The local market could be forming a bearish flag type pattern or an ABC type reversal pattern and could move in either direction. Watching.

We bought and then sold in two lots the BBUS ETF as price rose then subsequently fell.

The price of gold is again testing the resistance zone around $1,950.

Credit Corp moved below our stop level and we sold today.

Goodman Group announced a doubling of profit and we bought a parcel at these levels.

EML Payments may have formed a double bottom type pattern.

BHP looks to be struggling to move above the $50 barrier.

Brainchip Holdings looks to have stabilised in a sideways pattern and we bought some shares for the educational portfolio.

Pilbara Minerals looks to be finding support at these levels and we bought a parcel today.

Syrah looks to be finding support close to the breakout level and we bought some for the educational portfolio today.

A list of companies from the top 300 who made a new 63 day high over the past two days.

Table

Security

Units bought (sold)

Date

Open price/

From last table

Current/close

$ gain/loss

Bought Whitehaven Coal c/f at $2.76

Bought 1,000 at $2.70

23/12/2021

$3.07

$3.38

+$310.00

Bought Brainchip Holdings

Bought 500 at 85c

5/1/2022

$1.19

$1.27

+$40.00

 

Bought Computershare

Bought 120 at $20.50

5/1/2022

$22.18

$21.50

-$81.60

Bought Credit Corp

 

Bought 80 at $35.17

19/1/2022

$31.15

$31.28

+$10.40

Bought Macquarie Group

Bought 10 at $199.00

9/2/2022

$186.00

$183.00

-$30.00

Bought Red5

 

Bought 5,000 at 29.5c

9/2/2022

31c

31c

Steady

Bought CSL

 

Bought 12 at $260.00

16/2/2022

$265.00

$261.00

-$48.00

Bought Platinum Asset Management

Bought 1,000 at $2.55

16/2/2022

$2.58

$2.42

-$160.00

Bought BBUS ETF

 

Bought 400 at $10.12

21/2/2022

$10.39

Sold 200 at $11.00

Sold 200 at $10.20

+$92.00

-$68.00

Bought Northern Star

Bought 400 at $10.00

22/2/2022

$10.20

$10.02

-$72.00

Bought Monadelphous

Bought 300 at $11.00

23/2/22

$11.00

$11.60

+$180.00

 

 

 

 

 

 

 

Start 2/1/2022

$50,000.00

Open balance

$53,445.60

 

​​ 

 

$53,445.60

 

 

Gains/losses week

+$172.80

 

 

 

 

+$172.80

 

Current total

$53,618.40

 

 

 

$53,618.40

Brokerage at

$30 per round turn added when sold.

Buy/ close prices and Margin

$26,118.60

 

 

 

$26,118.60

Prices ​​ from Tuesday night or 6am for US positions.

Cash available

$27,499.80

 

 

 

$27,499.80

 

 

 

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.

 

 

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