02-13-2014 Trading Journal

Market gapped down but bounced right back up to positive ending.  A very strong showing indeud!

SPY_Daily

Notice how price bounced right off the 5 MA line and closed higher than yesterday high.

$CERS continued to climb higher and away from the support line.

CERS_daily

Currently, $7.50 is the resistance and if it takes out the resistance with conviction, we can see $8 easily.

$LRAD continued to recover from the drop-off after earnings slowly.

LRAD_daily

Today, it closed higher than the consolidation range.

$SEED made another attempt to rally hard but was succumbed to profit-taking.

seed_daily

Nevertheless, price still closed above yesterday high.  Will the Chinese Gov’t announce the decision on approving the two GM seeds from $SEED soon for commercialization?  Still waiting patiently.

Thanks to the rallies from the above three stocks, my portfolio continued to advance higher despite some minor corrections on the remaining stocks in the porf.

Current holdings:

KNDI, LRAD, CERS, SEED, KGJI, HALO, TINY, APRI (fully speculated).

From my other account:

$FITX bounced a bit today to stop the falling pattern of the last two days.  I continued to add some more today to scale-in size.

FITX_daily

See how price closed near the 5 MA line?  Do you see that the trend is still up?

My 2 cents.



Categories: Daily trading Journal

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