Devon Energy - Ascending Triangle - Buying opportunityAn 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.