The local market dropped quickly in morning trade on the back of weaker overseas markets and looks to have broken down out of a bearish flag pattern.

The Dow Jones Index is now showing a lower top after a steady run up.

The big surprise this morning came from EML Payments moving down more than 30 per cent after an update.

Appen is up more than ten per cent in morning trade after a market update and may have found some support around the $10 mark.

Aristocrat Leisure has made a new high.

Whitehaven Coal is forming what could be an interesting bottoming pattern and made a nice potential pivot point.

Australian Ethical Investment is also trading near new highs.

Computershare looks close to moving above the recent resistance level.

Ingenia Communities reckons the new downsizing rules for retirees could be good for their business over the next few years.

Katmandu Holdings made a nice higher high just above support.

Uniti Group has retraced a little after reaching the break out patterns target.

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

$274.34

$277.20

+$28.60

Bought NDQ ETF c/f

$28.07

Bought 100 at $26.50

1/10/2020

$28.07

$28.45

+$38.00

Bought Resimac c/f

$2.04

Bought 1,500 at $1.45

2/10/2020

$2.45

$2.36

-$135.00

Bought Baby Bunting c/f $4.85

Bought 500 at $4.60

17/12/2020

$5.73

Sold 12/5 at $5.50

-$145.00

Bought Uniti Group

 

Bought 1,300 at $2.15

24/2/2021

$2.80

$2.79

-$13.00

Buy De Grey Mining

 

Bought 2,000 at $1.05

17/3/2021

$1.42

$1.49

+$140.00

Buy Paladin

 

Bought 6,000 at 37.5c

24/3/2021

50.5

54.5c

+$240.00

Bought Brickworks

 

Bought 100 at $20.80

31/3/2021

$21.20

$20.51

-$69.00

Bought Chalice Mining

Bought 500 at $5.40

1/4/2021

$7.58

$8.21

+$315.00

Bought City Chic

 

Bought 600 at $4.40

22/4/2021

$4.43

$4.41

-$12.00

Bought Kogan

 

Bought 250 at $10.50

28/4/2021

$10.16

$10.12

-$10.00

Bought Bravura

 

Bought 800 at $3.00

5/5/2021

$3.12

$3.11

-$8.00

Bought Worley

 

Bought 250 at $11.30

5/5/2021

$11.43

$11.57

+$35.00

Bought Harvey Norman

Bought 500 at $5.15

14/5/2021

$5.15

$5.24

+$45.00

 

 

 

 

 

 

 

Start 2/1/2020

$50,000.00

Open balance

$56,817.60

 

 

 

$56,817.60

 

 

Gains/losses week

+$449.60

 

 

 

 

+$449.60

 

Current total

$57,267.20

 

 

 

$57,267.20

Brokerage at

$30 per round turn added when sold.

Buy/ close prices and Margin

$38,601.50

 

 

 

$38,601.50

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

Cash available

$19,519.90

 

 

 

$19,519.90

 

 

 

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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