DVN trade ideas

TimZhang

One of the best oil company stocks.

christ1c

first target 40. the over 44

TradingMula

Target 35.50-36

Butec

Another possible setup is for DVN. If I am not mistaken we are in a possible wave 4 which could retest the support line of previous highs. This is possible since US index in on the rise and oil prices can drop accordingly. If so, this can be an oppurtunity to load up with some cheap oil stocks like DVN.

TimZhang

It is looking better to get back to $37+ again. There is a gap to $40 last year, this could be filled soon.

optionflow

Could be putting in an Island reversal here on daily above the 1.618 ext and approaching R3 below the 200 MA. Weekly bounce off S2. The ideal short would be at 50.46 which is the 61.8 retracement from the high. RSI at 76 and CMF is at 85.43 - warrants at least a pull back.. I would buy May $32P's and expect the trade to work within 1-2 days, if not, bail.

TradingMula

Price back to major resistance level

ChanonChai Updated 

DVN bullish after earning, possible reversal

ChanonChai

DVN bullish, follow if break 28.5 or wait for throw back

TradingMula

Depends on Crude oil here

motleifaul Updated 

It doesn't look like a return at moment.

TradingMula

Target $15 if this weekly AB=CD is valid

motleifaul Updated 

The newly opened little window has been closed imediately which opened the way for a further fall.

CurrencyTraderofForex

Buy reccomendation solely based on technical analysis.

TradingMula

waiting for price to break the triangle

TradingMula

Target $17

UmiOumi

DVN Insider APR16 PUT@1.31 Value 428239

ChunlaphopBur

Coach Batt's Homework 12/22/2015