The local market looks to have stalled after making a little progress after the last break up in price where we exited for a small profit, watching.
A longer-term monthly chart shows the slow progress towards fresh highs.
This chart of the US S@P 500 index shows the continuing downtrend.
This chart shows an interesting but technically meaningless correlation to 2008. Everyone is expecting a recession but will it eventuate?
Wesfarmers looks close to moving higher
Fisher and Paykel moved sharply higher above the resistance zone.
Graincorp is still trading sideways
One time high flyer City Chic shows the big fall from grace
Brainchip could be forming an ABC type pattern.
Dicker Data has moved above the down trend line and an ABC type pattern could give an entry point, watching.
Table
Security | Units bought (sold) | Date | Open price/ From last table | Current/close | $ gain/loss |
Bought Computershare | Bought 120 at $20.50 | 5/1/2022 | $27.78 | $27.66 | +$14.40 |
Bought CSL
| Bought 12 at $260.00 | 16/2/2022 | $297.00 | $302.00 | +$60.00 |
Bought Aristocrat Leisure | Bought 100 at $35.60 | 6/7/2022 | $35.77 | $35.50 | -$27.00 |
Bought Australian Vanadium | Bought 25,000 at 0.05 | 10/8/2022 | 0.02c | Sold 23/11 at .027 | +$145.00 |
Bought Stavely Minerals | Bought 10,000 at 18c | 10/8/2022 | 17c | 18.5c | +$150.00 |
Buy GEAR ETF
| Bought 200 at $20.20 | 4/10/2022 | $25.13 | $25.64 | +$102.00 |
Buy Red 5
| Bought 10,000 at 17c | 4/10/2022 | 16 | 17 | +$100.00 |
Buy IDP Education
| Bought 100 at $28.50 | 5/10/2022 | $30.05 | $29.45 | -$60.00 |
Buy State Gas
| Bought 5,000 at 42c | 10/10/2022 | 31c | 28c | -$150.00 |
Buy Pinnacle Invest. Management | Bought 200 @ $8.76 | 14/10/2022 | $9.20 | $8.94 | -$52.00 |
Buy Life360
| Bought 500 at $6.00 | 18/10/2022 | $6.44 | $6.05 | -$195.00 |
Buy Aussie Broadband | Bought 1,000 at $2.25 | 19/10/2022 | $2.56 | $2.64 | +$80.00 |
Buy L1 Long-Short fund | Bought 1,000 at $2.47 | 19/10/2000 | $2.68 | $2.63 | -$50.00 |
Buy Syrah
| Bought 1,000 at $2.35 | 28/10/2022 | $2.35 | $2.36 | +$10.00 |
Buy Pinnacle invest Management | Bought 300 at $8.40 | 4/11/2022 | $9.20 | $8.94 | -$78.00 |
Buy Evolution Mining
| Bought 1,000 at $2.30 | 9/11/2022 | $2.51 | $2.67 | +$160.00 |
Bought 4 ASX 200 cfd’s | Bought 4 at 7,370 | 22/11/2022 | 7,370 | Sold 4 28/11 at 7,410 | +$130.00 |
Bought Supply Network | Bought 200 at $11.60 | 23/11/2022 | $11.60 | $12.97 | +$274.00 |
|
|
|
|
|
|
Start 2/1/2022 $50,000.00 | Open balance $68,058.15 |
| |
| $68,058.15 |
| Gains/losses week +$713.40 |
|
|
| +$713.40 |
| Current total $68,771.55 |
|
|
| $68,771.55 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $44,605.00 |
|
|
| $44,605.00 |
Prices from Wednesday night or 6am for US positions. | Cash available $22,280.80 |
|
|
| $22,280.80
|
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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