One to Watch: DVN, 2/18/23
One to Watch: DVN , 2/18/23
*(video coming...maybe)
Potential Weekly stage 3 breakdown/ INT/LT trend reversal?
Distribution since March 22': (courtesy VolumeLeaders)
15.8M @ $66.80 = 1.1B (39)
8.62M @ $74.90 = 650M (28)
10.3M @ $60.10 = 620M (53)
8.31M @ $68.50 = 570M (65)
10.1M @ $53.80 = 540M (24) (closed under spot on W basis)
Is DVN a place that will see relative weakness over the next 3-6 months? Are people offsides and we're seeing the movie theatre exit on lower timeframes?
Multi timeframe- st extended. inverted 5 ema, 8sma st guide, inverted 30 dma/85dema int guide.
Note*- PEG to spark trend reversal? 2 earnings gaps downs in a row. Will "investors" lose faith as institutions continue to monetize inventory from much lower prices?
Risk- continued stage 3 sideways action, violent undercut and reversal.
*(video coming...maybe)
Potential Weekly stage 3 breakdown/ INT/LT trend reversal?
Distribution since March 22': (courtesy VolumeLeaders)
15.8M @ $66.80 = 1.1B (39)
8.62M @ $74.90 = 650M (28)
10.3M @ $60.10 = 620M (53)
8.31M @ $68.50 = 570M (65)
10.1M @ $53.80 = 540M (24) (closed under spot on W basis)
Is DVN a place that will see relative weakness over the next 3-6 months? Are people offsides and we're seeing the movie theatre exit on lower timeframes?
Multi timeframe- st extended. inverted 5 ema, 8sma st guide, inverted 30 dma/85dema int guide.
Note*- PEG to spark trend reversal? 2 earnings gaps downs in a row. Will "investors" lose faith as institutions continue to monetize inventory from much lower prices?
Risk- continued stage 3 sideways action, violent undercut and reversal.
Not
Have buybacks been compressing vol? Are institutions offloading their bags to DVN? Most recent Dec 22 buyback rel smaller...
ycharts.com/companies/DVN/stock_buyback
March beginning of blow off move/stage 3?
trends.google.com/trends/explore?q=energy stocks&geo=US
İşlem elle kapatılmış
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.