The local market is edging up from the lows and looks to have spiked higher into the 50 per cent retracement zone in morning trade. Perhaps some retracement to come from here.
We bought Flight Centre and Webjet on news of the borders reopening. Flight Centre hit our first target today and we sold half our position and will use a trailing stop for the remainder.
Not long after we bought Appen we were stopped out of the position.
Macquarie Group posted an excellent update yesterday and we bought a parcel for the educational portfolio today.
G8 Education is very close to a break higher.
South32 looks to be consolidating the recent break higher.
Has Pinnacle looks to have found support as this level.
Red 5 is in the process of starting production at their new mine and is considered undervalued by some analysts and we bought a smallish parcel today.
After posting a decent trading update Imdex is trading close to the bottom of the current range.
Table
Security | Units bought (sold) | Date | Open price/ From last table | Current/close | $ gain/loss |
Bought Stavely Minerals c/f4/1 at 53c | Bought 5,000 at 48c | 27/10/2021 | 50c | 47.5c | -$125.00 |
Bought Whitehaven Coal c/f at $2.76 | Bought 1,000 at $2.70 | 23/12/2021 | $2.75 | $2.91 | +$160.00 |
Bought Brainchip Holdings | Bought 1,000 at 85c | 5/1/2022 | $1.65 | $1.65 | Steady |
Bought Computershare | Bought 120 at $20.50 | 5/1/2022 | $19.76 | $19.93 | +$20.40 |
Bought Credit Corp
| Bought 80 at $35.17 | 19/1/2022 | $34.86 | $32.05 | -$224.80 |
Bought GEAR ETF
| Bought 200 at $23.50 | 28/1/2022 | $24.18 | $25.72 | +$308.00 |
Bought Appen
| Bought 250 at $10.10 | 2/2/2022 | $10.10 | Sold $8.70 | -$380.00 |
Bought Imugene
| Bought 6,000 at 34c | 2/2/2022 | 34c | 30.5c | -$210.00 |
Bought Flight Centre
| Bought 200 at $18.50 | 7/2/2022 | $18.50 | $20.21 | +$342.00 |
Bought Webjet
| Bought 500 at $5.50 | 7/2/2022 | $5.50 | $5.92 | +$210.00 |
|
|
|
|
|
|
Start 2/1/2020 $50,000.00 | Open balance $53,680.60 |
| |
| $53,680.60 |
| Gains/losses week +$100.60 |
|
|
| +$100.60 |
| Current total $53,780.60 |
|
|
| $53,780.60 |
Brokerage at $30 per round turn added when sold. | Buy/ close prices and Margin $26,209.60 |
|
|
| $26,209.60 |
Prices from Wednesday night or 6am for US positions. | Cash available $26,370.60 |
|
|
| $26,370.60
|
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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