After a jump yesterday, the market decided to take an early break by taking a minor correction.
Meanwhile, I used the released cash to buy back some $XONE and $GALE I sold yesterday.
Thanks to $LRAD having an up day, it took my portfolio higher today despite some minor dips from $CERS, $KGJI, and $NUGT.
The chart looks bullish overall, You can see that the bounce takes the price above the 5 and 15 MA lines.
The weekly chart looks even better.
See how the 5 MA line is moving higher with price closing above it? Most important of all, price remains above the breakout line.
$KNDI remained positive although percentage was small.
What I care most about is that price remains above the downtrend line.
LRAD, KNDI, CERS, KGJI, TINY, GALE, XONE, NUGT and 2% cash.
My 2 cents.
Categories: Daily trading Journal