The local market retraced back close to the breakout level over five days and has dropped all of those points in just the past two sessions indicating that this is a weak market.
We managed to sell some ASX 200 cfd’s after price hit the upside target first and then went on to fall through the trend line support. We closed out half that position when it hit our initial profit target this morning.
We bought some Woodside Petroleum after price moved out of the triangular formation.
We were stopped out of Telix.
We bought Tyro Payments after it made a new high and it is now back down close to our stop loss level, ouch!
On a weekly chart Flight Centre looks like it has some room to move.
Computershare has moved up out of some recent congestion.
Paradigm looks close to breaking out of the down trend channel.
Senex Energy recently moved out of some sideways congestion.
Origin Energy has popped above resistance.
Whitehaven Coal has been on a good run recently and has now retraced fifty per cent of the run down.
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 | $310.38 | $294.47 | -$159.10 |
Bought NDQ ETF c/f $28.07 | Bought 100 at $26.50 | 1/10/2020 | $33.10 | $33.16 | +$6.00 |
Bought Resimac c/f $2.04 | Bought 1,500 at $1.45 | 2/10/2020 | $2.11 | $2.13 | +$30.00 |
Bought Webjet
| Bought 500 at $5.20 | 2/6/2021 | $5.95 | $6.43 | +$240.00 |
Bought Whitehaven Coal | Bought 1,500 at $1.90 | 9/6/2021 | $2.85 | $3.27 | +$630.00 |
Bought Resolute Mining | Bought 2,500 at 58c | 7/7/2021 | 40.5 | 39.5 | -$25.00 |
Bought Audinate
| Bought 300 at $8.90 | 9/7/2021 | $10.08 | $10.12 | +$12.00 |
Bought Life 360
| Bought 300 at $8.25 | 11/8/2021 | $9.14 | $9.03 | -$33.00 |
Bought Atomos
| Bought 2,000 at $1.32 | 19/8/2021 | $1.52 | $1.56 | +$80.00 |
Bought Telix
| Bought 400 at $6.60 | 19/8/2021 | $6.97 | Stopped 23/9 at $6.00 | -$418.00 |
Bought Redbubble
| Bought 700 at $3.70 | 19/8/2021 | $4.00 | $4.55 | +$385.00 |
Bought Flight Centre
| Bought 150 at $15.90 | 25/8/2021 | $18.64 | $21.50 | +$429.00 |
Bought Ioneer
| Bought 5,000 at 56c | 2/9/2021 | 63.5 | 63.5 | Steady |
Bought BBOZ ETF
| Bought 1,000 at $4.30 | 9/9/2021 | $4.51 | $4.50 | -$10.00 |
Bought Pilbara Minerals | Bought 500 at $2.26 | 14/9/2021 | $2.09 | $2.06 | -$15.00 |
Bought Tyro Payments | Bought 600 at $4.10 | 23/9/2021 | $4.10 | $4.12 | +$12.00 |
Bought Woodside Petroleum | Bought 100 at $23.00 | 27/9/2021 | $23.00 | $24.03 | +$103.00 |
Sold 6 ASX 200 cfd’s
| Sold 6 at 7,345 | 28/9 2021 | 7,345 | 7,275 | +$420.00 |
|
|
|
|
|
|
Start 2/1/2020 $50,000.00 | Open balance $60,843.40 |
|
|
| $60,843.40 |
| Gains/losses week +$1,686.90 |
|
|
| +$1,686.90 |
| Current total $62,530.30 |
|
|
| $62,530.30 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $55,485.70 |
|
|
| $55,485.70 |
Prices from Wednesday night or 6am for US positions. | Cash available $13,130.00 |
|
|
| $13,130.00
|
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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