Devon Energy Corporation ( NYSE:DVN ) Sector: Energy Minerals (Oil & Gas Production) Market Capitalization: 34.114B Current Price: $50.39 Breakout price: $51.30 Buy Zone (Top/Bottom Range): $47.80-$44.40 Price Target: $56.20-$57.60 Estimated Duration to Target: 74-77d Contract of Interest: $DVN 4/14/22 55c Trade price as of publish date: $3.10/contract
DVN ready to drop ma 200 diverging from minor sine wave price has reached top of major sine wave
Devon Energy (NYSE:DVN) will also report its third-quarter earnings on Nov. 2, but Wall Street has even bigger expectations from this oil stock and expects to see nearly 200% growth in sales and 60% growth in its earnings in Q3. Importantly, beyond its quarterly numbers, what matters is Devon's capability to efficiently return capital to shareholders in the long...
When the market reached a (new) All Time High earlier today I wanted to get some short Delta in my positions. I learned my lesson during the 'recent unpleasantness' bottom of 7/19 that being all net long puts one at risk of volatility in a portfolio... even if the positions themselves individually remain strong and profitable. This morning's volatility setup a...
Hi, another idea from the stock market. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates approximately 3,942 gross wells. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City,...
NYSE:DVN Possible Scenario: LONG Evidence: Price action TP: 25.5$ *This is my idea and could be wrong 100%
I took some time this morning to go over the chart for Devon Energy. It looks like there is a lot of room for potential. 35 Analysts say 86% BUY. Trend continuity is in perptual uptrend. There's a steady diagonal line there. Earnings report coming up in July. There are some good short squeeze positions at the pinnacle of those bounces as well however if you buy...
I took some time this morning to go over the chart for Devon Energy. It looks like there is a lot of room for potential. 35 Analysts say 86% BUY. Trend continuity is in perptual uptrend. There's a steady diagonal line there. Earnings report coming up in July. There are some good short squeeze positions at the pinnacle of those bounces as well however if you buy...
📌Short intro: Simple ideas - No junk * Full time trader - analyst * High accuracy of ideas * Technically and Fudnamentally side in analysis * Comment if have any questions or like if want to send support * FX - STOCK - CRYPTO * 💡 DVN technically based idea, we can see price is bounce from bottom trend line, technically indicators showing we can expect higher...
DVN correction motion end. The fractal pairs seen in my analysis have the following properties. The fractal currently under construction is double the original fractal structure. It can be seen that the ATR axis (orange dashed line) of the fractal now under construction is ascending. This means that the rise in the exchange rate will be provided by a growing ATR...
DVN additional 52% increase. A double fractal can be seen from the analysis. This double fractal is composed of a doubled wave sequence. Currently, an ascending wave sequence is under construction. Rising wave sequence target price: 27.72usd
DVN before a 34% increase. Based on the analysis, I assume that after a sudden larger correction (-8%) that came today, we can see an increase again. The fair value of DVN is 24.1 usd. Therefore, we choose this as the primary target price. After reaching the target price, I assume a further increase.
You can see what happened the last two time this stock touched that trend line where i boxed in, the most recent time it took some time for it to bounce back off the trendline again so this time could be the same.
$DVN Long (Bullish Pennant in 15mins) Watch Live
$DVN Long (Bullish Pennant in 15mins)
DVN second rise. It can be seen that DVN can build a second ascending wave sequence. The size of the rise is similar to the size of the first wave sequence. Continuing the analysis, hold the long position. Target price remains unchanged 22.19usd