Per My Fibb Analysis Now Gbp Usd In Uptrend Upto 1.34456 After It Will Reject And Then I Will Reach 1.25993
I took some time this morning to go over the chart for Devon Energy. It looks like there is a lot of room for potential. 35 Analysts say 86% BUY. Trend continuity is in perptual uptrend. There's a steady diagonal line there. Earnings report coming up in July. There are some good short squeeze positions at the pinnacle of those bounces as well however if you buy...
If the horizontal support break, the upmove will continue until the blue resistance.
Quantstamp has found a very strong support at $0.08. The support is confirmed by two Fibonacci retracement levels. First is 38.2% Fibs applied to the uptrend trendline breakout point. Second is 127.2% Fibs applied to the corrective wave up after the trendline breakout. Clearly the support has been rejected and price produced a double bottom on the lower time...