The market made a dramatic come-back after opening down.

Look at that nice green bar.  This can only mean that the bull still has some sharp horns against the bear.

$DMRC published a white-paper that further supports the benefit of using Digimarc barcode for retailers. As far as I’m concerned, laser scanning for old upc barcode label is akin to VHS technology.  Image scanning is the new wave and Digimarc is all about image scanning plus more.

Price broke out of the resistance at $34 and closed nicely at $35.  All we need to hear is that a major private label retailer sign-on for the new Digimarc barcode and it may create a domino effect of other retailers to jump on board.  I’m going to hold this one for the long haul.

$KNDI woke up in the last hour of trading and price spiked up nicely.

Price took out both the 5 and 15 MA lines.  I may add more using the money from the sale of $AMRN today if price can maintain the altitude tomorrow.

$AMRN did not continue with last week momentum so I unloaded 40% of my position at breakeven to reduce risk.

The chart did not look particular bullish right now.  However, I’m still holding a decent amount for a possible bounce.

Thanks to rally from $DMRC, my largest position, and a few other positions, my port gained another 1% despite corrections from $KGJI, $DNN, $AMRN, and $DDD.  YTD gain is now at 8%.

Current holdings:

DMRC, LRAD, SVBL, SEED, DDD, AMRN, KNDI, NUGT, KGJI, DNN and 4% cash.

From my other account:

Waiting for $FITX to announce result of Health Canada inspection of facility and approval of license.

My 2 cents.

 

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Although the market was slightly negative today, I felt a strong undercurrent supporting the bullish stance.

Price is still above the 5 MA line despite a negative close.

Not to be given up so quickly, I tried $NUGT once again by buying in when price opened higher than yesterday close with a hard stop below the intra-day low.  This time I got traction.  My stop was not hit and I recovered all the money I lost from the last time I was stopped out of.  I’ll continue to hold this one as long as I can.

Chart showed a nice healthy bounce from here with volume greater than the last six trading days..

I also bought back some $KGJI which I used to own awhile ago but dumped it before the collapse.

I bought ’cause price bounced nicely off the support that goes back to September of last year. Let’s see if this one can bounce back to its formal trading range in the $1.7x area.

$DMRC bounced nicely today.

Today green bar may just be the beginning of another uptrend.  We’ll see next week.

Due to immediate gains from $NUGT and $KGJI as well as gain from $DMRC, $LRAD, $AMRN, my port went back up almost 2%.  YTD gain is now 7%.

Current holdings:

DMRC, LRAD, SVBL, AMRN, SEED, DDD, KNDI, NUGT, KGJI, and DNN (100% invested).

From my other account:

Waiting for $FITX to announce result of Health Canada inspection and license approval.

My 2 cents.

 

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The market took a pause today. 

See the doji bar near the resistance.  It could go either way… tomorrow we will find out.

I was quite impressed with $DDD transformation after reading their earnings report.  It has changed my perception of this company favorably.  I originally focused mainly on $XONE due to its metal printing machine; but $DDD actually made a lot of headway in this area as well.  Giving the bounce after the drop from the earnings news, I took the opportunity to buy some here as almost 50% discount from the previous historical high. 

From the weekly chart above, you can see the support goes all the way to early 2013.  If price remains about the same tomorrow, we will have an inside week that could serve as a possible bottom if this week high is taken out next week

Somehow, i can’t take my hand off the $KNDI machine.  I bought back a standard size position to see if it can bounce up from here. 

Price is still trading near the support so i will either get whipsawed again or finally catch the bottom from here.

$AMRN was holding well in the morning so I decided to add more to bring it back to the size I had two days ago. 

Price bounced nicely today.  If you look at the daily chart above, you can see the channel range from late January of this year.  Price seems to be bouncing off the bottom of the channel right now.

I had to admit I was a little hasty to add more $DNN after the open. 

Now, if I could only wait… but it is hindsight talking anyway.  After the big green bar yesterday, price has to take out the low of yesterday before I start thinking about cutting losses.  Meanwhile, I’m going to give it a bit more room to fluctuate.

$DMRC took another tumble today but somehow I’m not worried about this one. 

Price is still above the 79 & 89 MA lines; however, it is my belief in the $DMRC technology that put me in a calm mode.  After all, I have to be in the position to take advantage of any favorable development.  Missing out the rocket launch of $GWPH by one day is a huge lesson for me to learn.  One must learn to take some reasonable drawdown to stay in the game for the event news.  Due to downdraft of $DMRC and other positions, my port was down another 1%.  YTD gain is now 5%.

Current holdings: DMRC, LRAD, SVBL, AMRN, SEED, DDD, KNDI, DNN and 7% cash.

From my other account: Nothing new here except to wait for Health Canada inspection and approval of the license.

My 2 cents.

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The market bounced some today.

I like the fact that it closed above yesterday high. This confirmed the bullish stance especially when yesterday was a long tail bar which meant the bull came back strong from below and now it was able to hold its gain and some.

I added to $AMRN today anticipating a breakout of the $1.67 resistance.

It finally did but price closed right on the resistance level… wait a sec… it should be called support now.  Anyway, chart still looks good to me for a possible bounce to higher price.

I bought $NUGT back today ’cause price was bouncing after the open.

When price took out the opening range, I bought back a position. Let’s see if price can move higher from here.  I’m feeling that flight to precious metal is about to happen soon.

$DMRC moved higher today and is now near the resistance point of $34.3x.

Let’s see if it can take out that resistance tomorrow.

$CERS also bounced a bit higher.

I like the fact that price is now closing above both the 5 & 20 MA lines.

Thanks to rallies from $DMRC, $SVBL, $AMRN, $SEED, and $CERS, gain was more than offset the losses from $LRAD and $APRI.  My port gained 1% today.

Current holdings:

DMRC, LRAD, SVBL, AMRN, SEED, CERS, APRI, NUGT and 6% cash.

From my other account:

$FITX had a correction today but that was again a non-issue except to wait for Health Canada to inspect and approve the license.

My 2 cents.

 

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The market had a yoyo day… uip and down and up again.

Thanks goodness it closed on the higher side.  Today action meant that the bull hasn’t given up yet.  The uptrend is still on and the 79 & 89 MA lines are still trending higher.

Today, I continued to add to $AMRN position due to the fact that Pfizer is in take-over mood.  Not that it will buy out $AMRN but it may put other potential buyers in the mood.  I’m also thinking that monthly script may start to increase as a result of the partnership with Kowa Pharmaceuticals America Inc.

From the look of the chart, today bounce offsets Friday drop and keep the price above the support established back in late January. Let’s see if price can get back to the $2 area.

I also bought a starter position on $KNDI for the bounce after the collapse at the open.  The bounce was good but it didn’t last.  I was stopped out for losses since it was meant to be a swing trade instead of a buy and hold.

I also added to $APRI.  As long as price did not take out the lower half of the April 16th long green bar, this one has the potential to take out the resistance at $2.6x.

However, from the chart point-of-view, it has mixed signals.  Price staying above the 89 xma and the 20 MA line is a good sign but the momentum indicators below all point to possible over-bought.  I added more simply because $APRI is finally shipping their products.

I bought back $CERS here ’cause it looked like a formation of a double-bottom here.

From the chart, you can see the current double-bottom support goes all the way back to July of last year.  I expect this support to hold.  If price bounces from here, I may add more.  Earnings is coming out on May 1st and I feel that any bad news is already baked in the downdraft for the last two months.  So, the probability of bouncing is good.

$DMRC looked like it wanted to bounce so I added a bit more.

Today price action closed above Friday high which boded well for the bull side.

Despite some gains, losses from $KNDI and $SEED put my port at breakeven for the day.

Current holdings:

DMRC, LRAD, SVBL, AMRN, SEED, CERS, APRI and 14% cash.

From my other account:

$FITX continued higher and closed right on the resistance line.  It really doesn’t matter where price close these days ’cause the real key here is to get the license approval from Health Canada.

My 2 cents.

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Market corrected today and gave back about four days of gain.

If you look at the chart pattern inside the consolidation range, do you see a head and shoulder in development?  If price takes out the lower band of the consolidation range, the market is in trouble.  If price takes out the previous low at April 11th, it will be bad.  But these are all “ifs”; so let’s not get ahead of ourselves here.  As long as price stays above the 79 & 89 MA lines, I’m leaning on the bullish side.

I didn’t do much today except to add a bit more $AMRN and $APRI which closed down for the day.  I’m going to give these two a bit more room to breath instead of trading in and out quickly.  I want to hold these twos for a longer term to see if fundamental can take them back up; so I’m going to give it some more room.  Last time I traded in and out of a stock I missed out the spectacular rise of $GWPH.  So, I’ve learned my lesson once again.

$DMRC opened lower and then dropped like a rock when somebody dumped a thousand or so shares at the market, but that was a fake low since the next trader who bought a couple of hundred shares had to pay much higher than the intra-day low.  This is what you’ve to deal with when you are holding a super low-float stock.  I don’t mind it at all since I believe once the fundamental story begin to take hold and embrace by the market, price will be on the up and up.  I’ve got a good feeling about this one the same way I had a good feeling about $LNG.  My mistake was that I allowed the volatility of $LNG got the best of me so I bailed with a small profit and missed the biggest rally ever.  This time, I’m going to hold on to $DMRC despite volatility.

See how price had regained much of the downdraft by closing bell?  Today bar looked like a dragonfly doji; this pattern has a high probability of being a market turning points.  Let’s see if this is the case here.

It was strange that $SVBL did not follow the silver trading pattern today which was up slightly.

This must be an aberration due to some motivated sellers trying to raise some cash.  I’m holding this one the way I’m holding $DMRC and $LRAD ’cause I believe flight to precious metal may happen this year.  I don’t know when but it may happen.

Due to $SVBL and other minor corrections of the rest of the positions, my port was down again.

Current holdings:

$DMRC, $LRAD, $SVBL, $SEED, $AMRN, $APRI and 30% cash.  YTD gain is now 7%.

From my other account:

$FITX bounced nicely today.

Now, the long-standing resistance is only a stone throw away.  I believe money flow coming from people who sold $PHOT was driving $FITX up today.

My 2 cents.

 

 

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Market continued higher in a slower and cautious speed.

Another green bar boded well for $SPY. However, as you can see, there is a nearby resistance market has to overcome before heading higher.  The middle blue parallel lines is what I’m talking about.  Did you see the previous highs clustered around March 18th to 26th, and then again at April 9th and 10th?  Tomorrow we will know if price will break thru the resistance or drop back from bumping its head against resistance.

Today, I was shaken out of a few positions during the morning mini-collapse 40 minutes after the open.

At first, I added to $KNDI ’cause prices were heading higher like a trapped bull finally running free of its cage.  I added quickly and aggressively and was in the zone.  Then, without notice, price began to fall fairly quickly.

“What the f***?”

Due to my aggressive buy, I almost doubled down from Friday position.  With the speed of the fall continuing to accelerate, I saw my unrealized gain vaporizing into thin air.  Trying to cut the position quickly so I didn’t have to eat a big losses from this “uninformed” drop, I started hitting the “Sell market” button one after the other.  Somehow, I got carried away and ended selling the whole $KNDI position.

“Darn!”

Looking at my remaining available cash (from three days settlement), there wasn’t enough to buy the original size back.  So I moved on.

Oh yeah, while I was dumping $KNDI, I took it upon myself to dump $GWPH, $CARA, and $FSLR as well.

BAD Mistakes!

Practically all of the positions I sold except for $GWPH would have put me in a nice gain today… but you know it wasn’t me talking now, right?  It was Mr. Hindsight who was speaking (typing…)

Anyway, at the times I was selling the positions mentioned above, I was merely re-balancing my port to accommodate the “possible” cliff-falling market action.  Since the cliff-falling did not happen, my re-balancing act was not needed.  I did what I needed to do at the time so it was nothing for me to “dwell” on.

The act of re-balancing was a mean to allow me to keep some of my long positions without too heavily invested.   $KNDI, $GWPH, $CARA, $FSLR all came in this morning as a medium size starter positions and they were meant to be the first to dump if I felt the market was turning back down.  Meanwhile, $LRAD, $DMRC, and $SVBL were my three largest positions in the port and I want to keep them large going forward; thus my non-hesitation in dumping the stocks mentioned above even though they all came back up by day close.

Before the dumping this morning, I also bought back some $CERS and added to $SEED.  Near the close, I bought back some $AMRN to take advantage of the lower price.  I decided to buy back $AMRN ’cause when I called the pharmacy to refill my Vascepa fish-oil, they were able to give it to me the same day.  In past, they always had to “order” them due to the fact that I might be the only one who wanted it.  Not having to “order” meant the pharmacy is stocking up Vascepa to handle demand.  Hence, my buying back $AMRN.  Pretty crude justification to buy but it was good enough for me to do so.

$DMRC.  I realized I had not mentioned why I selected $DMRC to be a major holding of my port.  I think this news should sum it up:

Digimarc Unveils the Digimarc(R) Barcode at NRF 2014: Significantly Improves Checkout Scanning Speed While Enabling Unprecedented In-Store Mobile Engagement

Here is what I like in the news announcement, “Top brands, including Cooking Light, Costco, Ford and Sharper Image are already using digital watermark technology in magazines, brochures, catalogs and food packaging to engage with consumers via mobile devices.”

Although this was old news from back in January, it was very relevant to me when I discovered it last week. The technology and the concept could not be more relevant in today proliferation of smartphones with internet access.  How convenient it is to simply point your smartphone to the article, TV, audio sound, or the product itself and capture the hidden digital barcode that will take you straight to the information website or even the shopping cart screen for you to place an order without having to go thru the steps of “googling” the product you want to know more about.

So I started buying.  Due to the very low float, this stock was difficult to buy in bulk without chasing it up.  So I bought some everyday for the last few trading days.  Wednesday will be earnings day and I’m taking a big risk buying into earnings.  If this takes off after Wednesday, I hit another home-run, and if it tanks after earnings, I may add more depending on the new information that becomes available.

From the chart, price is now getting near the previous resistance at $36.93 (or $37); let’s see if Wednesday earning will blow this resistance to pieces or my position into pieces…

Since I sold my trading stocks to cut losses in the morning times, I didn’t have enough gain to offset the drawdown from $LRAD and $SVBL.  However, gain from $DMRC did a good job reducing today losses.  Today, my port dropped 0.5%.

Current holdings:

LRAD, DMRC,SVBL, SEED, CERS, AMRN and 42% cash.

From my other account:

What more can I say?

$FITX continued to bounce higher anticipating  a positive Health Canada response.

Price has to overcome the nearby resistance around $0.09.  Let’s see if it will take it out tomorrow.

My 2 cents.

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The market continued to bounce some today.

While it was not a big rally like the last two days, it was enough to keep the bull momentum intact.

For some reason, I got the distinct feeling that today the bull was developing into a base.  Thus, I began buying back some positions for the long-side going into the long weekend.

I started by adding more $DMRC.  Then seeing that $KNDI bounced off the long-term support at $11.00 area two days ago, I “felt” it was the right time to buy back some positions.  I’m also stroked by last Monday news that Shanghai is going to launch the public EV car-sharing system pilot project.  In a “normal” market day, this news might create a gap-up situation but current bearish climate neutralized the new info as if it was nothing.  I see this as an opportunity to buy back some now.  Let’s see if $11.00 can hold the support; if not, I may have to cut and run to stop the bleeding.

See how the support extends all the way back to beginning of January?

I also bought back $GWPH which I’d been trying to buy (and stopped out) previously.  However, I was sensing a bounce coming so I bought a starter position to see if it bounced this time.  It did so far.

Like $KNDI, the support extends all the way to early January as well.

$SEED was also bouncing from yesterday small green bar.

I started buying $SEED after the open to build it back to about 70% of my original size.  Price closed above the 79 & 89 MA lines  and it looks good.

I like $FSLR here ’cause there is a support that extends back to November of last year.

If the support holds, I may add more.  I like $FSLR ’cause it was the only solar stock that did not corrected like all other solar stocks.  In fact, while others were sliding down, $FSLR was actually on the up and up.

I added to $DMRC ’cause I saw the possibility of price taking out the resistance from late March.

Price did took out the resistance.  Let’s see next week can keep up with the upward momentum.

I also bought $CARA but price didn’t do much; so let’s if it will bounce next week.

Thanks to rallies from $LRAD, $DMRC, $KNDI, $SEED, and $GWPH, my port regained yesterday losses.

Current holdings:

LRAD, SVBL, DMRC, KNDI, FSLR, SEED, GWPH, CARA and 35% cash.

From my other account:

$FITX released news that added more weight to its goal of being the largest legit medical cannabis producer.

Due to its positive effect, price rocketed up 20+%.  As a result of the news, I added more $FITX as well.  Did you see how price bounced off the 79 & 89 MA lines?  Magical!

My 2 cents.

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