Following on from my previous analysis we can see that DVN has followed the trend towards our price target of $26+. On Friday afternoon the line of resistance that we have seen stay consistently strong remained unbreakable, emphasised with a slight retracement after touching it mid-way through Friday. Furthermore I have analysed DVN on a greater time scale...
DVN is currently on the correct path to hit the $26.11 set price target. From my analysis we can clearly see a bearish flag forming which would heavily indicate an upcoming correction of Devon Energy's stock value. Balanced with the formation of the bearish flag is the double fractal sequence which sees DVN's price target at $27.72. Enumerating both factors we can...
ALPP is looking really good for $10 price target if not higher (hopefully $25). I've done some analysis and we can clearly see a descending wedge forming which would heavily indicate the bounce up to the price target of $10+ once up-listed to NASDAQ. A slight retracement at the end of Friday emphasised the formation of this market structure so we can hope to see...
