The bull started off running up the hill but there were simply too many banana peels lying around…
Price is still near the 79 & 89 support areas. This mean there is still a chance for the bull to bounce.
This time, my port was not so lucky. Three positions went down while $DMRC rallied.
With no news on sales to Middle East cities, $LRAD again met with sellers.
Price is heading back to the lower Andrew Pitchfork line which is an important support..
$DMRC rallied due to news of Shazam and Digimarc Partnership announcement.
Here is another attempt to head back above the $30 range.
$ORBC and $AMRN, while down slightly, were pretty much trading in the congestion range. Thus, I’m not going to put up charts.
Thanks to cushion from $DMRC rally, the drawdown from $LRAD was reduced to 1% for my port. YTD gain is now at 9.4%.
LRAD, DMRC, ORBC, AMRN (100% invested/speculated).
My 2 cents.
Categories: Daily trading Journal