tradersams blog

So todays been a good day on the ASX with a bonza climb – but not across my portfolio.  I’ve had a good run with a portfolio largely outside the ASX300.  Looking at the results today, I don’t know what sector went up – anyway, that’s for research after this posting.

BRU:  I opened a position today in Buru Energy under SystemB and the share seems to have had a good day.  Clearly looking for an increase from the recent 50% retracement.  The entry price was $3.11 as a CFD entry.

The share ahs had a good run over the last few months, climbing from 50c to about $3.80 oevr 6 months.  I had a short dabble recently (as you can see in the diagram) but got stopped out quite quickly on a profit stop.  This time I am giving it a bit more room to move.

LMC:  On top of that, the LMC order I placed the other day had a second fill, so my position is now fully open.