Today the bear began to show its face with a bit of a teeth exposed…

While price is still inside the consolidation range, it is important that price bounces some from here or we may be seeing more selling again.  There are three supports that are the bull defenders against the bear.  The lower range of the consolidation range and the 79 & 89 MA lines.  Next line of support is the low of early February.  If these supports cannot stop the bear, we may be looking at the beginning of the bear market.  No, it won’t be a big drop like 2008; but it will be a slow torturing trend for those who decides to hold for the bounce that never comes.  Hey, I’m getting ahead of myself here, pardon my senseless bearish sentiment.  Nothing is confirmed until you meet with Mr. Hindsight; but by then all Mr. Hindsight will tell you is, “I told you so!”.

Today price action made me regret selling my $TZA position yesterday morning.  Yes, I’m human so I’m entitled to feel a bit  “cheated” when my prediction was right on target but my conviction lacked resolve.  There you have it, conviction plays an important part in catching a runner, especially when you are trying to catch it at the starting gate.  By lacking conviction, I cheated myself of the $TZA profit.

I considered myself lucky that only about 10% of my three-days settlement cash was released today ’cause I spent it all by adding to $CARA, $SEED, and $MZOR in the morning looking for a bounce.  Then I had a meeting that lasted most of the trading hours; by the time I came out, I was in for a not-too-nice surprise.  While the three names I mentioned did not cause that much damage, it was the $LRAD drop that compound my losses a bit more.

However, I’m seeing a lot of potential bounces here:

Take a look at $SEED chart below:

Did you see the price literally settled down on the 89 XMA line?  If there is more available cash free up tomorrow, I’ll buy the bounce (only if there is a bounce) to add more.  No, I’m not averaging down, I’m merely trying to rebuild my position back to its original size.  Remember, per my “personal” definition, if I’m scaling into a position when price is dropping, I’m simply accumulating a position; however, once I’m done with the accumulation, any add-on will be considered averaging down ’cause I’ll be exceeding my risk level I’ve originally established for myself.

$MZOR again trekked toward the lower consolidation range.

If it takes out the lower range, I’m going to have to sell it to cut losses.  However, I prefer that it bounces from here like it did several times before.  The fact that it could not bounce from the lower range means the bear is stronger than before; hence my resolve to cut losses from breakdown.

$CARA is reporting tomorrow after hour so I’m holding this one for the gamble.

I also sold $NUGT when it took out yesterday low in the morning.  Thanks goodness I did ’cause it saved me a lot of grief from losing even more in the meltdown.  See, it pays to cut your losses fast to avoid a bigger losses later.

Despite another down day, I’m still up 11% for the year.

Current holdings:

LRAD, SVBL, MZOR, CARA, SEED and 38% cash.

From my other account:

I added more $FITX to bring it back to my original size.  And yes, I paid more to buy them back.

Despite today market slaughter, $FITX held very well!

I also bought $MCIG, another cannabis play.  While going over the cannabis selection the other days, this one pulled me in.  I like the concept of pen-style vaporizer for $10.  It is affordable and most people won’t have to think too hard to buy it.  If I lose the pen-vape, no big deal.

One other reason I like $MCIG is because of the technical bounce I see on the chart.  Price was bouncing from yesterday green bar that bounced from the 38% Fib retracement.  Did you see that price actually closed higher today?

Now, I’m all set to take advantage of the growing cannabis market.  May this port one day eclipses my main port mentioned above.

My 2 cents.

 

 

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Market had a bounce today; but it was a soft bounce.  Not the “I’m going back up!” bounce.

Notice that price is still inside the consolidation range.  We may stay in this range for some duration.  I rather stay in the range than to watch a waterfall, do you agree?  However, all the technical signs are biasing to the downside.  5 MA is now pointing down and below the 15 MA line. Both momentum indicators are pointing down.

I made two big mistakes today.  Mistakes that I should know better…

The first one was selling out my $TZA at the open without giving it time to work it out.  The chart wasn’t so bad that I had to sell.  In fact, if I had a bit more conviction, I should be able to take some heat and see where it ended at.  Although I sold at breakeven, I threw away a trade that still has the potential to run.  Why didn’t I buy it back?  Well, ’cause I used up the free cash for other things and the other cash were tied up with the three-days settlement.

Did you see that the 5 MA line just crossed over the 15 MA to the upside?  It is like a upside down mirror of the SPY chart above on the 5 & 15 MA lines.

The other mistake I made actually cost me a bit of money.  I bought $CERS for the bounce this morning and was completely ignorant of the potential $40 million dilution that was announced last Friday.  Why didn’t I read the news to find out why such a big drop yesterday?  I was assuming that yesterday drop was just in sympathy with all the other drops everywhere.  Anyway, while the buy itself was a mistake, the bigger mistake was that I bought size.  Ouch!  When price dropped to $4.80; it reached my pain limit so I sold to cut losses.  I sold ’cause I finally read the news and realized the mistake.  While I made a mistake, I did the “correct” thing by cutting losses pronto instead of trying to justify staying in the position.  That is the way you have to play it if you want to stay in the game and keeping your gain.  While it hurt, I felt relief.  Even when price bounced back by the close; I didn’t care.

I also added back some $CARA I sold yesterday ’cause I like this stock.

I bought back $MZOR and $SEED as well but only half of what I used to own on the former and only 1/5th of the latter.

To top it, I bought $NUGT to supplement my $SVBL position.  I like the chart on $NUGT ’cause it looks good for a bounce.

Because of my error in $CERS, my port went down a bit which was mostly the $CERS losses.  The other minor fluctuations were offset by the gain in $LRAD.

Current holdings:

$LRAD, $SVBL, $MZOR, $CARA, $NUGT, $SEED and 40% cash.

From my other account:

Well, I’ve to admit that I made a mistake yesterday selling $FITX.  As a result, I’ve to pay premium to buy them back today.

Why do I buy it back?

i reviewed the list of cannabis related stocks last night and I couldn’t find anything I like to buy.  I thought of $PHOT but I didn’t want to pay the $0.50+ to buy it. Most of them are already trading at premium price.  $FITX remains the underdog that has the potential to jump over all others in spades.  And when I didn’t see other selling down $FITX, I decided to bite the bullet and paid the premium to buy the shares back.  I will add more if $FITX decides to drop a bit.

As the production facility continues to develop into the final stage, I can see price climb as well.

From the look of the chart, it is trading at neutral without bias in either sides, up or down.

My 2 cents.

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The market took a big dump in the back-office while the DOW was showing some light selling. The disparity was quite telling… It reminded me of the war movie where the enemy had infiltrated the military camp and caught everyone by surprise. Meanwhile, the king and the queen was totally oblivious to the slaughter that was going on while dining on monkey brain and bear paws in their sheltered castle protected only by a few eunuchs whose daily thought were occupied by a dream that one day a famous Taoist with magical power would come by to grant their wish of having their penis restored back into their original shape and size.  Thus, they were no match to the enemy whose only thought was to cut their head off… the big one, of course, since the small one was already gone…

As you can see on the daily chart above, price had sunk deeper into the consolidation range.  It closed below the low of the last five trading days.  Will it bounce tomorrow?  Who know.

Meanwhile, seeing that my $TZA position bounced hard after the open and took out the high of the last few days, I immediately double-down on my speculation without hesitation.

See how $TZA had bumped into resistance from the previous high and fell back?  Price needs to take out that resistance before heading higher.

Because I was committed to my $TZA position, I’d to follow through to reduce my long position to reduce risk and exposure.  While $TZA was a counter-trend to short, it is a poor hedge.  It would take a huge position to even come close to hedging my long; thus it would be prudent to reduce my long positions pronto.  Therefore, I sold all of $MZOR and the rest of my $KGJI and $SEED.  I also reduced my $CARA position reluctantly since I could be selling this small float stock at the bottom; but safety prevailed and the thought of buying them back at low teens helped me pull the trigger.

After the dust settled, I ended up holding only $LRAD, $TZA, $SVBL, $CARA and 46% cash.

Despite the port being down a bit over 2% today, my year-to-date gain is at 14%.  While I can still see my milestone high, it is a bit too far for a stone-throw. I’m going to have to work hard to climb back up to reach it.

From my other account:

I could not believe the day would come that I sold $FTIX… The injunction issued by the court to allow home/local growers to continue on growing their medical cannabis until the case go to trial later in the year put a wrench in my conviction of holding $FITX steadfastly.

While one could argue the injunction is good for $FITX since it would allow additional time for them to complete the facility and grow their crops, I’m more concerned on the limited buyers (only new patients are required to buy from commercial growers) and the real possibility that the home/local growers will prevail in the trial to come.  In other words, Health Canada new policy is no longer a 100% sure thing.  With the kind of float out there and the release of restriction for insiders to sell their shares in April, I’m just glad that I was able to sell today without taking losses.

However, I’ll be watching the cannabis sector to look for opportunity to jump back in.

My 2 cents.

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Market was behaving like a whale today.  It came up for air and then dive right back into the ocean…

As you can see in the daily chart above, price hit the resistance at the previous high and fell back inside the consolidation range.  Basically, the market is not ready to make a new high unless there is some catalyst to push it up.

Today, I shifted my positions around.  I sold the rest of $KGJI ’cause the chart looked pretty bad in the morning.  With gold price climbing since early January but $KGJI was stuck in the consolidation range all this time.  Now that gold price is correcting, $KGJI went down with it.  I don’t know whey $KGJI is not getting any respect at all from speculators and investors; but it seems like my money had been tied up unproductively all these time I was holding it.  Thus, I decided to let it go and use the proceed to add more $SVBL.  Yes, I’m redirecting the focus from gold related stock such as $KGJI to silver mining.  $SVBL doesn’t do mining but they do own a prime piece of land in Northern Mexico that supposedly has a lot of silver underneath the ground based on exploratory result.  However, by day end, $KGJI spiked back up so I bought back a starter position.  I believe earning report is coming next week so let’s see which way it goes.  So far, I’ve missed two positive earnings play by closing out $KNDI and $SVA before earnings.  Oh well, it is still a gamble so I preferred to play safe.

I also reduced my positions on $SEED by 80% to reduce China exposure.  It seems that the politic in China may take a much longer time before deciding on the genetically modified seeds offered by $SEED.  Interest is fading and price is slumping back down.  The bids were there so I took it.  I also used the proceed to add more $SVBL.

Why the sudden interest in $SVBL?

For one, the super high volume (over two million shares traded) on March 13th got my attention.  $SVBL is a buy-out play so volume of that magnitude meant someone was interested.  It may or may not mean anything but I feel the “pull” to accumulate this stock.  I also believe the market, in general, is going to correct pretty heavily this year and that precious metals will become a popular safe-haven again to speculators and investors to jump back in.  Thus,with this thesis in mind, I added to $SVBL.  I could be wrong but this is the play I’ve chosen to follow.

See how price bounced right back up from the 79 & 89 MA lines?  The stochastic also began to turn up from below.  If I’m going to hold a precious metal related stock for a long duration waiting for something to happen, I’m going to give $SVBL a chance giving that $KGJI gold stock didn’t do much for me after all this time.

Currently, $SVBL is my third largest position after $LRAD and $MZOR.  $CARA dropped to fourth position giving recent correction.  In my own theory, $SVBL is my portfolio hedge against a major market correction- irrespective of rather my theory make sense or not.  You should know by now that I take a stock position based on my personal theory and logical deduction of what I think is happening or will happen.  I collected information from other contributors and weighed their opinions with my own analysis.  I then make my own decision to plan the trade- buy, sell, or hold.  I do NOT care what other people are doing with their position of the stocks I’m holding.  I make my own decision by looking at the chart and reviewing the latest updates.  Sometimes, I time it right and sometimes I don’t; but I always have to be mindful of managing the risk.

I was just glad that my $TZA position didn’t get stopped out during the morning rally.  It was nice to see it closed positive.  If the market continues to slide next week, I’ll add to this position as soon as cash is available from the three-day settlement.

Needless to say, with $LRAD, $MZOR, $CARA, and $SEED corrected today, my port suffered another setback but was cushioned nicely by the gain on $SVBL.

Current holdings:

LRAD, MZOR, SVBL, CARA, TZA, SEED, KGJI and 26% cash.

From my other account:

$FITX had a nice bounce today.

Although price could not stay above $0.10 and closed at the lower $0.09x range, I was just glad to see it closed positive today and for the week as well.  If $FITX executes flawlessly going forward after receiving the license from Health Canada, there is a possibility that this port will eclipse my main port discussed above.  I look forward to see that happen.

My 2 cents.

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Market bounced right back up and popped its head above water once more again.

Will it stay above or will it dive back down?  Tomorrow, we will see.

The highlight of the day is the big bounce from $MZOR.

As a result, I added more to swing for the fences. $MZOR is now a close second largest position after $LRAD.  Since $MZOR has only sold a handful of the robotic machine to the US hospitals, there remain a huge market for $MZOR to tap into.  The way I see it, as more and more hospitals begin to adopt this robotic machine, price will continue its upward trek.  I see a breakout coming either tomorrow or next week.

On the downside, $CARA, $SVBL, $KGJI, and $SEED more than offset the gain from $MZOR; thus, my port went down a bit today.

The new action I took today was to buy the bounce on $KNDI when price rallied from the 15 MA line in the morning.  I was in the money rather quickly; however, when I found out it was short-lived, I immediately sold my position at breakeven ’cause I know how fast $KNDI can drop based on recent experience.  Well, it was a good thing I acted quickly; otherwise, I would have to take the heat on the position since $KNDI closed below my morning entry point.  I’ll be watching $KNDI to catch another bounce that may hold.

I also reduced my position size on $KGJI furthermore ’cause it had been dead money for quite a long time now.  If price takes out the $1.85 resistance, I may add back my position.

I’m taking heat on $SVBL but I’m not worried since my position size is relatively small.

I also bought a starter position on $TZA with a GTC tight stop below the historical low just so I have my foot in the door.  So, if the market begin to tank again, I just need to add more without having to watch the downdraft and forget to participate.  Having a position make it possible for me to participate more actively.

Current holdings:

LRAD, MZOR, SEED, CARA, SVBL, KGJI, TZA and 21% cash.

From my other account, $FITX was neutral today so I won’t bother to show a chart.

My 2 cents.

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The market came out for air yesterday and decided to dive back into the water today.

Back into the consolidation range as the chart above clearly shows.

This turnaround, no doubt, brought my stocks to correct as well.

$SEED began the day strong by trading over $3.00; but price couldn’t handle the ensuing downdraft.

Good thing is that price bounced off from the support. Nevertheless, today spike up to $3 is quite encouraging.

At first, I sold some $KGJI to reduce my exposure and use the proceed to add more $SVA.  Later on, I remembered that $SVA earning was to be released after market close, so I sold out my position to play safe.  Turned out $SVA had better earnings, price went up after hours. I did not feel bad about being on the sideline no more than I feel bad about not playing black or red on the roulette table.  I don’t play, I don’t complain.  It is that simple.

There wasn’t much more to say about the rest of the stocks in my port since they all corrected a bit.  The only thing I could add is that I bought a small $KNDI starter position when price dipped below $19.00.  If price bounces tomorrow, I may add some more if there is cash free-up tomorrow from the three-day settlement.

Current holdings:

LRAD, SEED, MZOR, CARA, KGJI, SVBL, KNDI and 25% cash.

From my other account:

$FITX is no exception, it also took a hit like everyone else.

At least, price is still above the downtrend line.

My 2 cents.

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The market continued to bounce today.

It closed above the range which was a very good sign.

$KNDI opened higher and then went on to take out the high of yesterday.

But that didn’t last, not long after making new high, price dropped like a rock.  My mental stop was triggered and I sold at the market to protect profit.  Price then bounced around b/w the low of the day and yesterday close.  The SeekingAlpha article comparing $KNDI to other biofuel stocks like $FCEL didn’t help either.  I’m going to wait this one out to see what happen before venturing back in.  Although I mentioned that I would hold this one for medium long-term, I do change my mind from time-to-time giving the circumstances surrounding the price action.  Sometimes I’m wrong and sometimes I can get lucky; but I learn to follow my instinct, right or wrong.  Giving enough time, my instinct becomes another tool I use to trade the market.

$CARA continued to bounce.

Price closed above the 5 and 15 MA line.  It does look like we may see a V-shape reversal after-all.  Notice that price bounced today on low volume.  That is why I don’t trust the selling when the float is so small.  You could be cheated out of your shares if you don’t have enough conviction.

$SEED also bounce off the support line today.

And the 5 MA line is now turning back up after touching the 15 MA line. I like to believe $SEED is heading back above $3 soon.

I’m glad to see $MZOR also bounced up.

It was good to see price moved away from the bottom range.

$SVA took out yesterday high and I want to go back in so I bought back some.

If price continues higher, I’ll add more when cash becomes available from the three days settlement.

$KGJI disappointed when price took out the lower range of the consolidation area.

What doesn’t look good is that price is now under the 79 & 89 MA line.  I need to decide what to do with my position real soon.  Perhaps, I will lighten the load a bit.

$LRAD and $SVBL didn’t do much today so I won’t post any chart on them.

Thanks to $SEED and $CARA, my port bounced back up another notch.  Now, my milestone target is only a stone-throw away.

Current positions:

LRAD, SEED, CARA, MZOR, KGJI, SVBL, CERS, SVA and 17% cash.

From my other account:

$FITX did a fantastic job blasting out of the downtrend line.

Now, I like to see price takes out the previous high of  $0.10 set up on March 7th.

My 2 cents.

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Market had a nice come-back.

But we are not out of the wood yet.  See how price still settled inside the consolidation range?  Price need to get back above the top range to be considered back on the uptrend.

The big news today was the positive $KNDI earning announcement.  They sold more cars than the estimate 2,800 units they gave awhile back.  Basically, there are more individual buyers besides the car-sharing garage purchase.  Not bad!  And too bad for me staying on the sideline.  But that was price I paid to be a by-stander instead of a participator.  It was like watching an ongoing poker game as an observer instead of playing at the table.  Well, as they said, it could have gone the “other way”.

Nevertheless, today news practically convinced me that the drivers in China are ready to contribute to the clean air campaign by buying more EVs.  Thus, I went back in this morning paying up to $20 per share for the buy-in.  Only this time, I did not load up the boat as before, instead I bought a medium size position just as I would in a new stock- such as $MZOR or $CARA.  As far as I’m concerned, $KNDI is to me just another brand new trade with a new entry setup.  My past gain in $KNDI does not factored into this particular new $KNDI trade.  In other words, I will not be saying to myself thing like, “Oh, I had so much gain on this one I could fight the trend a bit more…”.  Instead, I will trade this $KNDI trade with all the proper medium-term outlook with its proper stop loss target.  If price continues higher tomorrow, I may add some more.

Price took out the previous high of $20.75 with super-high volume.  I can see a long-term uptrend coming for this one provided there are no major market correction during the year.

$CARA finally bounced today.

Price touched the 50% retracement line and took off.  I can see a high probability that price will start to head back up and beyond.

$SEED continued to hold steady at the support line.

I can see the 5 MA turning up tomorrow or later in the week.

$MZOR finally succumbed and dropped a bit more than usual.

While price is still inside the consolidation range, it needs to bounce soon to remain on an uptrend mode.

$KGJI broke down some today and price dropped below the $1.85 resistance again.

Oh brother!  $1.85 resistance all over again!  Oh well, I’m waiting for the coming earning report to kick start the uptrend.  It will be nice to have this one bounces the way $KNDI did today.

To supplement my gold play ($KGJI), I bought a silver mining company ($SVBL) today. I’ll continue to accumulate as soon as more cash is released from the three days settlement.

The above is a monthly chart.  See how price began to turn upward?  Last month green bar was a bullish engulfment pattern. This month price action already took out last month high; therefore, I’m bullish on this one for long-term hold.  I also like the fact that this month is the ONLY month that price action took out the 5 MA line.

Thanks to the gain from $KNDI and $CARA, my port bounced up a notch despite some drops from $MZOR and $KGJI.

Current holdings:

LRAD, SEED, MZOR, CARA, KNDI, KGJI, SVBL, CERS & 10% cash.

From my other account:

$FITX had a fantastic break-out on the chart today.

Did you see how today big green bar with relatively higher volume took out the downtrend line?  Once $FITX received the license from Health Canada, this is going to be a multi-years hold for me.  At least, this will be my other “$LRAD” play.  I’ve been trading profitably with $LRAD since 1998.  $FITX will become an even bigger game once the production of both medical and industrial cannabis begin.

My 2 cents.

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Market had another down day after spending all day trying to stay afloat.

But all is not lost, price still closed inside the consolidation range.  The first “if” I talked about yesterday haven’t been breached yet.

The only one stock in my port that sunk the most is $CARA. The rest of my position were either neutral, slightly up or down which had minimum effect on my port.

While I’m taking a heat on $CARA, I didn’t mind much at all.  I guess my big win on $KNDI has afforded me the luxury to bide my time on this one.  Price has approached the 50% fib retracement from historical low to high, so let’s see if it will bounce next week.  Btw, I added some more today when it bounced in the morning.  However, I decided to keep my shares even though the price turned negative later on.

Speaking of $KNDI, earning report is supposed to come out Monday, although I’m no longer holding position for this pivotal event, I wish everyone who is holding good luck.  If it takes off based on positive events, I may start to look for re-entry point.

$SEED closed back neutral after taking out the $2.60 support.

Did you see the doji formation today right at the support line?  Meanwhile the  5 MA line is also approaching the 15 MA line, this could mean a potential bounce next week.  Sometimes. the 5 MA line will come back down to touch the 15 MA before it bounces back up if the uptrend momentum is strong.  Let’s see if this is the case.

$KGJI had a strong opening which took out the $1.85.  It reached as high as $1.94 before coming back down to close slightly lower.

Because of the spike up, I added some more in the morning.  I’m still holding my added shares ’cause I believe price will eventually take out the ultimate $2.00 resistance.  Once that is taken out, I believe price will fly.  Why?

$KGJI had been consolidating in a range for almost four months now and volume was also increasing recently.  With gold price as well as gold mining stocks climbing for the last several weeks, there is only so much the bear can do to keep $KGJI stuck in a range while almost every gold related stocks are climbing.  Thus, I believe once $KGJI is back in the limelight, price will soar.

$MZOR is also stuck on the consolidation range.

Although it was only for about two months, any good news will kick this one up to the upside.

$LRAD closed the week slightly down.

But if you look at the weekly chart above, what come to your mind?  It is in a bullish trend, isn’t it?

I also bought a small starter position on $CERS when it was up in the morning (which I forgot to mention on twitter), I decided to keep the position even though it closed negative for the day.  Having a small position will allow me to keep an eye on this and give me the opportunity to add more when price begin to climb again.

Look at the weekly chart above, price has strong support at the $5.75 level.

Due to $CARA downdraft, my port dropped another notch.  However, I’m still up nicely for the year.

Current holdings:

LRAD, SEED, MZOR, CARA, KGJI, CERS and 24% cash.

From my other account:

$FITX chart looks very positive with a second green bar.

There may be a good chance price may bounce next week.

My 2 cents.

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Market opened higher and then dropped like a rock.

Notice that price is still inside the consolidation range; therefore, it is too early to call it a bearish market.  However, if it takes out the lower range, then the next supports are the 79 & 89 MA lines.  If that is taken out, then the next support is the Feb. low.  If that is taken out, then the bull may be over.  So there you have it, there are three “if” before we can worry about the bear market.

I bought $CERS, $GALE and added to $KGJI today; the first two were a mistake ’cause the market tanked afterward and I didn’t get out sooner.  $KGJI was a good addition since price held strong and even took out the $1.85 resistance briefly.  Volume was high today so it could mean more rally later on.

See how price closed directly at $1.85 with high volume whereas it couldn’t even close near $1.85 in the past.  I believe investors are finally realizing how undervalued $KGJI is.

Yes, I regretted selling $TINY after I bought giving that price had gone up due to an article from SeekingAlpha.

I’m not sure if I want to chase this one here.  I’ll have to wait and see.  All I can say is I miscalculated yesterday by focusing only on the D-Wave quantum computer.  Oh well…

$SEED corrected along with the general market.

But price still closed above the support line.  In fact, it is sitting right at the 15 MA line as well.  Let’s see it bounces tomorrow.

$MZOR continued to impress by fighting off bear attack.

Look at the bounce back!  The longer the consolidation, the more powerful is the breakout.  I expect the breakout is to the upside of course.

$CARA continued to correct.

Notice price is now sitting on the 15 MA support line as well as the 38.2% fib retracement line.  If it bounces tomorrow, I may add more.

$LRAD dropped out of the consolidation range but managed to climb back up to close as even.

Oh well, let’s see if it can bounce tomorrow.

Thanks to $CARA drop, my port dropped another notch down.  While I’m now below the milestone target, it is definitely within sight; so it  is a matter of time before I get back up there and beyond.

Current holdings:

LRAD, SEED, MZOR, KGJI, CARA and 28% cash.

From my other account:

Relatively speaking, I must say I’m impressed with $FITX performance today even though it didn’t go up.

The fact that it stayed even without going further down today despite a down market was very bullish to me.  It looks like it may bounce tomorrow and beyond.

My 2 cents.

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