Get started
AlyaAkram

DVN slides with the crude downward correction

Short
Devon Energy Corporation (NYSE:DVN)  
AlyaAkram  
NYSE:DVN   Devon Energy Corporation
Trend Analysis Chart Patterns Technical Indicators devon devonenergy Crude Oil WTI Crude Oil Symmetrical Triangle Bearish Patterns Oil oilstocks
0
0
trendanalysis chartpattern indicator devon devonenergy usoil crudeoil symmetricaltriangle bearish oil oilstocks
DVN stock is showing a bearish performance lately after breaking out a bearish formation (bearish symmetrical triangle) on the daily timeframe, yet the breakout is not confirmed.

With the technical indicators supporting the breakout confirmation, prices may fall hitting $25.70 and $24.15 consecutively.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.