02-23-2015 Journal- $AMRN leading

The bull took a pause today.

DJ-30 daily

It’s still too early to know if this breakout is a fake or not.  From the look of it so far, I think the bull still has leg.

$AMRN bounced back nicely without taking out the low of Friday.  By not allowing the bear to take out Friday low, the bull is back in charge.

AMRN_daily

By bouncing today, $AMRN is actually forming a handle for the potential powerful cup & handle breakout. Seeing that Friday low is now a support, I bought back the core position looking for a breakout.

$LRAD tried hard to bounce but gave back some gain by the close.

LRAD_daily

It looks like prices are finding support in the $2.6x area.

$TINY continued to march slowly and steadily upward.

TINY_daily

The trend looks bullish and there is no sign of a coming correction.

$CERS gapped higher at the open but failed to hold on to the height.

CERS_daily

Price did bounce back to recovered loss after taking out the low of the last four trading days.

Thanks to gains from $LRAD, $AMRN, and $TINY, my port gained back 0.5% for the day.  YTD losses narrowed down to 1.3%.

Current holdings:

LRAD, CERS, TINY, AMRN, and 7% cash.

My 2 cents.



Categories: Daily trading Journal

Tags: , , , ,

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