12-16-2014 Trading Journal

The bull played an April Fool on us even though we are in December.  A strong rally to rise from underwater only to fall back underwater by closing bell.

SPY_Daily

At this point, we still have the trendline (straight blue line) to act as support.

While the Dow played a yoyo game intraday, my port was playing yoyo multi-days. Thanks goodness it was an up day for me.  Today two out of four went up and two down; but the two that went up are my top two largest positions.

$LRAD bounced off the lower Andrew Pitchfork line.

LRAD_daily

Another bounce tomorrow will increase the probability that the bounce will prevail.

$DMRC closed strong today with price stayed above the previous resistance from Oct-Nov.

DMRC_daily

I can see further upward momentum from here if there are more positive operational development.

$ORBC and $AMRN are still struggling to maintain their current position albeit they were down slightly today.

Due to upmove from $LRAD and $DMRC, my port gained 1.6% today.  YTD gain is now back to double-digit 11%.

Current holdings:

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

From my other account:

I’m still holding $MCIG.  Although price dropped quite a bit today, there is still recent support right below.

MCIG_daily

If this support hold, I’ll keep holding; if this support break, I may bail to cut losses.

My 2 cents.



Categories: Daily trading Journal

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