May. 18 at 7:38 PM
$DVN
DVN’s strongest rallies ride the Weekly 20 ema (Green).
In fact, the last massive Rally NEVER closed below the 20 ema ALL THE WAY to the TOP. NOT
Besides Oil going much higher, the fundamentals from the merger is popping us to
$80 at least.
$DVN is trading super TIGHT on the weekly.
If they give us a decent red day (ideally to
$47), I’m writing more CSPs