TradingView
TraderDaddyOG
Feb 28, 2024 1:07 PM

DVN - Live analysis and why we could see a reversal soon 

Devon Energy CorporationNYSE

Description

Someone asked me for my thoughts on DVN and I thought it would be a good opportunity to do a live analysis of how I get my charts to look the way they do (messy).

The further you go down in timeframe, the more algorithms you start to see and create. But here is an initial Daily bias to go on - and look to see some of these long-term selling channels broken in order to see a larger move and sustained uptrend.

Happy Trading :)
Comments
Bluesun_78
Thank you so much! Appreciate your thoughtful analysis.
TraderDaddyOG
@Bluesun_78 my pleasure! Hope to see this thing play out the way we want it to. Need to see a break of green first!
Bluesun_78
@FourXTrades, Hi, do you have an update for DVN? It finally broke out. I'd like to see $64 over the next three months if possible.
More