Devon Energy Corp. (DVN) remains strong above $68.7 level

Devon Energy Corp. (NYSE: DVN) stock chart, presently pegged around $71.9, suggests that the stock will continue to remain strong, as long as the it does not breach below its 20 days MA of $68.5.

Devon Energy Corp. (DVN) Q3 earnings fell by 81%, but the natural-gas and oil producer still managed to beat Wall Street expectations on higher production and lower costs.

Devon (DVN) profit for the three months ended Sept. dropped to $499 million, or $1.12 a share, from $2.6 billion, on a year to year basis.