The local market has finally clawed back fifty per cent of the fall from the highs which is also a support and resistance zone around the 7,000 mark.

With China’s continued military exercises around Taiwan it is a wonder gold is not trading higher.

Coles is still trading beneath a big resistance zone.

Bravura could be making a bottoming type pattern.

Chorus looks to be making a nice ABC type pattern above the support zone.

 

Spark New Zealand is still locked in a sideways congestion.

Telix has doubled in price in just five months.

Mining minnow Australian Vanadium looks to be posturing for a move higher. Some analysts think vanadium use for large electric batteries could increase significantly. We bought a parcel for the educational portfolio today along with some Stavely Minerals.

Xero has been making some nice higher lows.

Table

Security

Units bought (sold)

Date

Open price/

From last table

Current/close

$ gain/loss

Bought Whitehaven Coal c/f at $2.76

Bought 300 at $2.70

23/12/2021

$6.34

$6.06

-$84.00

Bought Computershare

Bought 120 at $20.50

5/1/2022

$25.41

$25.44

+$3.60

Bought CSL

 

Bought 12 at $260.00

16/2/2022

$296.00

$296.00

Steady

Bought Brainchip

 

Bought 2,000 at 80c

16/6/2022

$1.04c

​​ $1.17

+$260.00

Bought GGUS ETF

 

Bought 100 at $24.00

27/6/2022

$25.00

$25.66

+$66.00

Bought Clinuvel

 

Bought 200 at $16.00

27/6/2022

$18.73

$19.98

+$250.00

Bought Aristocrat Leisure

Bought 100 at $35.60

6/7/2022

$35.32

$34.53

-$79.00

Bought Domino’s Pizza

Bought 40 at $72.00

6/7/2022

$73.88

$71.61

-$90.80

Bought Life360

 

Bought 800 at $3.50

6/7/2022

$4.28

$5.11

+$664.00

Bought Nasdaq ETF

 

Bought 100 at $27.00

7/7/2022

$28.66

$29.23

+$57.00

Bought Pinnacle Investment mgmt.

Bought 300 at $8.20

13/7/2022

$10.07

$10.98

+$273.00

Bought Whitehaven Coal

Bought 300 at $6.00

18/7/2022

$6.34

$6.06

-$84.00

Bought Brainchip

 

Bought 2,000 at $1.08

20/7/2022

$1.04

$1.17

+$260.00

 

 

 

 

 

 

 

Start 2/1/2022

$50,000.00

Open balance

$60,816.85

 

​​ 

 

$60,816.85

 

 

Gains/losses week

+$1,495.80

 

 

 

 

+$1,495.80

 

Current total

$62,312.65​​ 

 

 

 

$62,312.65

Brokerage at

$30 per round turn added when sold.

Buy/ close prices and Margin

$38,227.80

 

 

 

$38,227.80

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

Cash available

$22,490.20

 

 

 

$22,490.20

 

 

 

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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