08-14-2014 Trading Journal

The market rallied back up inside the previous consolidation range.

SPY_Daily

It is looking good from here.

Today, three of my six stocks staged strong rally of over 6% with $AMRN leading at 11.5%, $LRAD at 8.3%, and $HYGS at 6.7%.   In term of dollar gain, $LRAD lead with $HYGS second, and $AMRN third simply because $LRAD is my largest position with $HYGS being the 2nd largest.

$AMRN, for some reason, was rallying hard with no news.  Maybe somebody knows something…

AMRN_daily

Price broke out of resistances that went back from May to July.  This is very positive for the bull.

$LRAD went over the upper bar of the Andrew’s Pitchfork which was a very powerful move.

LRAD_weekly

Next resistance is the Aug 2011 high at $3.36.  The above is the weekly chart.

$HYGS broke out of its recent mini-consolidation range.

HYGS_daily

Price looks good to move on to $28+.

These three positions helped my port gained an astounding 5.5% in one day. YTD gain is now at 14%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, and ORBC (100% invested/speculated)

My 2 cents.



Categories: $HYGS, AMRN, Daily trading Journal, LRAD

Tags: , , ,

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