The local market looks to be marking time for now, perhaps waiting to see what news comes from the US Federal Reserve later this week.
Nickel Mines posted an update yesterday and the shares fell through our stop loss level and we sold.
Ardent Leisure also fell through our stop yesterday and we exited our position.
Pinnacle Investment has briefly moved above recent highs. Will the move last?
Pilbara Minerals looks to be making a bearish flag type pattern and we exited our position just before lunch. De Grey Mining is down a bit from recent highs and we sold a fifth of our position before lunch to lock in some profits.
Kogan has fallen quite a lot from the Covid highs and could find some support at these levels near the 2018 highs and we picked up a parcel this morning.
Bravura could be making a bottoming pattern.
Accent Group moved quickly once it breached the resistance zone. A pullback close to support could provide some interesting trade possibilities.
United Malt is considered by some analysts as one stock that could benefit from economies reopening.
Life 360 has made a nice ABC pattern above the resistance zone.
Newly listed Nuix has fallen out of favour for now.
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 | $263.66 | $268.37 | +$47.10 |
Bought Nickel Mines c/fwd 29/12/2020 at $1.14 | Bought 1,900 at 52.5c | 29/4/2020 | $1.27 | Stopped 27/4 at $1.16 | -$239.00
|
Bought NDQ ETF c/f $28.07 | Bought 100 at $26.50 | 1/10/2020 | $29.59 | $29.84 | +$25.00 |
Bought Resimac c/f $2.04 | Bought 1,500 at $1.45 | 2/10/2020 | $2.11 | $2.21 | +$150.00 |
Bought Hearts and Minds c/f $4.36 | Bought 600 at $4.50 | 11/11/2020 | $4.42 | $4.23 | -$114.00 |
Bought Baby Bunting c/f $4.85 | Bought 500 at $4.60 | 17/12/2020 | $6.25 | $6.09 | -$70.00 |
Bought Platinum Asset Management | Bought 600 at $4.20 | 31/1/2021 | $4.74 | $4.76 | +$12.00 |
Bought Ardent Leisure | Bought 3,500 at 64c | 23/2/2021 | 92.5c | Stopped 27/4 at 86c | -$257.50
|
Bought Uniti Group
| Bought 1,300 at $2.15 | 24/2/2021 | $2.58 | $2.68 | +$130.00 |
Bought Ooh Media
| Bought 1,500 at $1.70 | 11/3/2021 | $1.71 | Sold 21/4 at $1.67 | -$90.00 |
Buy Polynovo
| Bought 1,000 at $2.72 | 17/3/2021 | $3.09 | $3.01 | -$80.00 |
Buy De Grey Mining
| Bought 2,500 at $1.05 | 17/3/2021 | $1.33 | $1.60 | +$675.00 |
Buy Paladin
| Bought 6,000 at 37.5c | 24/3/2021 | 37 | 38 | +$60.00 |
Bought Brickworks
| Bought 100 at $20.80 | 31/3/2021 | $20.47 | $20.47 | Steady |
Bought Chalice Mining | Bought 500 at $5.40 | 1/4/2021 | $6.24 | $7.05 | +$405.00 |
Bought Pilbara Minerals | Bought 2,000 at $1.20 | 14/4/2021 | $1.30 | $1.17 | -$260.00 |
Bought City Chic
| Bought 600 at $4.40 | 22/4/2021 | $4.40 | $4.54 | +$84.00 |
|
|
|
|
|
|
Start 2/1/2020 $50,000.00 | Open balance $56,119.60 |
|
|
| $56,119.60 |
| Gains/losses week +$477.60 |
|
|
| +$477.60 |
| Current total $56,597.20 |
|
|
| $56,597.20 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $41,202.00 |
|
|
| $41,202.00 |
Prices from Tuesday night or 6am for US positions. | Cash available $16,384.90 |
|
|
| $16,384.90
|
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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