Smart traders and institutions are selling into strength! They smell a bear coming again
Major support has been badly broken and there is no where for this stock to go but down to major support and that is $25! Institutions will dump all the way down to $25, no brag, just fact.
Short and happy. 25 is doable after this hyped oil rally the past month. Earnings and cash flow are all that matter and DVN is extremely weak on both fronts and will be for years to come.
Wow, don't you know S&W hates to see their greatest salesman in history, Obummer, go out the door! Obummer has really racked up the sales for them big time.
No, the smart money is selling all the rips and not buying the dips! Dumb money is buying the dips!
CHK is getting ready to crash back down to $2 with nat gas crashing to new lows, watch and learn!