What to do here now that the trade is moving along the projected path?
What's your vote?
I'll raise my stop to breakeven.
10:20AM Wednesday Feb 19, 2014
I think this is an excellent place to let go (exit longs = sell) of DVN now that analysts are pushing the stock up with new recommendations. Long term, this is a nice breakout move, but short term it is now a bit overbought and it is the end of the quarter.
If we could make 3.40 a month, we could really rack up some annual gains trading DVN.
I'm going shopping for some replacement long positions in the oil sector - so I'll be busy.