05-12-2015 Journal- $LRAD, $CERS, $LEU, $UEC, $DMRC, $NUGT

“Whew!”, that was a close call.  If the bull hadn’t recovered from the morning waterfall, the DOW would have a big long red down bar.

DJ-30 daily

The recovery today created a long-tail on the candlestick bar.  This could be considered a bullish signal; however, it needs to be confirmed by taking out today high tomorrow.

Today, all except $DMRC made moderate gain for the day.

$CERS made a strong recovery after the bear took it down in the morning.


While looking like a doji bar, it is green color nevertheless.  Today action changed the nature of $CERS behavior.  Previously price action was susceptible to general market sell-off day and was rarely able to recover it.  This time, not only it recovered strongly, it also took out yesterday high.  It is almost like watching a young week teenager turned into a strong man with an attitude.

$NUGT opened higher and was able to close high as well.


It is now close above the ascending triangle.  Let’s see if it can keep going up.

$LRAD continued yesterday upward momentum.  Thanks goodness of news of additional sales of their mass notification systems.  I believe these sales are just the tip of the massive ice-berg down below.


Price is now back at the top of the consolidation range.  It still has a lot of work to do to get back over the 79 & 89 MA lines.

$DMRC was down a bit.


But based on the chart, it is still within the bullish framework.  I added to $DMRC to round up position size.

$LEU and $UEC were up only slightly so I won’t be posting charts.

Thanks to four stocks being up with only one down, my port gained back 1.4% for the day.  YTD gain is now at 14.9%.

Current holdings:

LRAD, CERS, LEU, DMRC, UEC, NUGT and 5% cash.

My 2 cents.,

Categories: Daily trading Journal

Tags: , , , , , ,

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