DVN - Pullback ShortShort Targets: - Rising Window - Piercing Pattern support - Pivots (Fibonacci) S3 - 127.20 extension Shortby zerocashcoolPublished 880
Devon Energy | DVN | Long at $48Devon Energy NYSE:DVN recently expanded their share-repurchase authorization by 67% to $5 billion. Congressional House committee member Kevin Hern has also been scooping a pretty sizeable number of shares lately. On top of the 4%+ dividend and P/E of around 9x, NYSE:DVN is in a personal buy zone at $48.00. If it continues to rise, I anticipate some resistance around $56 before breaking through. Target #1 = $56.00 Target #2 = $65.00 Target #3 = $75.00 Longby NicksAnalysisPublished 3
DVN FORECAST FY24-26 : BLACK IS THE NEW GOLDWell just did my doomsday posts and now im making my doomsday longs supply chain shocks anticipation is my reasoning for all this NYSE:DVN made the list last oil crisis i made some killer yields on NYSE:DVN and NYSE:BP Longby Bekiumuzi_DubePublished 1
DVN - Devon Energy Corporation - Buy Idea 10.06.2024Here we have new bullish impluse and now the price is in retracement. There is a demand zone at the beggining of the impluse. We expect the price to reach the demand zone and from there to see new bullish movement. The demand zone is from 40.50 to 43.30. We expect the price to reach the last high - around 27% movement, and from there to reach the next high - around 50% movement. If the indicators are oversold when the price is at the demand zone - it will be the perfect scenario.Longby kolchev959Published 3
Low Risk, Higher Reward: Devon EnergyOil is setting up nicely for a move up. A sizzling hot economy still burning off stimulus with rate cuts will do that! Hopefully this trade will be valid for 2-3 months and PGMs will look good.by arama-nuggetroubleUpdated 5510
Weekly Chart Breakoutneed to keep eye on it. volume is more then last a few week and a nice up trend can come after thatLongby ozgurbozkayaPublished 1
DVN triangle breakoutReasons for bullish bias: - Price bounced from strong support - Entry is at the breakout of the triangle - Targets set till projection Entry Level(Buy Stop): 45.96 Stop Loss Level: 40.21 Take Profit Level 1: 51.71 Take Profit Level 2: 63.19 Take Profit Level 3: OpenLongby TradeWithParasUpdated 884
DVN - We broke out of strong selling algos. Next stop - tapered Haven't updated this in a while - i've been holding long calls throughout this strong movement. Will look for the next breakout of orange tapered but expecting some resistance there ($51 level) where we can see price falling out of purple and finding blue continuation support. Will update as we get there Happy Trading :)Long01:59by ReigningTradesPublished 224
DVN – Where’s it going?DVN is rallying and is looking strong. The RSI hasn’t been this strong since 10/21 and that lead to a rally that saw the stock double. I am skeptical that this happens again. It could be overbought here. It has a lot of overhead supply where it may meet resistance. The fact that it has recovered the 200-day SMA should attract attention of fund managers. Scenarios I see are that it could advance to the 52 area and retreat or we can see an area to the 45 area and that is probably a nice spot to go long. If DVN can clear 55 I think any retracements are buyable. Longby BubbalouiePublished 4
🚀 DVN Wave 3DVN appears to have finished its wave 2 bottom and is entering wave 3. Indicator went long on March 6 and is overbought on the daily so there may be an opportunity to buy after a pull back around $45. Either way if this is wave 3, there is a long way to go so just being in the trade is what's important. NYSE:DVN www.tradingview.comLongby InvestwithKylePublished 0
$DVN - LongNYSE:DVN looks like a good long position into earnings. Has taken a significant beating over the past few months. Bounced off a strong level of support in low $40s. Rotation into energy, geo political risks, etc. Looks like a cup and handle could form. MACD is tilting up, and could cross. RSI has already crossed.Longby jhuey235Updated 555
DVN - Live analysis and why we could see a reversal soonSomeone asked me for my thoughts on DVN and I thought it would be a good opportunity to do a live analysis of how I get my charts to look the way they do (messy). The further you go down in timeframe, the more algorithms you start to see and create. But here is an initial Daily bias to go on - and look to see some of these long-term selling channels broken in order to see a larger move and sustained uptrend. Happy Trading :)08:59by ReigningTradesPublished 333
DVN longAfter the descent of the oil and the ascent of the dollar, DVN could benefit from a mean reversal momentum Fibonacci suggests a tasty target to $46Longby ilbaronejagerPublished 110
DVN weakness could mean 20$s prices...Looking at the weekly support-resistance levels we're at important support level right now, if its broken we are potentially going to 25-20s prices Shortby foreverzzz05Published 221
Long growth stock worth considering.Devon Energy could see decent growth over the next few years, with energy prices going up globally because of a number of variables associated with government policies that effect fossil energy imports. Keep a look out for policy changes and importing and exporting crude costs. Longby bunderflickPublished 0
DVN Devon Energy Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of DVN Devon Energy Corporation prior to the earnings report this week, I would consider purchasing the 47usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $3.25. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptionsPublished 1
DVN ready 31 aug 2023If you get an entry at 49 then that would be perfect with SL. Dvn should breakout anytime Longby THECHAARTISTPublished 2
Symmetrical TriangleNeutral pattern until broken with a trend in that direction. The top line slopes down and is resistance. The bottom line slopes up and serves as support. Price is at support. No recommendation. by lauraleaPublished 222
Symmetrical TriangleTop line slopes up indicating lower highs and bottom line slopes up indication higher lows. Neutral until broken. Earnings 8-1 AMC. Analysts do not appear positive on earnings. No recommendation.by lauraleaUpdated 7
Devon Energy (DVN) Gearing up !!Devon energy on technical chart is gearing up for bullish momentum. On weekly chart 1. It has crossed 20 and 200 EMA 2. Falling trendline broken and closed above it. 3. Once current resistance zone crosses above $55, it will continue for good upside. 4. Consolidation of price from Mar till June in range and now ready to breakout. Longby abrahmePublished 2
One to Watch: DVN, 2/18/23One to Watch: DVN , 2/18/23 *(video coming...maybe) Potential Weekly stage 3 breakdown/ INT/LT trend reversal? Distribution since March 22': (courtesy VolumeLeaders) 15.8M @ $66.80 = $1.1B (39) 8.62M @ $74.90 = $650M (28) 10.3M @ $60.10 = $620M (53) 8.31M @ $68.50 = $570M (65) 10.1M @ $53.80 = $540M (24) (closed under spot on W basis) Is DVN a place that will see relative weakness over the next 3-6 months? Are people offsides and we're seeing the movie theatre exit on lower timeframes? Multi timeframe- st extended. inverted 5 ema, 8sma st guide, inverted 30 dma/85dema int guide. Note*- PEG to spark trend reversal? 2 earnings gaps downs in a row. Will "investors" lose faith as institutions continue to monetize inventory from much lower prices? Risk- continued stage 3 sideways action, violent undercut and reversal. Shortby VIncentAntanucciUpdated 0
DVN - Inverted H&S An inverted H&S following a falling wedge I use the inverted H&S as a chart pattern that allows continuation Circles placed are left shoulder, head and right shoulder. by BixleyPublished 1