Devry (DV) - December 10, 2007

[Harry Aloof]

From Wall Street Trader's Column

DEVRY INC (DV-NYSE): Technical Viewpoint: From a low of $36.79 on Oct 22, 2007 prices rallied, reaching a high of $58.66 on Nov 8, 2007. A decline saw prices pull back, reaching a low of $50.47 on Nov 26, 2007. Another rally saw prices penetrate resistance line "A", closing yesterday at $57.89. Technicals: MACD Index (MACD): A Buy Alert! was given on Dec 7, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $51.00. Resistance: Is at $58.66. Point & Figure: Reversed to the upside on Nov 28, 2007. A P&F downside reversal takes place at $54.00. Summary: Technical indicators have turned bullish. BUY! DEVRY INC (DV-NYSE) @ $58.63 Stop: Use a protective stop of $56.13. DEVRY INC is currently trading @ $57.89 plus $2.28 on Dec 7, 2007.

Price Objective: $69.50
Risk/Reward: $2.50 VS. $10.87
Today's Risk Reward Ratio: 4:1