11-24-2014 Trading Journal

The bull trotted up the hill this time instead of galloping.  I think it is seeing a tree instead of a mate ahead.

SPY_Daily

While not a big jump, it is a jump nevertheless.

Again, my port continued to drift lower due to $LRAD short-term trader bailing out the boat.

LRAD_daily

However, I’m still undaunted ’cause I believe in their products and their upcoming large sales in 2015.  I even added some more with remaining cash.  So far, price is still being supported by the 79 & 89 MA lines.  Let’s see if it can bounce from here.

$DMRC has a small bounce off the 79 MA line support.

DMRC_daily

This is a good sign. Let’s see if it will bounce higher from here.

$ORBC continued onward as well.

ORBC_daily

Price is beginning to move away from the 79 & 89 MA support lines.  I can see the trend will beef up as we move into 2015 when the other eleven state-of-the-art satellites are launched and the SkyWave acquisition finalized.

$AMRN gave back some ground today but not much.

AMRN_daily

I could see price is building a cup & handle pattern here.  A breakout of current consolidation range also means a break out of the 79 & 89 resistances.  I’m looking forward for this breakout; thus, I added more with available cash to round up investment size.

Due to $LRAD drawdown, my port gave back another 1.4% today with YTD gain now at 14.4%.

Current holdings:

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

My 2 cents.



Categories: Daily trading Journal

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