01-20-2015 Journal- $DMRC leading

“Bravo!  Bravo!” to the bull for making a come-back to close positive for the day.

DJ-30 daily

As you can see on the chart, price closed above the 79 & 89 MA lines.  It’s all looking good for the bull from here.

$DMRC made a strong bounce to climb back above the 79 & 89 MA lines.

DMRC_daily

A dip below the magical lines and then bouncing back in the following days is all standard playbook bullish patterns for trading around the 79 & 89 MA lines..  It is the failure to bounce back that one needs to worry about ’cause it may signal a possible change of trend.

$ORBC came in second for rallying the port.

ORBC_daily

The bounce was robust considering the volume was greater than previous trading day.  If the bounce continues this week, it only means that $ORBC had traded to the low of the trading range b/w $5.4x and $6.75.

$AMRN was neutral for the day after fighting back from negative territory.

AMRN_daily

Price looked like it is stabilizing around $1.xx.  Now, let’s see a rally from here.

Thanks to rallies from $DMRC and $ORBC, my port gained back 1% despite drawdown form $LRAD.  YTD losses is narrowed down to 2.9%.

Current holdings:

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

From my other accounts:

I’m still holding $ARTH and $VCTQ; however, I was stopped out of $AGEN for small losses in the morning when price took out the lower band of the opening range.  I did not get back in for the bounce since I wasn’t looking to get back in.ARTH_daily

$ARTH looking bouncy from here.

My 2 cents.



Categories: Daily trading Journal

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