The local market is treading water for now after retracing back to the August highs. The index could be forming a bullish flag pattern. Watching.

The price of gold has moved above the down trend line and a nice ABC pattern could give traders an effective entry.

Whitehaven Coal on a log scale chart shows the uptrend still intact.

Whitehaven Coal on an arithmetic chart showing price fell below two possible support levels and we exited our remaining position.

Evolution Mining has bounced nicely off a longer-term support and resistance zone. It may take a while to move above the next line of resistance, or not?

Dicker Data is holding steady near the lows.

Treasury Wine could benefit from a thaw in Chinese tariffs.

AMA Group looks to be forming a bottoming pattern

AMP has just made a fresh high after breaching resistance.

Red5 is trading near two-year lows.

Commonwealth Bank is close to all-time highs.

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 | $9.41 | Stopped $8.50 | -$303.00 |
Bought Computershare | Bought 120 at $20.50 | 5/1/2022 | $25.86 | $26.20 | +$40.80 |
Bought CSL
| Bought 12 at $260.00 | 16/2/2022 | $280.00 | $290.00 | +$120.00 |
Bought Aristocrat Leisure | Bought 100 at $35.60 | 6/7/2022 | $36.97 | $37.88 | +$91.00 |
Bought Australian Vanadium | Bought 25,000 at 0.05 | 10/8/2022 | 0.03c | .03 | Steady |
Bought Stavely Minerals | Bought 10,000 at 18c | 10/8/2022 | 14c | 16c | +$200.00 |
Buy GEAR ETF
| Bought 200 at $20.20 | 4/10/2022 | $23.19 | $24.72 | +$306.00 |
Buy Red 5
| Bought 10,000 at 17c | 4/10/2022 | 16 | 18 | +$200.00 |
Buy IDP Education
| Bought 100 at $28.50 | 5/10/2022 | $29.11 | $29.88 | +$77.00 |
Buy State Gas
| Bought 5,000 at 42c | 10/10/2022 | 37c | 33c | -$200.00 |
Buy Pinnacle Invest. Management | Bought 200 @ $8.76 | 14/10/2022 | $8.17 | $9.50 | +$266.00 |
Buy Life360
| Bought 500 at $6.00 | 18/10/2022 | $6.48 | $7.16 | +$340.00 |
Buy Aussie Broadband | Bought 1,000 at $2.25 | 19/10/2022 | $2.47 | $2.49 | +$20.00 |
Buy L1 Long-Short fund | Bought 1,000 at $2.47 | 19/10/2000 | $2.56 | $2.60 | +$40.00 |
Buy Syrah
| Bought 1,000 at $2.35 | 28/10/2022 | $2.58 | $2.55 | -$30.00 |
Buy Pinnacle invest Management | Bought 300 at $8.40 | 4/11/2022 | $8.17 | $9.50 | +$266.00 |
Buy Evolution Mining
| Bought 1,000 at $2.30 | 9/11/2022 | $2.30 | $2.67 | +$370.00 |
|
|
|
|
|
|
Start 2/1/2022 $50,000.00 | Open balance $67,276.75 |
| |
| $67,276.75 |
| Gains/losses week +$1,809.80 |
|
|
| +$1,809.80 |
| Current total $69,086.55 |
|
|
| $69,086.55 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $43,934.00 |
|
|
| $43,934.00 |
Prices from Wednesday night or 6am for US positions. | Cash available $23,795.80 |
|
|
| $23,795.80
|
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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