iBankCoin
Don't pay dollar to keep 2 cents when wrong. Cut your losses quickly. Trade what you see, not what you think.
Joined Oct 26, 2011
719 Blog Posts

08-11-2014 Trading Journal

The market started the week off with a bounce.

SPY_Daily

While it was not a spectacular bounce, it was decent enough for the first day of the week.

I’ve another good solid day with 5 out of 6 stocks being up for the day.

$LRAD continued to moved higher albeit with lower volume than last Friday.

LRAD_daily

Price closed above the mid-point of the Andrew’s Pitchfork uptrend line.  Momentum is very strong after the conference call.  The numerous sizable deals on the tables are all strong catalysts for higher price in the near future.  Click here if you are interested in learning more.

$DMRC also did well with a solid bounce.

DMRC_daily

Price climbed over the 15 MA line and the formation of a V-shape bounce is being developed.

With the exception of $STV which was down for the day, the rest was consolidating with bias leaning on the bullish side.

Thanks to $LRAD and $DMRC, my port gained 3.4%.  YTD gain is now 6.7%.

Current holdings:

LRAD, HYGS, DMRC, STV, AMRN, ORBC (100% invested/speculated).

From my other account:

$INFN tried hard to break out but couldn’t do it today.

INFN_daily

If price falls from here tomorrow, I may have to bail to cut losses.

My 2 cents.

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