DVN – Short Positions Exited

-3.62%

I would have liked to have taken this over the weekend since it tested its second upper bound, however, based on news sources it appears the ground invasion of Gaza (by Israel) is likely to commence over the weekend. It is therefore too risky in my opinion to take DVN into the weekend.

As a result, I would rather book the loss and take it off the book now

 

Disclaimer: The Real Time Set Ups are an accurate representation of real trades John takes personally using his own strategies. They should be used for the purposes of training and do not constitute financial advice