The local market had the worst day for a month down 0.7 per cent yesterday after coming within 100 points of the all-time highs. At the time of writing it is down another 100 points.
The long ASX 200 cfd trade did not work out as expected. We closed half the position before the weekend to reduce our downside risk and closed the position at the close of trade Monday after a disappointing session.
The price of gold looks to be headed higher after overcoming a previous resistance level.
We sold the Harvey Norman position after it moved below the recent swing low.
Ooh Media is still stuck in a sideways funk and we will sell today and raise our cash levels while looking for other opportunities.
Paladin initially rose after purchase and is now back down close to our stop level.
Whitehaven Coal has moved below a recent support level this morning after the recent earnings down grade. Will it be a false break or the start of further falls?
Polynovo looks to be forming a bullish flag type pattern.
Anteo Tech the rapid COVID-19 test maker has seen some volatile moves ahead of European certification.
Adairs has just moved to fresh highs and a similar pattern is also visible on the Money3 chart.
City Chic has recently moved above old highs.
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 | $264.66 | $263.66 | -$10.00 |
Bought Nickel Mines c/fwd 29/12/2020 at $1.14 | Bought 1,900 at 52.5c | 29/4/2020 | $1.23 | $1.27 | +$76.00
|
Bought NDQ ETF c/f $28.07 | Bought 100 at $26.50 | 1/10/2020 | $30.04 | $29.59 | -$45.00 |
Bought Resimac c/f $2.04 | Bought 1,500 at $1.45 | 2/10/2020 | $2.13 | $2.11 | -$30.00 |
Bought Hearts and Minds c/f $4.36 | Bought 600 at $4.50 | 11/11/2020 | $4.42 | $4.42 | Steady |
Bought Baby Bunting c/f $4.85 | Bought 500 at $4.60 | 17/12/2020 | $6.02 | $6.25 | +$115.00 |
Bought Harvey Norman | Bought 500 at $5.10 | 13/1/2021 | $5.74 | Sold 14/4 at $5.60 | -$100.00 |
Bought Platinum Asset Management | Bought 600 at $4.20 | 31/1/2021 | $4.84 | $4.74 | -$60.00 |
Bought Ardent Leisure | Bought 3,500 at 64c | 23/2/2021 | 93c | 92.5c | -$17.50
|
Bought Uniti Group
| Bought 1,300 at $2.15 | 24/2/2021 | $2.58 | $2.58 | Steady |
Bought Ooh Media
| Bought 1,500 at $1.70 | 11/3/2021 | $1.73 | $1.71 | -$30.00 |
Buy Polynovo
| Bought 1,000 at $2.72 | 17/3/2021 | $2.95 | $3.09 | +$140.00 |
Buy De Grey Mining
| Bought 2,500 at $1.05 | 17/3/2021 | $1.20 | $1.33 | +$325.00 |
Buy Paladin
| Bought 6,000 at 37.5c | 24/3/2021 | 41 | 37 | -$240.00 |
Bought Brickworks
| Bought 100 at $20.80 | 31/3/2021 | $20.18 | $20.47 | +$29.00 |
Bought Chalice Mining | Bought 500 at $5.40 | 1/4/2021 | $6.29 | $6.24 | -$25.00 |
Bought ASX 200 cfd’s
| Bought 6 at 6,998 | 14/4/2021 | 6,998 | Sold 3 16/4 at 7,063 Sold 3 19/4 at 7,065 | +$165.00 +$171.00 |
Bought Pilbara Minerals | Bought 2,000 at $1.20 | 14/4/2021 | $1.20 | $1.30 | +$200.00 |
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|
|
|
|
Start 2/1/2020 $50,000.00 | Open balance $55,456.10 |
|
|
| $55,456.10 |
| Gains/losses week +$663.50 |
|
|
| +$663.50 |
| Current total $56,119.60 |
|
|
| $56,119.60 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $45,662.50 |
|
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| $45,662.50 |
Prices from Tuesday night or 6am for US positions. | Cash available $11,366.20 |
|
|
| $11,366.20
|
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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