Good morning, I am in some holdings from past newsletters. I see that ELP and OGZBY have jumped up nicely recently. What is your sell price recommendations and what phases are these stocks in? Thanks!
Yes, we've been talking about them quite a bit on the site lately. Your sell price depends on where your breakeven is, in these stocks. If you're profitable on them, you should probably consider selling them due to how far they are away/above their 200-week moving averages. They're in wave 3's, but a long-term wave 4 pullback or consolidation will be coming.
Thanks Sean! I did a search on the ticker symbols, but didn’t really find a lot of conversation. Is there more than one place to search?
Just an FYI, based on your response, I relooked at ELP and went ahead and sold it at over a $9,000 profit; good job Sean!