Analysis Summary For Dominion Energy (D)
Analysis Date: July 27th, 2023
Time Target: August 15th, 2023 (+/- 5 trading days)
Price Target: $43 (+/- $3)
Projected Move: 200% gain by June 23rd, 2024 (~10 months)
Our work shows that Dominion Energy (D) will experience about 200% increase between August of 2023 and June of 2024.
Trading Recommendation:
A long position should be established as soon as D reaches the price $43 (+/- $3) which is expected to happen around August 15th with stop loss at $38. If D pushes above this level, the overall forecast will fail. A 200% increase should follow into the end of June of 2024 (about 10 months).
A more detailed analysis will be available as we get closer to the August turning point.
