DVN - Devon Energy Corp - Break UpDevon Energy CorporationBATS:DVNstreak35Hello Everyone, Here is the another Break Out stock to watch for next Week. Devon Energy Corp. They are an energy company and paying dividends as well. What They do? Devon Energy Corp is a leading independent oil and natural gas exploration and production company based in Oklahoma City, Oklahoma and operating within the United States. The firm was founded in 1971 and is listed on the NYSE under the ticker DVN. Financial Infos: Market Cap : 23.48 B Revenue : 16.75 B EPS : 4.4643 P/E : 8.29 Dividend (Yield) : 0.94 (2.54 %) Technical Part: As i mentioned in the Title , there is a break out to up Trend to Up and now there is a possibility to hit 38.50 - 38.75 level which is a strong resistance level and in the past It hit this level 3 times and everytime did not achive to break this level. I draw 2 pattern Red and Green one. From this level it can try to Pull back to 35-35.50 , if so then this level could be a good level to buy. If it achive to break strong resistance level and stay above from this level then there is a high possibility to reach 46.90 - 47.00 So we need to watch if it can achive to break Resistance and then get it. This is the safest way. Second one we can try to wait Pull-back from this level and then get it in 35 - 35.50 . Here there could be a small risk to go down. Or you can directly get in if you think long term without waiting anything :) My long term Target is between 53 to 55 which is approx %45 over from today's price level. Financially i find DVN strong but because of the some Politic situations there could be some fluctuations as DVN mostly relies on Enegy Prices . So i have already added DVN to my watch list for next week ;) This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis. Happy Weekend to All