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

08-19-2014 Trading Journal

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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