Devon Energy CorpNYSE:DVN For everyone who knows me, I always advise you to trade simple things. And to trade only what you see on the chart. Another simple instrument in the shorts for the next session is DVN. At the nearest trading session I will also consider this instrument in shorts after 13.01. The instrument is in the hisorical lows, we see here the reverse parabolic rounding, it has passed a part of realization, if the market falls, the paper will fall after it. When trading in shorts, ATR will not matter here, because we are in historical lows. I will trade here a break-down model of the support level at 13.01. If you correctly calculate the risk of a trade, take the minimum 3 to 1 or even more - it will be quite easy. Anyway, I recommend always to trade from your risk management and money-management. Shortby Alexey_MalorodovUpdated 555
Stock DVN SeasonalityStock DVN seasonality starts to Buy date on February 20 and ends Sell date on April 23 Percent Profitable is 78.95% in 19 years and an average return of 9.09% per year Longby Season_Spread3
Devon energy, time for a Boost?Price gained support after a fall yesterday. Stochastic and MACD looking bullish, nice day/intraday tradeLongby Slippery09Updated 6
DVN before rising 31%.DVN before rising 31%. A common rule in the world of fractals is that the wave sequence within the fractal develops symmetrically to the extremes of moving averages. We trade this set of rules. In case the analysis is correct, the exchange rate turns north from 22.43usd. From this level you can begin a more significant uptick with a target price of 29.53 usdLongby meszaros18
DVN -BULLISH WEDGEBreakout has occurred on Monthly chart of Bullish wedge patternLongby simtrader19a3
DVN BULLISH WEDGEPrice has broken the upper trend line of a Bullish wedge patternLongby simtrader19a3
DVN before rising 31%... The analysis shows that the exchange rate correction (yellow square) is halved. According to fractal rules, the rising (main trend wave) amplitude can be doubled. Based on this set of rules, we can reasonably expect that the rising wave target currently being developed will be priced at 29.23 usd.Longby meszaros19
DVN exchange rate before 39% rise... The analysis shows that the exchange tests a MA (50) axis symmetrically. This is similar to the symmetrical backtest of the previous fractal. I look forward to completing this correction tomorrow and turning north again. In the event that the price copied the previous fractal sequence (which I see the greatest chance of), it could repeat itself around the MA (100) axis. From there, I'm expecting a higher rate of climb. The price of this target is 30.16 usd.Longby meszaros22
DVN before 31% rise... According to wave theory, the exchange rate builds a double rising wave structure. Currently, the second rising wave may begin to structure. The rise target price is 34.38 usd. The current correction phase tests the MA 100 and MA 200 curves symmetrically.Longby meszaros16
DVN before rising 28%... The exchange rate moves in a triple falling wave pattern. Each wave is half of the leading wave structure. Currently, the exchange rate is building a rising wave structure. A fractal appeared in it, and its repetition now appears. If the theory is correct, the target price for the exchange is US $ 33.57Longby meszaros13
DVN before 15% gain... The exchange rate reached its correct level. From this level, we can see a "double bottom" turn. Strong signal to prepare for a further rise. If we examine the ATR axis, it appears to form a rising channel. These two indications strongly suggest that a steady and sustained rise is expected. The target price is the top of the channel 36USD.Longby meszaros9
LONG UPWARD TREND STARTEDGoing long on the broken downward trend reversal to an upward trend.Longby whitejadeUpdated 0
DVN before 21% rise... The ATR axis of the exchange rate is shown in the analysis. The slope of the rising ATR axes is increasing, predicting an acceleration of the exchange rate. The current rising wave structure target price is 39 usd. I expect a correction from that level. To be continued.Longby meszaros9
DVN before 33% increase... As you can see from the analysis, the wave axis (green) and the ATR axis (white) are parallel and rising. This predicts a stable rise. Based on an analysis, I expect a more long-lasting upswing. The goal of the rise is 40.54 usd.Longby meszaros8
DVN Rate Before Increasing...The exchange rate reached the bottom of the correction level. This level was around 30.5usd. We expect a definite increase from this level. The exchange rate increases in a triple wave structure. The peak of the first wave structure is 40.48usd. Then correction can be around 2-3 usd. Then rising second and third wave structures. Our target price is 48.4usd.Longby meszaros7