timwest
Long

Devon Energy DVN is a coiled spring ready to rally

BATS:DVN   DEVON ENERGY CORP NEW
148 0 2
This is the same chart that I published a month ago and all I have done is shifted the rally further to the right. The target and the stop are the same.

Now that crude oil             prices are coming out of their slide, it could lead traders to find the laggards in the group to buy.

It looks like DVN             is a coiled spring here, ready for a nice rally.

12:32PM EST, Wed Jan 22, 2014
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