The local market is up today after spiking lower yesterday and is still well above the current up trend line. The US S@P 500 is also trading close to all-time highs and shows some price divergence with the MACD indicator which at times can signal the end of a rally. Watching.

United Malt the spin-off from Graincorp could be building up for a move higher.

Resolute Mining is forming an interesting down-sloping wedge pattern. Sometimes these break out with fast moves.

Fortescue Metals is forming a large consolidation type pattern.

Reliance looks to be consolidating the current move up.

BWX has cracked the $5 level for now.

Points Bet Holdings moved out of congestion and is now close to testing support.

With a lot of Aussies now driving around the country spare parts supplier Bapcor might do well.

After a quick run up we will sell out of Brickworks and take some profits out of Uniti Group which has also run hard by selling a third of our holding in the Educational portfolio.

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

$300.51

$290.29

-$102.20

Bought NDQ ETF c/f

$28.07

Bought 100 at $26.50

1/10/2020

$31.17

$31.73

+$56.00

Bought Resimac c/f

$2.04

Bought 1,500 at $1.45

2/10/2020

$2.39

$2.48

+$135.00

Bought Uniti Group

 

Bought 1,300 at $2.15

24/2/2021

$3.35

$3.29

-$78.00

Buy De Grey Mining

 

Bought 1,500 at $1.05

17/3/2021

$1.27

Stopped $1.25

-$60.00

Buy Paladin

 

Bought 6,000 at 37.5c

24/3/2021

47

50

+$180.00

Bought Brickworks

 

Bought 100 at $20.80

31/3/2021

$23.72

$24.71

+$99.00

Bought City Chic

 

Bought 600 at $4.40

22/4/2021

$5.35

$5.19

-$96.00

Bought Bravura

 

Bought 800 at $3.00

5/5/2021

$3.50

$3.45

-$40.00

Bought Worley

 

Bought 250 at $11.30

5/5/2021

$12.12

$11.72

-$100.00

Bought Computershare

Bought 200 at $15.50

21/5/2021

$16.95

$16.98

+$6.00​​ 

Bought ASX

 

Bought 30 at $76.00

27/5/2021

$77.75

$77.69

-$1.80

Bought Webjet

 

Bought 500 at $5.20

2/6/2021

$5.20

$4.74

-$230.00

Bought Whitehaven Coal

Bought 1,500 at $1.90

9/6/2021

$1.93

$1.89

-$60.00

Bought Super Retail​​ 

 

Bought 200 at $13.19

16/62021

$13.00

$12.67

-$66.00

Bought A2 Milk

 

Bought 400 at $5.93

16/6/2021

$6.05

$6.11

+$24.00

Points Bet Holdings

 

Bought 200 at $13.80

23/6/2021

$13.80

$12.85

-$190.00

Telix Pharmaceutical

 

Bought 500 at $5.70

24/6/2021

$5.70

$5.84

+$70.00

 

 

 

 

 

 

 

Start 2/1/2020

$50,000.00

Open balance

$59,616.30

 

 

 

$59,616.30

 

 

Gains/losses week

-$570.80

 

 

 

 

-$570.80

 

Current total

$59,045.50

 

 

 

$59,045.50

Brokerage at

$30 per round turn added when sold.

Buy/ close prices and Margin

$50,556.60

 

 

 

$50,556.60

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

Cash available

$10,019.90

 

 

 

$10,019.90

 

 

 

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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