The local market spiked higher yesterday before closing lower and which could be seen as a sign of weakness.
The price of gold has fallen below a previous support zone, will the next level of possible support hold?
Gold miner Northern Star has fallen through the previously intact trend line and is now testing the 50 per cent level of the range up.
Resimac shares were hammered as the bond yield spiked and has yet to trigger our stop loss.
Reece has popped above previous resistance.
Cooper Energy may again bounce up from previous support.
Fortescue Metals has made a lower top and is yet to make a lower low.
Nine Entertainment has moved up nicely after testing the support zone.
Afterpay has fallen 25 per cent from the top and is at support on the rising trend line. Will it hold again this time?
Ooh Media is making another possible bull flag pattern.
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 | $268.00 | $269.73 | +$17.30 |
Bought Nickel Mines c/fwd 29/12/2020 at $1.14 | Bought 1,900 at 52.5c | 29/4/2020 | $1.46 | $1.42 | -$76.00
|
Bought NDQ ETF c/f $28.07 | Bought 100 at $26.50 | 1/10/2020 | $27.88 | $28.25 | +$37.00 |
Bought Resimac c/f $2.04 | Bought 1,500 at $1.45 | 2/10/2020 | $2.73 | $2.28 | -$675.00 |
Bought Webjet c/f $5.32 | Bought 600 at $3.90 | 4/11/2020 | $4.52 | $5.60 | +$648.00 |
Bought Hearts and Minds c/f $4.36 | Bought 600 at $4.50 | 11/11/2020 | $4.71 | $4.71 | Steady |
Bought Baby Bunting c/f $4.85 | Bought 500 at $4.60 | 17/12/2020 | $5.59 | $5.45 | -$70.00 |
Bought AUDS ETF
| Bought 250 at $11.75 | 7/1/2021 | $12.13 | $11.58 | -$137.50 |
Bought Harvey Norman | Bought 500 at $5.10 | 13/1/2021 | $5.35 | $5.30 | -$25.00 |
Bought Platinum Asset Management | Bought 600 at $4.20 | 31/1/2021 | $4.36 | $4.61 | +$150.00 |
Bought Ardent Leisure | Bought 5,000 at 64c | 23/2/2021 | 65.5 | 59.5 | -$300.00 |
Bought Uniti Group
| Bought 1,300 at $2.15 | 24/2/2021 | $2.15 | $2.23 | +$104.00 |
Sold ASX cfd’s
| Sold 10 ASX cfd’s at 6,800 | 26/2/2021 | 6,800 | Buy 5 1/3 @ 6,700 Buy 5 1/3 @ 6,720 | +$470.00 +$370.00 |
|
|
|
|
|
|
Start 2/1/2020 $50,000.00 | Open balance $51,559.00 |
|
|
| $51,559.00 |
| Gains/losses week +$512.80 |
|
|
| +$512.80 |
| Current total $52,071.80 |
|
|
| $52,071.80 |
Brokerage at $30 per round turn added when sold. | Less buy/ close prices and Margin $35,189.50 |
|
|
| $35,189.50 |
Prices from Tuesday night or 6am for US positions. | Cash available $18,441.20 |
|
|
| $18,441.20
|
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.
Monitor, measure, manage and maximise… Cheers Charlie.
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