02-03-2015 Journal- $DMRC leading

The bull is BACK!  It woke up from the bear hypnosis and shook off the spell like unwanted water…

DJ-30 daily

One more up day and price will take out the downtrend line from above which is currently the resistance.

$DMRC’s bounce matched the direction of the uptrend line.  One more up day and it is going to climb back above the 79 & 89 MA lines.

DMRC_daily

If you look carefully, you can see the mini-higher higher and higher low trading patterns from the beginning of the year.

$CERS also bounced and moved away from the 79 & 89 MA lines to the upside.

CERS_daily

Basically, the 79 & 89 MA lines are strong support that acts like a trampoline for price to bounce off from.

$TINY moved up a bit more which is in line with current “slow” uptrend movement.

TINY_daily

Price is now on top of all MA lines.

$LRAD is neutral for the day waiting for Thursday earning announcement.

LRAD_daily

Will it pop up then?  Stay tune.

Thanks to $DMRC, $CERS, and $TINY, my port gained 1.1% for the day which is also the YTD gain as well since yesterday was at breakeven.

Current holdings:

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

My 2 cents.



Categories: Daily trading Journal

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