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.


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.


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.


Price is now on top of all MA lines.

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


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

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: