The bull marched on. However, as it reaches the previous high, it may encounter resistance. Time will tell if this resistance can stop the bull or simply give way to it.
Today breakout of its five days mini-consolidation is a good sign. Next test is the resistance not too far above.
$DMRC moved back up above the 79 & 89 MA lines which is definitely a good sign.
Overall trend is still up. Let’s see if price can start to move above $30+ soon.
$TINY also broke out of its mini-consolidation and headed higher.
Resistance is at previous high established in mid-January.
$CERS, while the up move was small, it halted the downdraft this week.
Let’s see if it will bounce tomorrow.
$LRAD gave back some gain from yesterday.
Price is still at the 79 & 89 MA support lines as well as above the uptrend line.
Today was a breakeven day, the gains from $DMRC, $CERS, & $TINY were offset by $LRAD drawdown. YTD losses remained at 1.3%.
LRAD, DMRC, CERS, TINY (100% invested/speculated). Notice that $DMRC has reclaimed 2nd place in investment size.
My 2 cents.
Categories: Daily trading Journal