06-16-2014 Trading Journal

Market tried very hard to continue last Friday bounce.

SPY_Daily

It succeeded to some extent.

$KNDI was showing sign of popping when it started to run after the open.  Due to strong showing at the open, I bought a starter position on $KNDI for the bounce.

KNDI_daily

Chart looked good with price moving away from the 5, 15, & 89 MA lines. If it takes out last Thursday high of $13.44, I may add more.

$DMRC continued to run nicely to the upside.

DMRC_daily

Today rally took out resistance at the $34.33 level.  I like to see it taking out the $37 resistance this week.

$NMRX rallied right off the 79 & 89 MA lines.

NMRX_daily

Chart looked very positive for a continuing run from here.

$APRI blasted off from the symmetrical triangle formation to the upside.

APRI_daily

Although price gave back gain by after the opening range, price still closed above the downtrend line which is a positive sign.

Thanks to $DMRC rally, my port was up 1.25%.  YTD gain is now 5.25%.

Current holdings:

DMRC, LRAD, SWIR, KGJI, BIOS, NMRX, APRI, AMRN, KNDI and 3% cash.

From my other account:

I sold $TRTC today simply because it opened lower and the chart did not look good for near term perspective.

TRTC_daily

See how price went below all the MA lines with today being the second down day against a resistances at the 15 and 89 MA lines?  I’m not going to hang around to witness a possible drop from here.  Thus, I’m out for now.

My 2 cents.



Categories: Daily trading Journal

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