Today was a stuck-in-mud day for the bull.
The good news is that price is still inside the 79 & 89 MA lines and above the 5 MA line. There is still no sign of the bear nearby despite being stuck.
Today, only one turned red in my port. I also bought a starter position on $XONE. I’d been eyeing this one for awhile and decided today would be the good day to go in.
Price was barely above the 5 MA line when I bought and I like the fact that price was staying above the 5 MA line during the morning time when the market was in negative territory. It was a good buy since my position is in solid green by closing bell.
$DMRC continued to march ahead.
After an initial dip, buyers came back in to drive the price back up. Just as easy as the short had walked the price down, the bull is walking the price back up.
$LRAD spent the day maintaining its range above the 79 & 89 MA lines while waiting for the coming earnings result.
While price hasn’t shot up yet, everything in the chart tells me something is about to happen soon.
$ORBC continued to disappoint by having another down day.
I’m curious about the coming earning result. Did they pick up more customers from the new six satellites they recently launched? We will have to wait and see; but I’m confident the fundamental behind $ORBC will be in solid ground in 2015 and beyond.
Thanks to $DMRC continuing strong rally, my port gained another 0.6% today with YTD gain at 9.1%.
LRAD, DMRC, ORBC, XONE and 13.9% cash.
From my other account:
$MCIG had a correction today.
I’m still holding ’cause I like the fundamental behind Vitacig.
My 2 cents.
Categories: Daily trading Journal