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  • AvatarUmberto Rivera
    Participant
    Post count: 27

    DVN is doing great this morning, and has been lately. I sold with a 20% gain. I have had DVN for a while, and had some averaging down opportunities when it was down. Thank you Sean!

    Sean HymanSean Hyman
    Moderator
    Post count: 3257

    Glad you’re out with a profit. It’s like I said all along…they’ll prosper as oil’s price gets a lot higher. Well, that happened and they’re responding accordingly. Agreed.

    Leslie HarvathLeslie Harvath
    Participant
    Post count: 347

    Congrats, Umberto! Good position management.

    AvatarScott Pearcy
    Participant
    Post count: 436

    Glad you were able to exit the position at a profit….I am still in the red 22% but as oil prices rise, I expect the position to return to profitability!!

    Sean HymanSean Hyman
    Keymaster
    Post count: 5643

    DVN is in wave 3 just as oil is in wave 3. So, it’s moving up nicely. Should have more to go in wave 3. And then there will be the advancing wave of wave 5, which make take a bit due to the pullback of wave 4, but should still get you there.

    So…wave 3 could get you there. But if it doesn’t, wave 5 will, I believe.

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