Devon energy stock price is eyeing resistance at $46

Devon Energy stock price is eyeing resistance at $46.00 after multiple tests of the $45.20 zone. Momentum indicators like the RSI are approaching bullish territory, hinting at potential breakout moves. Shares of oil companies, including ConocoPhillips ( COP ), Diamondback Energy ( FANG ) and Devon Energy ( DVN ), slid along with the price of crude after OPEC+ announced plans for a hike in output. It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. Devon Energy stock price saw intraday highs at $45.50, supported by a rebound in energy sector ETFs. Investors are tracking geopolitical developments impacting supply routes, with upward price pressure expected if Brent stays above $85 per barrel.