May. 27 at 1:39 PM
$DVN premarket is down about -2%, but the structure is not fully broken yet, just under pressure.
The key is
$45. If price reclaims and holds above it, this turns into a potential shakeout instead of continuation lower.
If
$45 rejects, downside risk opens and
$40 comes into play.
This is a reaction zone, not a prediction zone. Watching how it behaves at
$45 into the open.
Follow me 👉@ChipDistribution7 for real-time updates and everything. Let’s make moves!
