Market was practically neutral for the day.
Although a new high was attempted during the day. If tomorrow remain neutral or better, we will end the week with a solid weekly up bar.
$DMRC bounced well with higher than average volume.
Price is now back above the weekly support line. With continued strong interest in the Digimarc barcode system by the top retailers in the country, price has a good chance of going up from here.
$HYGS also rallied hard today.
Price is now back on the uptrend line. When price takes out the $20 resistance line, $HYGS will be moving much higher.
While $DMRC and $HYGS were the only two stocks that went up today, price gains were more than enough to offset the negative closings of the five other stocks. Hence, my port gained back 1% and YTD losses is now at 2.6%.
LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)
From my other account:
Since I don’t have any cannabis stocks, I bought some smaller position size of $LRAD, $AMRN, $KGJI, and $DMRC for this account.
My 2 cents.
Categories: Daily trading Journal