[image] [image]() Friend, Iâve got an interesting energy stock on my radar today that dividend hunters may be interested in. The energy sector has been underperforming, but weâre starting to see signs of a potential bottom. Hereâs whatâs interesting about DKL: ⢠Insider Buying: Two directors recently increased their positions by 24% and 21%, and one of them is the same insiders who had previously had done some selling at the highs around $49. Now, in August he is buying back more than they soldâa potentially noteworthy signal. ⢠Dividend: The stock is reportedly yielding a 10.4% dividend, which is a nice bonus while we wait for a potential move higher. (Remember dividends can always be changed or cancelled however) ⢠Technical Setup: DKL is forming a falling wedge or downward channel, a pattern that often signals a reversal. Combine that with the insider buying and this could be an excellent opportunity. â¶ï¸[Watch todayâs video for the full analysis and trade setup!](â¶ï¸ Special Offer: Try Smart Money Insiderâs Club for $47! Youâve seen the kind of ideas and strategies Iâm sharing in todayâs video, and this is just the tip of the iceberg.
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