The local market has formed a lower low and we were quickly stopped out of the small short position on a rebound from a support zone and we booked a small profit. Will the market move lower from here and form a lower high?

The US Nasdaq index has come off the highs the past few days and has just dipped below the trend line.

Copper stock Sandfire has made a series of higher lows on the weekly chart.

We were stopped out of Navigator Global when price fell through our stop loss point.

We bought a parcel of Ardent Leisure as it broke through the down trend line.

Eclipx Group has finally breached the $2 resistance level.

Lovisa has moved higher.

Pact Group has moved above recent highs.

Uniti Group has made a move above previous resistance and we bought a parcel today.

Senex Energy looks set to continue the move higher.

Jumbo Interactive has again retreated from the $16 resistance zone. Will the up trend line hold this time?

Table

Security

Units bought (sold)

Date

Open price/

From last table

Current/close

$ gain/loss

Buy CSL

c/fwd 29/12/2020 at $288.30

Bought 10 at $183.00

3/12/2018

3/12/2018

$288.84

$268.00

-$208.40

Bought Nickel Mines

c/fwd 29/12/2020

at $1.14

Bought 1,900 at 52.5c

29/4/2020

$1.30

$1.46

+$304.00

 

 

Bought NDQ ETF c/f

$28.07

Bought 100 at $26.50

1/10/2020

$29.50

$27.88

-$162.00

Bought Resimac c/f

$2.04

Bought 1,500 at $1.45

2/10/2020

$2.50

$2.73

+$345.00

Bought Webjet c/f

$5.32

Bought 600 at $3.90

4/11/2020

$4.78

$4.52

-$156.00

Bought Hearts and Minds c/f $4.36

Bought 600 at $4.50

11/11/2020

$4.67

$4.71

+$12.00

Bought Perseus c/f $1.26

Bought 2,200 at $1.20

2/12/2020

$1.23

Stopped 19/2 at $1.12

-$272.00

Bought Resolute c/f 78.5c

Bought 2,000 at 79c

2/12/2020

70.5

Stopped 17/2

65.5

-$130.00

Bought Baby Bunting c/f $4.85

Bought 500 at $4.60

17/12/2020

$5.82

$5.59

-$115.00

Bought AUDS ETF

 

Bought 250 at $11.75

7/1/2021

$11.68

$12.13

+$112.50

Bought Harvey Norman

Bought 500 at $5.10

13/1/2021

$5.71

$5.35

-$180.00

Bought Platinum Asset Management

Bought 600 at $4.20

31/1/2021

$4.39

$4.36

-$18.00

Bought Data#3

 

Bought 500 at $5.75

10/2/2021

$6.11

Stopped 23/2 at $5.40

-$385.00

Bought Navigator Global

Bought 1,300 at $2.00

17/2/2021

$2.00

Stopped 18/2 $1.75

-$355.00

Sold 6 ASX cfd’s

 

Sold 6 at 6,850

19/2/2021

6,850

Bought 23/2 at 6,805

+$240.00

Bought Ardent Leisure

Bought 5,000 at 64c

23/2/2021

64c

65.5

+$75.00

 

 

 

 

 

 

 

Start 2/1/2020

$50,000.00

Open balance

$52,463.90

 

 

 

$52,463.90

 

 

Gains/losses week

-$904.90

 

 

 

 

-$904.90

 

Current total

$51,559.00

 

 

 

$51,559.00

Brokerage at

$30 per round turn added when sold.

Less buy/ close prices and Margin

$32,490.50

 

 

 

$32,490.50

Prices ​​ from Tuesday night or 6am for US positions.

Cash available

$21,236.20

 

 

 

$21,236.20

 

 

 

Disclaimer: The commentary and trading positions taken are for educational purposes only and are not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column.

Monitor, measure, manage and maximise… Cheers Charlie.

 

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