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AlyaAkram

DVN slides with the crude downward correction

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Devon Energy Corporation (NYSE:DVN)  
AlyaAkram  
NYSE:DVN   Devon Energy Corporation
Trend Analysis Chart Patterns Technical Indicators devon devonenergy Crude Oil WTI Crude Oil Symmetrical Triangle Bearish Patterns Oil oilstocks
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trendanalysis chartpattern indicator devon devonenergy usoil crudeoil symmetricaltriangle bearish oil oilstocks
DVN stock is showing a bearish performance lately after breaking out a bearish formation (bearish symmetrical triangle) on the daily timeframe, yet the breakout is not confirmed.

With the technical indicators supporting the breakout confirmation, prices may fall hitting $25.70 and $24.15 consecutively.

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