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arama-nuggetrouble
Feb 12, 2024 4:29 AM

Low Risk, Higher Reward: Devon Energy 

Devon Energy CorporationNYSE

Description

Oil is setting up nicely for a move up. A sizzling hot economy still burning off stimulus with rate cuts will do that! Hopefully this trade will be valid for 2-3 months and PGMs will look good.

Comment

we still need confirmation of the break

Comment

still hasnt broken. also possible oil weakness so waiting for breakout

Comment

Comment

UP UP UP, not selling

Comment

Dumped on the open at $52
Comments
eddierodriguezroman
This is a nice set up looking into some leaps thank you
Chartguru1
Nice looking wedge. I jumped in CRK AND NBR
arama-nuggetrouble
@Chartguru1, be careful my brother this is a coin flip for sure!
Chartguru1
@nuggetrouble, lol. Aren’t they all ….but energy space is more long term at these levels. Thanks and gd luck
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