Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

IMF have had some positive announcements around litigation and agreements around bad debtors of late, the chart speaks for itself however.
 

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Re: POTENTIAL BREAKOUT Alerts

well my overall economic bias is down but im not particularly glued to that bias...

but apart from that I typically would play the break of the upward trendline, as I give more weight to horizontal S+R, but if it broke through the top resistance I'd usually wait for it to break and retest before going long, I probably in the wrong thread as I dont typically take breakouts but wait for them to break then retest

That`s a good point with horizontal s&r. It does pay to extend the chart range back a little further.
 
Re: POTENTIAL BREAKOUT Alerts

Is it just me, or are mineral sands companies generally not worth bothering with?

DRX has some good assets but no one seems to be interested.

Weekly chart shown.



I think DRX could be a potential breakout soon above 17c.

17 now, re test of 16c support once and could be off

worth watching


dont hold.
 
Re: POTENTIAL BREAKOUT Alerts

hmmm, DRX cap raaising came out at 12.2c!

robbery,

hit an 18c high today, but after halt lifted, fell to 15c.




disregard post above as it will need to break 16c again.
 
Re: POTENTIAL BREAKOUT Alerts

Waiting for this consolidation stage to wind up. Divergence on the stochastic and decreasing volume.
 

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Re: POTENTIAL BREAKOUT Alerts

MEL - Metgasco

breakout at 45c/ downtrend broken

substanial new buyer in at 46.5

up 7% today on highest volume for a few months






any comments welcome


there she blow today + 40% at top...68c

confirmation at 60c? and off again - I hope!
 
Re: POTENTIAL BREAKOUT Alerts

Cloud9: You need to post a chart if you are going to nominate a stock for this thread.
 
Re: POTENTIAL BREAKOUT Alerts

WOR seems to be at the end of an ascending triangle but volume doesn't seem exciting. Not sure about fundamentals too, any opinion?
 

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Re: POTENTIAL BREAKOUT Alerts

Very Nice JG
Very aggressive trading.
I can associate with it.
 
Re: POTENTIAL BREAKOUT Alerts

Potentially some potential with associated increased volume on ACR...

(click to expand)
 

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Re: POTENTIAL BREAKOUT Alerts

Potentially some potential with associated increased volume on ACR...

(click to expand)

Share price up the last couple of days from news of positive phase III trials of their testosterone spray of course.
 
Re: POTENTIAL BREAKOUT Alerts

CUV (Clinuvel)

Cashed up bio, with plenty of nerd conferences comming up.

Dont have time sorry go give a complete run down on the co.

sp has moved toward the upper bolly band.

Over the last few weeks the sp looked to be getting sold off...well seller appears to have gone. Now we have some bigger buy orders coming in as well as a bot buying lately.

Chart hasn't updated yet, but should look good by the end of the day imo.

Expect strong resistance at 40c though.
 

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Re: POTENTIAL BREAKOUT Alerts

look at CAH and read its last few CAs to ASX
it has secured a Hedge of OZ$1557/oz over 350000+ounces.
this is serious stuff.
some major suit signed a $500,000,000++contract at==US$1350++??
and he had to deem it 'in the money' or CAH couln't have afforded it -
on a loan of about OZ$70m

this goes well beyond CAH
gold only goes up when brown rain falls

I own CAHO & CAHOB, but not actual stock
trust this isn't too-much of a pump
 
Re: POTENTIAL BREAKOUT Alerts

look at CAH and read its last few CAs to ASX
it has secured a Hedge of OZ$1557/oz over 350000+ounces.
this is serious stuff.
some major suit signed a $500,000,000++contract at==US$1350++??
and he had to deem it 'in the money' or CAH couln't have afforded it -
on a loan of about OZ$70m

this goes well beyond CAH
gold only goes up when brown rain falls

I own CAHO & CAHOB, but not actual stock
trust this isn't too-much of a pump

Scar,

Please note that all posts in this thread that nominate a stock as a "potential breakout" must also include a chart that illustrates why they believe the stock may break out. If there is no accompanying commentary on the chart itself then this must be included in the post.

In this instance I have added the chart for you.
 

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Re: POTENTIAL BREAKOUT Alerts

OZL closed at a new high since the crash today, breaking through resistance at $1.20. This should trigger some alerts tonight and run again tomorrow, I like a nice tight stop around 1.16.

In the auction at the close the stock price moved up 3 ticks thanks to a late volume rush.
 

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Re: POTENTIAL BREAKOUT Alerts

TSI broke out after a fairly long downtrend:
 

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