Devon Energy PT $26
DVN is currently on the correct path to hit the $26.11 set price target. From my analysis we can clearly see a bearish flag forming which would heavily indicate an upcoming correction of Devon Energy's stock value. Balanced with the formation of the bearish flag is the double fractal sequence which sees DVN's price target at $27.72. Enumerating both factors we can come to the conclusion that DVN still has room for growth up to the PT of between $26.11 and $27.72 before we see a slight correction.
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