Market is approaching previous high which is going to be quite a resistance.
Can price breakout to the upside and make new high?
Today, five of my six stocks were down but $LRAD still managed to carry the port to the upside by continuing to advance.
Price came close to previous high of $3.36 and then back down. Regardless, price still close a respectable 7.26% on the upside. After hour price is up so maybe tomorrow it will break out of the resistance.
While $HYGS was down today, the chart still looks bullish.
See how price settled at the 15 MA line. I like to see price bounce tomorrow; otherwise, there may be more correction in the wind.
Like $HYGS, $DMRC closed lower but also settled near the mini-uptrend line.
Again, will like to see price bounce tomorrow.
$AMRN, although down slightly, still exhibits a bullish trend.
Price is still trading above the 5 MA line.
$STV earnings came out and it didn’t excel as I’d hope. Price may sell off tomorrow and I may consider cutting losses.
Thanks to $LRAD once again, my port still managed to gain 1.3% despite five down stocks. YTD gain is now at 17.3%.
Current holdings:
LRAD, HYGS, DMRC, STV, AMRN, ORBC (100% invested/speculated)
My 2 cents.
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