Somebody please whip the bull from behind. I think the bull is suffering from chronic fatigue symptom…
Let’s count our blessing that the bull is still heading up albeit as a snail pace.
There wasn’t much action from me today except to watch $DMRC and $ORBC climbing up the price ladder.
$DMRC continued to rally to form a nice handle for the cup & handle pattern.
The probability of breaking out of the cup & handle is pretty high at this point. Perhaps it may happen tomorrow.
$ORBC also rallied hard.
I like the fact that price is now on top of the 79 & 89 MA lines. Let’s see if price can take out $7 this time around.
$LRAD was doing another soft landing to the 79 & 89 MA support lines.
There is really nothing to do but to wait for earnings update in late November.
$URA corrected ever so slightly with low volume.
I don’t blame it for need to take a break after two days of hard rally.
Again, $DMRC and $ORBC came to the rescue to save the day by making gains to offset $LRAD continuing drawdown; thus, my port was able to gain another 1.1% with YTD gain at 12.6%.
Current holdings:
LRAD, DMRC, ORBC, URA and 2.1% cash.
From my other account:
Yeap, I’m still holding $MCIG and is waiting for the spin-off shares for Vitacig.
My 2 cents.
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