The market bounced some today.
I like the fact that it closed above yesterday high. This confirmed the bullish stance especially when yesterday was a long tail bar which meant the bull came back strong from below and now it was able to hold its gain and some.
I added to $AMRN today anticipating a breakout of the $1.67 resistance.
It finally did but price closed right on the resistance level… wait a sec… it should be called support now. Anyway, chart still looks good to me for a possible bounce to higher price.
I bought $NUGT back today ’cause price was bouncing after the open.
When price took out the opening range, I bought back a position. Let’s see if price can move higher from here. I’m feeling that flight to precious metal is about to happen soon.
$DMRC moved higher today and is now near the resistance point of $34.3x.
Let’s see if it can take out that resistance tomorrow.
$CERS also bounced a bit higher.
I like the fact that price is now closing above both the 5 & 20 MA lines.
Thanks to rallies from $DMRC, $SVBL, $AMRN, $SEED, and $CERS, gain was more than offset the losses from $LRAD and $APRI. My port gained 1% today.
Current holdings:
DMRC, LRAD, SVBL, AMRN, SEED, CERS, APRI, NUGT and 6% cash.
From my other account:
$FITX had a correction today but that was again a non-issue except to wait for Health Canada to inspect and approve the license.
My 2 cents.
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