The local market looks to have moved out of the recent downtrend and sideways funk and is now headed for a possible new high before the end of the year.
The weekly chart of the local market shows the recent retracement bottomed out at the 2020 high.
The price of gold looks stuck in a sideways move.
Aurelia Metals has run into a potential resistance zone.
Nuix has posted a couple of strong days and moved above the resistance zone and we bought a parcel today.
Scentre Group is trading in a tight range above the resistance zone.
Copper explorer Stavely could come up with a new mine sometime down the track and if the projected demand plays out this one could be a ten bagger. Time will tell.
Goodman looks to be taking a breather.
Rural Funds Group keeps slowly chugging along.
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 | $282.67 | $296.17 | +$135.00 |
Bought NDQ ETF c/f $28.07 | Bought 100 at $26.50 | 1/10/2020 | $31.82 | $32.91 | +$109.00 |
Bought Webjet
| Bought 200 at $5.20 | 2/6/2021 | $6.11 | $6.50 | +$78.00 |
Bought Whitehaven Coal | Bought 1,500 at $1.90 | 9/6/2021 | $3.35 | $3.31 | -$60.00 |
Bought Resolute Mining | Bought 2,500 at 58c | 7/7/2021 | 43 | 44.5 | +$37.50 |
Bought Audinate
| Bought 300 at $8.90 | 9/7/2021 | $9.43 | Stopped 19/10 at $8.95 | -$174.00 |
Bought Atomos
| Bought 2,000 at $1.32 | 19/8/2021 | $1.56 | $1.55 | -$20.00 |
Bought Redbubble
| Bought 700 at $3.70 | 19/8/2021 | $4.50 | $4.00 | -$350.00 |
Bought Flight Centre
| Bought 100 at $15.90 | 25/8/2021 | $22.20 | $22.74 | -$30.00 |
Bought Woodside Petroleum | Bought 100 at $23.00 | 27/9/2021 | $25.14 | $24.96 | +$10.00 |
Bought Venturex now Develop | Bought 5,000 at 55c | 7/10/2021 | 61c | 68c | +$350.00 |
Bought Perenti Global | Bought 2,500 at $1.00 | 13/10/2021 | $1.00 | $1.02 | +$50.00 |
Bought Aurelia Metals | Bought 8,000 at 34c | 14/10/2021 | 34c | 38.5 | +$360.00 |
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|
|
|
|
|
Start 2/1/2020 $50,000.00 | Open balance $62,290.80 |
|
|
| $62,290.80 |
| Gains/losses week +$495.50 |
|
|
| +$495.50 |
| Current total $62,786.30 |
|
|
| $62,786.30 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $33,267.70 |
|
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| $33,267.70 |
Prices from Wednesday night or 6am for US positions. | Cash available $29,277.50 |
|
|
| $29,277.50
|
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.
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