So the bear won once more time; but the bull did make a come-back to gain back about half of the drawdown.
From the chart above, the bull did succeed in climbing its way back up to close above the 79 & 89 MA support lines. This is a very positive development Perhaps, we can see a bounce tomorrow.
$AMRN won the day by closing with a highest percentage gain compared to the other three positions.
Price actually was higher but gave back some before closing. Anything green at this point is good for $AMRN ’cause it is keeping the bear at bay.
$DMRC also made a nice come back to close above at the uptrend line.
It was bullish to see $DMRC recovered back to positive territory despite a down market day.
$LRAD also came back to close positive.
The good news is that price closed above the 79 & 89 MA lines. Waiting patiently for news of a successful sales.
$ORBC continued to be the low performing peer.
Price was still struggling to keep the bear away.
Thanks to $AMRN, $DMRC, & $LRAD, my port was able to gain back 0.50%. YTD losses is narrowed to 1.2%.
LRAD, DMRC, ORBC, AMRN (100% invested/speculated)
My 2 cents.
Categories: Daily trading Journal