Devon Energy Corporation
Long
Updated

Devon Energy - Ascending Triangle - Buying opportunity

87
An ascending triangle was spotted.
Ascending triangle has a higher probability of breaking upwards

The price right now is at the lower trend.
To buy now when market opens again. Price around 34.41.
There's a lot of selling pressure in the market right now.
Since this is a buying opportunity, we should have a smaller position than usual.

Price target 45.
Stop when candlestick closes below the lower trend line.
Trade active
Trade was opened at 34.62.

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