This is the same chart that I published a month ago and all I have done is shifted the rally further to the right. The target and the stop are the same.
Now that crude oil prices are coming out of their slide, it could lead traders to find the laggards in the group to buy.
It looks like DVN is a coiled spring here, ready for a nice rally.
12:32PM EST, Wed Jan 22, 2014
Now that crude oil prices are coming out of their slide, it could lead traders to find the laggards in the group to buy.
It looks like DVN is a coiled spring here, ready for a nice rally.
12:32PM EST, Wed Jan 22, 2014
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.