The bear paws were big and ugly, tried as it might to push the bull underwater, the horn of the bull could be seen splashing water while fighting to free from the bear paws.. By the closing, the bull head could be seen above the water smoking a cigar while the bear was napping from exhaustion.
Due to the long tail, I say the bull has a good chance to regaining some more ground tomorrow.
Today was a bright day for me. $HYGS continued to shine over my port. As expected, investors like what they’ve heard on the earnings conference call. I believe $HYGS is currently trading at the bottom relative to future price trend. It doesn’t matter it is $22 or $24, we are still at the bottom. Imagine five years later when 10% of the country is driving fuel-cell cars or that 20% of the power-grid is hooked up to power-to-gas hydrogen storage system around the globe. Are you seeing the picture here? Remember how long it took 3D printing technology to become relevant to investors’ mindset? Well, I believe the time has come for fuel cell technology to become relevant in our near future.
See how price closed slightly above the $23 resistance. I like to see price traded above $23 going forward to maintain the bull stance. However, I won’t hold my breath for it. Giving its low float status, price will trend up in a wavy manner like a guy running in zig-zag to avoid getting hit by flying arrows.
$DMRC continued in forming a U-shape curve back to the upside.
However, I like to see price get back above the support line as soon as possible.
$AMRN broke out of its small symmetrical triangle.
I like to see price head back above the 89 MA line.
Today, four stocks were up with three down slightly. Thanks to a big part in $HYGS, my port gained 1.9%. YTD losses is now 0.9%.
Current holdings:
LRAD, DMRC, HYGS, STV, KGJI, ORBC, AMRN (100% invested/speculated)
From my other account:
I bought $KNDI for a trade and added more later in the day. I’m still holding my position as of now. I like the idea of On-street EV charging/Parking stations since they are much easier to build out comparing to the EV car-sharing garage. Having the City to allocate the street parking for the EV charging spaces is much easier than negotiating limited land space to build out garages. In fact, having on-street charging is very similar to the immensely popular bicycle sharing program in China.
My 2 cents.
If you enjoy the content at iBankCoin, please follow us on Twitter