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.
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.