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.