VoraReport
Oct 14, 12:31 AM
Devon Energy (
$DVN) pressing right against the apex of a major multi-month symmetrical triangle.
The Setup: Coiling tightly with a breakout test underway right around the
$50-
$51 resistance zone, supported by a rising moving average slope filter below.
Momentum: Volume profile shows lighter overhead supply once it clears this upper trendline band.
Action: Coiling for a potential expansion move—watching for confirmation on the breakout.
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