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Sunday, 4 March 2018
Diamondback Energy Inc (NASDAQ: FANG): 4 March 2018, Sunday, 11.59pm Singapore Time
Diamondback Energy Inc (NASDAQ: FANG):
4 March 2018, Sunday, 11.59pm Singapore Time
(Click on Technical Chart Above to Expand)
Attached is the Technicals for Diamondback Energy (NASDAQ: FANG) an energy, oil and gas stock that is listed in the US. The orange circled region shows why this energy company is considered the King of All Crude Oil and Gas Stocks by The Donovan Norfolk -- the shares price of this company does not fall even the slightest tinge with the worldwide crude oil and energy crash of 2014. The blue circled region is where The Donovan Norfolk live analysis in 1Q-2016 forewarned that 1H-2016 will mark the rock bottom of crude oil worldwide (refer to past track records). The full volume flow shows how powerful the market had been showing support for this stock even during energy winter. With winter over, and spring coming for Crude Oil, this stock is certified by market price action to be the strongest in Charles Darwin's Theory of Evolution. In the recent worldwide fearful but healthy sharp correction, this king of all energy stocks does not even falter at all. The sky is the limit now for such a most powerful stock.
This stock will now go into The Donovan Norfolk List of Top 8 for NYSE-NASDAQ.
The Donovan Norfolk Technical Rating: Extremely Bullish, with indefinite upside