The local market has been slowly moving higher and for the last three days made highs around 7,471 and then closed lower. A small sign of weakness perhaps.

The US based S@P 500 has made a fresh high as US markets move into a seasonally strong period.

After hitting the 61.8 per cent retracement target of the big range down Whitehaven Coal has lost 26 per cent and we sold half our position.

On the daily chart there is still a chance Whitehaven can find support off the rising trendline. Time will tell.

Platinum Asset Management is again down to previous lows. Can it rebound again?

Can Webjet move higher from here.

Incitec Pivot looks to be consolidating at these levels.

Life 360 has moved up and out of congestion and we bought a parcel for the educational portfolio today.

Stavely Minerals has made a nice ABC pattern above the down trend line and we bought a parcel for the educational portfolio today.

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

$296.17

$296.17

Steady

Bought NDQ ETF c/f

$28.07

Bought 100 at $26.50

1/10/2020

$32.91

$33.10

+$19.00

Bought Webjet

 

Bought 200 at $5.20

2/6/2021

$6.50

$6.27

-$46.00

Bought Whitehaven Coal

Bought 1,500 at $1.90

9/6/2021

$3.31

Sold 750 at $2.98

750 left at $2.72

-$277.50

-$442.50

Bought Resolute Mining

Bought 2,500 at 58c

7/7/2021

44.5

44.5

Steady

Bought Atomos

 

Bought 2,000 at $1.32

19/8/2021

$1.55

Stopped 25/10 at $1.45

-$230.00

Bought Redbubble

 

Bought 700 at $3.70

19/8/2021

$4.00

$4.15

+$105.00

Bought Flight Centre

 

Bought 100 at $15.90

25/8/2021

$22.74

Sold 21/10 at $20.39

-$265.00

Bought Woodside Petroleum

Bought 100 at $23.00

27/9/2021

$24.96

$24.07

-$89.00

Bought Venturex now Develop

Bought 5,000 at 55c

7/10/2021

68c

61c

-$350.00

Bought Perenti Global

Bought 2,500 at $1.00

13/10/2021

$1.02

$1.04

+$50.00

Bought Aurelia Metals

Bought 8,000 at 34c

14/10/2021

38.5c

38.5

Steady

Bought Nuix

 

Bought 1,000 at $3.05

22/10/2021

$3.05

$3.14

+$90.00

 

 

 

 

 

 

 

Start 2/1/2020

$50,000.00

Open balance

$62,786.30

 

 

 

$62,786.30

 

 

Gains/losses week

-$1,541.00

 

 

 

 

-$1,541.00

 

Current total

$61,245.30

 

 

 

$61,245.30

Brokerage at

$30 per round turn added when sold.

Buy/ close prices and Margin

$28,197.70

 

 

 

$28,197.70

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

Cash available

$33,341.50

 

 

 

$33,341.50

 

 

 

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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