11-28-2014 Trading Journal

Is the bull tired? Or has it eaten too much turkey?

SPY_Daily

With a bit more weight, the price drifted back down a bit…

Yet my port ate too much and it weighted down once again.  $ORBC gave back gain from two days ago albeit at much lower volume.

ORBC_weekly

From the weekly chart above, $ORBC is still stuck in the consolidation range b/w $6 & $7.  The good news is that price is still above the 79 & 89 MA lines which are also pointing up.

$DMRC attempted to bounce this week but failed due to low volume sell-off.

DMRC_weekly

It is trading at the Fib 61.8% retracement level.  Let’s see if this will hold.

$LRAD gave back last week gain but still settled above the mid-line of the inclined Andrew Pitchfork trendlines.

LRAD_weekly

As far as I’m concerned, it is still an upward bullish trendline on  the weekly chart.  There is nothing to do but to wait for news on successful deals.

$AMRN is holding well from last week gain.  It only gave back 1.53% this week which is a good sign per my perspective.

AMRN_weekly

I like the fact that price is still above the 15 MA line.

Due to drawdown from three of the four stocks, my port gave back 2.8% with YTD gain at 12.2%.

Current holdings:

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

From my other account:

I decided to unload $MCIG for losses and wait for the dividend shares to come in.  I didn’t like the fact that with the new MCIG 3.0, I could not find more details on the web such as reviews from youtube.com.  I do like the idea of vitamin e-cig though.

My 2 cents.



Categories: Daily trading Journal

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