- Joined
- 22 June 2008
- Posts
- 561
- Reactions
- 0
Outstanding Breakout Alerts!
- Thread starter tech/a
- Start date
- Joined
- 23 February 2007
- Posts
- 165
- Reactions
- 0
- Joined
- 25 September 2007
- Posts
- 1,712
- Reactions
- 13
- Joined
- 28 March 2006
- Posts
- 3,554
- Reactions
- 1,283
- Joined
- 27 February 2008
- Posts
- 4,670
- Reactions
- 10
Re: OUTSTANDING BREAKOUT Alerts!!
and now looking like an outstanding prospective short term SHORT
and now looking like an outstanding prospective short term SHORT
skc
Goldmember
- Joined
- 12 August 2008
- Posts
- 8,277
- Reactions
- 329
Re: OUTSTANDING BREAKOUT Alerts!!
1. So we can look for patterns of past breakouts
2. So we can add stock to watch list and potentially trade the pull backs
3. So poster can pad themselves on the back if they got on the breakout
1. So we can look for patterns of past breakouts
2. So we can add stock to watch list and potentially trade the pull backs
3. So poster can pad themselves on the back if they got on the breakout
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,006
Re: OUTSTANDING BREAKOUT Alerts!!
I don't think it was outstanding at the point referenced actually, so it's not a good example of what an outstanding breakout is. Absolutely amazing run from the bottom though.1. So we can look for patterns of past breakouts
2. So we can add stock to watch list and potentially trade the pull backs
3. So poster can pad themselves on the back if they got on the breakout
tech/a
No Ordinary Duck
- Joined
- 14 October 2004
- Posts
- 20,400
- Reactions
- 6,317
Re: OUTSTANDING BREAKOUT Alerts!!
Past breakouts are an integral part of a trading strategy of mine. So they certainly can be very relevant.
But perhaps not in an Outstanding breakout alert.
Question
How do people qualify "their" outstanding breakout alerts?
1. So we can look for patterns of past breakouts
2. So we can add stock to watch list and potentially trade the pull backs
3. So poster can pad themselves on the back if they got on the breakout
Past breakouts are an integral part of a trading strategy of mine. So they certainly can be very relevant.
But perhaps not in an Outstanding breakout alert.
Question
How do people qualify "their" outstanding breakout alerts?
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,006
Re: OUTSTANDING BREAKOUT Alerts!!
What about you tech?
Breakout infers that a stock was trading in a trend. A stock breaks out when that trend is broken. Significant means that the trend is difficult to break, thus inferring that the stock must have bumped up against resistance (or support) several times previously, but failed, and continued along the trend. The more resistance, the more significant the breakout will be. Once that significant trend is clearly broken, on volume, EOD, it's an outstanding breakout.
What about you tech?
- Joined
- 28 March 2006
- Posts
- 3,554
- Reactions
- 1,283
Re: OUTSTANDING BREAKOUT Alerts!!
After 2000 posts on the subject are we getting some rules ?
After 2000 posts on the subject are we getting some rules ?
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,018
- Reactions
- 11,006
Re: OUTSTANDING BREAKOUT Alerts!!
The general idea about what is a trend and breakout has been mentioned previously. Perhaps a consensus definition should be attached to the top of the page.
- Joined
- 28 March 2006
- Posts
- 3,554
- Reactions
- 1,283
Re: OUTSTANDING BREAKOUT Alerts!!
Hi kennas.
I posted two charts in the potential breakout thread last week, BLY at $0.295 and IMD at $0.725, to explain your point can you have a squizzy at those and tell me when they should make the transition from 'potential' to 'outstanding'
Cheers
Hi kennas.
I posted two charts in the potential breakout thread last week, BLY at $0.295 and IMD at $0.725, to explain your point can you have a squizzy at those and tell me when they should make the transition from 'potential' to 'outstanding'
Cheers
- Joined
- 3 July 2009
- Posts
- 56
- Reactions
- 0
Re: OUTSTANDING BREAKOUT Alerts!!
any1 got any views on LNG? Brokers recommending AOE and therefore alot of speculation on AOE, but LNG? there is got to be some sought of rumour out there? any insights?
any1 got any views on LNG? Brokers recommending AOE and therefore alot of speculation on AOE, but LNG? there is got to be some sought of rumour out there? any insights?
- Joined
- 22 June 2008
- Posts
- 561
- Reactions
- 0
Re: OUTSTANDING BREAKOUT Alerts!!
1000% in 3 days.........where's that time machine when you need it
BTW here's a 5 year chart, looks like it's done it before.
cheers
wow do u want to see amazing?
BPH
13* ur money in 3 days
1000% in 3 days.........where's that time machine when you need itBTW here's a 5 year chart, looks like it's done it before.
cheers
Attachments
- Joined
- 28 May 2004
- Posts
- 10,834
- Reactions
- 5,175
Re: OUTSTANDING BREAKOUT Alerts!!
The "Outstanding Breakout Alerts" thread has a policy of no chart, no post. So please be sure to include a chart if you are nominating a stock for this thread. If you don't your post will be removed. Also be sure to include some accompanying commentary detailing the specifics of the breakout, such as resistance levels/volume etc.
For those not familiar with how to post a chart please see this thread: https://www.aussiestockforums.com/forums/showthread.php?t=6530
The "Outstanding Breakout Alerts" thread has a policy of no chart, no post. So please be sure to include a chart if you are nominating a stock for this thread. If you don't your post will be removed. Also be sure to include some accompanying commentary detailing the specifics of the breakout, such as resistance levels/volume etc.
For those not familiar with how to post a chart please see this thread: https://www.aussiestockforums.com/forums/showthread.php?t=6530
Re: OUTSTANDING BREAKOUT Alerts!!
Three of the leading banks all look similar in their breakout patterns
ANZ - Gapped up from a small pennant, has broken previous resistance, highest since June 08, Vol not strong
CBA - Highest since Feb08, 2 day breakout of small pennant, closed on high, Vol increased last 2 days.
NAB - Broken upwards from small ascending triangle, highest since july 08,
Vol not stong
Cheers
Three of the leading banks all look similar in their breakout patterns
ANZ - Gapped up from a small pennant, has broken previous resistance, highest since June 08, Vol not strong
CBA - Highest since Feb08, 2 day breakout of small pennant, closed on high, Vol increased last 2 days.
NAB - Broken upwards from small ascending triangle, highest since july 08,
Vol not stong
Cheers
Attachments
- Joined
- 30 July 2007
- Posts
- 88
- Reactions
- 0
Similar threads
