optionflow
Short

$DVN - Daily

NYSE:DVN   DEVON ENERGY CORP NEW
21 0 1
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.

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out