The market bounced back like a spring that didn’t appreciated being pushed down by the hand of the bear.
Up and away it went all day.
With such as strong bounce, all my positions except $KGJI rallied back some.
$DMRC bounced back from support that was March 3rd’s low.
If it bounces from here, then price is trading in the consolidation range until we hear update next Wednesday.
$HYGS found strength in mid-day to rally persistently till closing bell.
From the chart, supports established from beginning of June seems to hold well. I expect this stock to be nothing but volatile due to the tiny float; thus I’m content to just watch this little “sapling” I’ve planted in my backyard to grow.
Have you ever planted a young tree and then after many years when you “remember” to pay attention, you exclaim, “Mother of tree! Ain’t you such a giant!”
I believe the timing is ripe for hydrogen fuel cell to make major inroad to the electric vehicle industry. Check this out:
Cost and availability
Beginning in 2015, major automakers will introduce fuel cell electric vehicles to the commercial market in California and other parts of the world, most likely in Germany, Japan, Korea and the Scandinavian countries. Sales prices for these FCEVs have not been announced. Two automakers currently lease vehicles in Southern California and others are in fleet programs. In addition, three transit agencies across the state operate fuel cell electric buses. [Learn more]
Now, check out the California road map on FCEVs.
Not to mention the multiple way to harness the power of hydrogen fuel cell, with power back-up as an important utility.
No, I’m not going to let market volatility steals my shares. I’m holding on to it thru thick and thin, like I’m doing with $DMRC and $LRAD.
$LRAD bounced some today.
Price is still trading at the upper part of the consolidation range.
$AMRN and $ORBC bounced some while $STV continued to close slightly higher.
Thanks to today gain from six of my seven stocks, my port gained back 1.8%. YTD loss is now at 3.1%.
LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)
From my other account:
I added to $FITX and it managed to close near even for the day.
My 2 cents.
Categories: Daily trading Journal