DVN - Devon Energy Corporation (Bullish TA Thesis for 2026)Devon Energy CorporationNYSE:DVNSovereignChartsThere are multiple confluences telling me that DVN could make a move up to $65 and possibly as high as $105-$129 levels. Very successful backtest of an 18 year trendline in which the stock broke out of in 2021. Elliott Wave counts also look very well structured to me with an ABC correction down to form a descending channel, which it is now breaking out of to start the month/year. The 2 levels that must be breached to the upside in order to reach the potential targets are $42-$44 where there is some bearish order block activity as well as VPOC (Volume Point of Control). All monthly oscillators have officially turned bullish, specifically Stoch RSI and B-Xtrender with fresh confirmed signals.