The bull fought another good battle today.
Price is still trading above the 79 & 89 MA lines waiting for a bounce to the upside.
Meanwhile, $ORBC was the only stock in my port that closed positive.
While not much of a move, another positive close added to the probability of a continued bounce.
$LRAD continued to take heat due to no news on the Middle East sales.
At least, price is still above the lower band of the Andrew Pitchfork line. A closer look reveal the development of a symmetrical triangle in development.
$DMRC corrected some.
Nevertheless, price is now tracking the uptrend line. It is still bullish from my perspective.
$AMRN is still stuck in the consolidation range of $1.xx.
Due to three out of four being down, my port gave back 1.6% today. YTD losses is now at 4.5%.
LRAD, DMRC, ORBC, AMRN (100% invested/speculated)
From my other account:
I’m still holding $ARTH waiting for news. I also bought some $BAS for the bounce.
$BAS looked strong from the daily chart above.
My 2 cents.
Categories: Daily trading Journal