The local market yesterday moved above the short term down trend line and still remains within the larger sideways move.
This chart shows the US based S@P 500 index is about 16 per cent above pre-COVID levels.
The price of oil has been rising nicely.
Select Harvest moved out of the congestion pattern yesterday and we will buy a parcel for the educational portfolio today.
De Grey Mining has moved out of the descending wedge type pattern.
Credit Corp is forming a nice little box type pattern.
Nickel Mines could be starting to form a double top type pattern after a spike up and weak close yesterday.
Online retailer Kogan has had an interesting retracement from the recent high.
Could Mayne Pharma finally be preparing to turn upwards.
ARB Corporation looks to have found support at these levels and could move higher from here.
Scentre Group has so far struggled to move above the $3 level.
After a strong week last week Polynovo looks to be bouncing up from the recent lows. We will buy a parcel later today.
Ecofibre looks to have found some support near previous lows.
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 | $250.16 | $261.81 | +$116.50 |
Bought Nickel Mines c/fwd 29/12/2020 at $1.14 | Bought 1,900 at 52.5c | 29/4/2020 | $1.34 | $1.46 | +$228.00
|
Bought NDQ ETF c/f $28.07 | Bought 100 at $26.50 | 1/10/2020 | $26.93 | $28.04 | +$111.00 |
Bought Resimac c/f $2.04 | Bought 1,500 at $1.45 | 2/10/2020 | $2.18 | $2.15 | -$45.00 |
Bought Webjet c/f $5.32 | Bought 600 at $3.90 | 4/11/2020 | $5.83 | $6.20 | +$222.00 |
Bought Hearts and Minds c/f $4.36 | Bought 600 at $4.50 | 11/11/2020 | $4.43 | $4.62 | +$114.00 |
Bought Baby Bunting c/f $4.85 | Bought 500 at $4.60 | 17/12/2020 | $5.04 | $5.54 | +$250.00 |
Bought AUDS ETF
| Bought 250 at $11.75 | 7/1/2021 | $11.26 | $11.53 | +$67.50 |
Bought Harvey Norman | Bought 500 at $5.10 | 13/1/2021 | $5.31 | $5.65 | +$170.00 |
Bought Platinum Asset Management | Bought 600 at $4.20 | 31/1/2021 | $4.80 | $4.86 | +$36.00 |
Bought Ardent Leisure | Bought 5,000 at 64c | 23/2/2021 | 70c | 81c | +$550.00 |
Bought Uniti Group
| Bought 1,300 at $2.15 | 24/2/2021 | $2.25 | $2.37 | +$156.00 |
Bought Ooh Media
| Bought 1,500 at $1.70 | 11/3/2021 | $1.70 | $1.86 | +$240.00 |
|
|
|
|
|
|
Start 2/1/2020 $50,000.00 | Open balance $51,787.10 |
|
|
| $51,787.10 |
| Gains/losses week +$2,216.00 |
|
|
| +$2,216.00 |
| Current total $54,003.10 |
|
|
| $54,003.10 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $39,550.50 |
|
|
| $39,550.50 |
Prices from Tuesday night or 6am for US positions. | Cash available $15,891.20 |
|
|
| $15,891.20
|
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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