The market rallied hard during day but gave back some before close. Somehow, the resistance was quite formidable for the SPY to crack.
Notice that price closed right on the resistance.
$KNDI, again, brought home the big fat bacon today.
Price broke out to the upside convincingly with larger than normal volume. Not only that, it closed above the previous high of $15.39. What more can I say? I’m not surprised at all for I know it is a matter of time. Still holding all my shares long and strong.
Next, $CERS continued to move higher.
Price is now getting ready to take out $8 soon; but first, it needs to close above the current resistance of $7.85.
$SEED made another attempt to take out the resistance of $2.37 and failed once again.
However, price seems to stay well above the 15 MA line. I’m sure a few more attempts and the resistance would give way.
$HALO continued to bounce higher.
I like the slow steady climb that was reflected on the chart.
$LRAD and $KGJI also moved higher. The only one stock in my port that didn’t go higher is $MZOR.
With $KNDI leading the charge, my port has made new historical high today.
KNDI, LRAD, CERS, SEED, KGJI, MZOR, HALO (fully speculated)
From my other account:
I was disappointed to see $FITX sold off after the gap-up.
With so many people who bought below $0.05; profit-taking was to be expected. Despite the down day, I added a bit more today. I think the key point right now is that Cen Biotech stays on course to complete the facility on time to get the permit to start growing and selling. Price volatility is to be expected b/w now and completion of facility. I intend to hold this one thru the volatility.
My 2 cents.
Categories: Daily trading Journal