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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Tweets Boar Hog who wrote (2854)	1/5/2023 11:53:56 AM
From: Bull RidaH	Read Replies (3) \| Respond to of 4393

DVN - “is this a 5th of c of B ending diagonal? If it is look for top late starting late Feb, it should make a slightly higher high. Then crash to 40 or below.” It’s wedging, but doesn’t meet criteria for ending diagonal. Your labeling looks correct for a standard missionary style 5th wave move… Nothing kinky here. <g> Patternwise, DVN is within an active megaphone, and is looking for the 5th touch near 67. A subsequent breakout from the megaphone in that area would yield a target of roughly 72 prior to HARSH reversal. That would fall shy of wave 3 of C’s peak, resulting in a truncated 5th.

To: Tweets Boar Hog who wrote (2854)	2/14/2023 6:31:03 PM
From: Tweets Boar Hog	Read Replies (2) \| Respond to of 4393

I have revisited Devon. I should have looked at the hourlies. Present opinion, Devon topped in a big B wave. Ending wave was an ED. Earnings were announced after the close today, Devon getting wacked. Next quarter will be worse, Devon is heavy gas, and the natty gas dump occurred near end of the quarter. Devon Energy — The energy company’s shares fell 5% after the company’s disappointing fourth-quarter earnings report. Devon reported adjusted per-share earnings of $1.66, falling below analysts’ consensus estimate of $1.75, according to Refinitiv. Revenue also came in below Wall Street’s expectations. Now if this quarter is down, the next one should be a doozy. Also of present opinion that natural gas remains in secular bear market. The big runup over the last few years was a cyclical bull within the secular bear. Gonna get a full complex correction before done, current estimate for an end is late 2024. Then the tide should turn, into a full blown secular bull. Boil will boil. Not short energy yet, soon me thinks. Long Boil for a counter play. Boil ready to do something here. See what the rest of the week brings for Devon. Tweets Long Term. Intermediate Term. Short Term.