Devon Energy Corporation DVN

Closed above 60. next target 67

patience. We are in the first inning of a super cycle

Do sell! Just a market shake.

Oil price is on historic highs and Devon is underperforming :(

60s next em

60s Next week

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Remember the GOLDEN RULE of trading…..always do the opposite of what Cramer says! Always!
Oil to $150 easily now, unless you believe Biden will 1) publicly announce immediate reopening of the pipeline 2) immediate reduction of all taxes to US oil companies drilling in the US 3) immediately opens new reserves in the surrounding oceans……thus incentivizing oil companies to flood the market……doing this publicly would have a bigger effect on the market than either war or rate hikes.

This problem is easily solved with one press conference and would change world dynamics by doing so.

Odds of this happening? 0%

High oil price will not bring this stock up. We need general market recovery. Interesting to see how DVN raises 3,5 %. Because market rebound intraday. Funny ??

This is current market but compared with other sectors still one of the best.