01-28-2015 Journal- $CERS leading

It was not a good day today.  The bull was doing well most day until it tripped over the bear leg and tumbled down the hill top…

DJ-30 daily

Price broke out of the 79 & 89 MA lines to the downside.  This weaken the bull resolve; however, there is one more support at the mid-December low.  Let’s see if it can bounce from there.

$CERS was able to close positive today despite a big down day. Seeing $CERS was rallying while $ORBC dropped again in the morning, I sold the rest of $ORBC to buy more $CERS.  I also added a bit more $DMRC and bought $TINY.

CERS_daily

However, $CERS did give back some gain before the close.  Price is trading above the 5 MA line while it is curving up which is a good sign.

$DMRC, while down, still managed to stay above the uptrend line and the 79 & 89 MA lines.

DMRC_daily

A bounce from here will be good news.

I bought back some $TINY with the proceed from sales of $ORBC.  Price was bouncing up and I wanted to get back in to see if this gradual uptrend movement since last October can continue onward and upward.

TINY_daily

I like the fact that price is now trading above the 79 & 89 MA lines.  Price also closed above the 5 & 15 MA lines as well.

$LRAD suffered a blow when someone unloaded a big block in the late afternoon.

LRAD_daily

Price penetrated botht he 79 & 89 MA lines to the downside.  However, it is not over yet since price is still trading above the mini-uptrend line.

Due to losses from $ORBC and $LRAD, my port gave back 2.3% today with YTD also at losses of 2.3%.

Current holdings:

LRAD, DMRC, CERS, TINY (100% invested/speculated).

My 2 cents.



Categories: Daily trading Journal

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