Devon Energy: Oversold And On Sale Or A Value Trap? (Technical Analysis)

A much more stark dichotomy of opinions seems to have formed regarding what the near future holds for Devon (NYSE: DVN ). If one were to listen to every opinionAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in DVN over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not re ...