Not much excitement in DVN still..... Starting to look like the kind of shape that gives a bit of a flare up OR takes a dive!! So the basic outline still looks like either buy SOME at this area and wait. Then more at 35 area. Or just wait to see if they do take a dive and start from there. There should be a full day or two in a low to make the entry decision. I would be happy enough with 38 or 37 really. All in all they are VERY slow, so a trading cycle would likely take a few weeks. That is at best. Could be even longer!
DVN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held