This is followed by the share of oil and processing companies. Technically, the exchange rate is a first-time correction of an upward trend. This is about to end. According to our strategy, USD 31 is already an upward wave rate. If this statement is correct, it can last up to 52.13 usd for the current move. This requires a further waveform, so at this level we expect a $ 39 correction. Then we expect a wave of wave motion to increase to a higher level, for which we expect to reach 67 usd levels. As the increment is expected to be 2 wavelengths, after a further correction, a pre-amplitude wave may raise the exchange rate up to 100 usd levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.