01-21-2015 Journal- $ORBC leading

The bull fought another good battle today.

DJ-30 daily

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.

ORBC_daily

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.

LRAD_daily

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.

DMRC_daily

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%.

Current holdings:

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_daily

$BAS looked strong from the daily chart above.

My 2 cents.



Categories: Daily trading Journal

Tags: , , , ,

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