Market roared higher today and took out all resistances.
See how it climbed back above the uptrend line as well as stayed way above the 79 & 89 MA lines. The bull is BACK!
Meanwhile, with the available cash free-up, instead of buying more $ATOS as originally planned, I bought $HALO instead. $ATOS went negative in the morning instead of bouncing so I passed.
$HALO, a Baker Brothers’ favorite, was bouncing back above the 79 & 89 MA lines, this was all I needed to see to buy in for the big bounce.
Needless to say, I continued to add to $CERS with the free cash to swing for the fence.
Glad I bought back my full-size position last week for this week gain. Nevertheless, the rally has only just begun; but first, it needs to take out the resistance at $7.13 which obviously checked the rally today.
$KNDI, $LRAD, and $SEED all corrected a bit today; but thanks to $CERS up move, it stemmed the loss quite a bit.
KNDI, LRAD, CERS, SEED, KGJI, HALO, TINY, ATOS (fully speculated)
My 2 cents.
Categories: Daily trading Journal