Case 410 #CentennialResourceDevelopment Inc.
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#CDEV 1/4
![](https://pbs.twimg.com/media/EeklW7KXkAEUziE.png)
Weekly Chart: Price closed below #SMA 50 in Nov. 2018 and has never closed back above. Fibs, pivots and synthetic resistances are in perfect harmony. A close above horizontal synthetic 5.4557 targets .....
CDEV 2/4
CDEV 3/4
![](https://pbs.twimg.com/media/EekquiKXgAEyjQs.jpg)
Daily Chart: Immediate resistance is seen at the SMA 20 (0.8480) then the confluence of the SMA 50 and Jan. 2020 #trendline 1.00418 - 1.0623 respectively with SMA 200 at 2.11.
The #Strategy is printed on the image.
$CDEV 4/4
![](https://pbs.twimg.com/media/EeksHQzXsAA5nPd.jpg)