Dominion Energy (D) V2.0 bounce ??
A completed Butterfly harmonic pattern ( and a broad market rally) caused a 12% bounce in Dominion Energy (D) from mid December 2022.
Additionally an earnings beat helped.
Another opportunity may be at hand as momentum has reverted to its previous Dec level and we have an extension of the original pattern
I have provided suggested targets if the price convincingly breaks out of the rose shaded trading band (~$64)
Just a possible opportunity if there is resumption of a strong upward broad market.
as always DYODD and pay attention, particularly to energy prices..
S.
Additionally an earnings beat helped.
Another opportunity may be at hand as momentum has reverted to its previous Dec level and we have an extension of the original pattern
I have provided suggested targets if the price convincingly breaks out of the rose shaded trading band (~$64)
Just a possible opportunity if there is resumption of a strong upward broad market.
as always DYODD and pay attention, particularly to energy prices..
S.
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.