Steady state
12.10 pm The index is settling into a bullish groove and has risen 15 points despite NAB's dividend taking almost 5 pts off the ASX 200.
The picture is mixed for both my books with minor net gains. IGO is probably the best looking chart and I've added a couple more at 454 this morning.
In the small cap book, NCZ has disappointed but most have gone ok. I ummed and ahhed about buying WHA yesterday at 210 and chased it up to 220 this morning. I took a quick turn selling half at 238 which is where it sits now.
Cleanteq had a down day yesterday without breaching any lows and is rallying again today. A break of 165 might trigger a run to the highs. Currently 162.
1.32 pm OZL has broken out of it's recent range. Long at 868 with plans to buy more on a decent close.
I bought MMJ a couple of days ago, trying to pre-empt a break of 40. That's happened today and the stock looks promising with a move to the high 40s my target.
3.31 pm I was long some Santos yesterday and they've rolled over today. I've bought and sold and reduced the loss slightly. Meanwhile IGO and OZL are finishing well.
In the small caps, I'm out of the balance of WHA at 239 and I've bought some Kogan at 365 as it makes its first attempt at a rally after the sell off that followed the disclosure of director selling.
4.28 pm Another strong performance from the ASX 200 has me a little nervous for tomorrow. I've trimmed longs but can imagine some end of week selling after the recent gains. It was a good but muted day in both my books with no especially good results but plenty of minor gains.
I've added a large cap long at 587 in TPM. This stock is gathering momentum and the entry was after a high, shallow congestion.
The picture is mixed for both my books with minor net gains. IGO is probably the best looking chart and I've added a couple more at 454 this morning.
1.32 pm OZL has broken out of it's recent range. Long at 868 with plans to buy more on a decent close.
3.31 pm I was long some Santos yesterday and they've rolled over today. I've bought and sold and reduced the loss slightly. Meanwhile IGO and OZL are finishing well.
In the small caps, I'm out of the balance of WHA at 239 and I've bought some Kogan at 365 as it makes its first attempt at a rally after the sell off that followed the disclosure of director selling.
4.28 pm Another strong performance from the ASX 200 has me a little nervous for tomorrow. I've trimmed longs but can imagine some end of week selling after the recent gains. It was a good but muted day in both my books with no especially good results but plenty of minor gains.
I've added a large cap long at 587 in TPM. This stock is gathering momentum and the entry was after a high, shallow congestion.
Comments
Post a Comment