In the last 30 minutes, the market roared back to life and bounced furiously.
And because of today last hour surge, price kicked off the week by bouncing off the lower band of the trading range.
Meanwhile, three of my stocks were going thru corrections with only $TINY closing green albeit only a small move.
Price is moving ever so cautiously here. Btw, $TINY has a stake in D-Wave Systems, Inc. specializing in quantum computing. If this disruptive science can be make practical and functional soon, $TINY will rally accordingly.
$LRAD gave back some gain from last Friday surge.
While down, price is still above the middle-line of the Andrew Pitchfork’s lines. Coming Thursday earning news will be the binary event for moving this stock.
$DMRC took a tumble and is now heading to the support of the uptrend line.
Let’s see if it will bounce off from the support.
$CERS also took a tumble just like $DMRC.
The good news is that there are still strong support from 79 & 89 MA lines below.
As if by coincident, today corrections from $LRAD, $DMRC, and $CERS took 2.6% from my port which happened to be exactly my YTD gain from Friday; thus, YTD is now back at breakeven.
LRAD, DMRC, CERS, TINY (100% invested/speculated).
My 2 cents.
Categories: Daily trading Journal