Outstanding Breakout Alerts!

[aus_trader]

Couple of breakouts came into view as I was reviewing my stocks and others monitored in watchlists, so I will disclose those I hold...

A2B:

Disclosure: held in the Speculative Stock Portfolio.

Also a couple of food production stocks got noticed also, of which CGC is held.

BGA:


CGC:

Disclosure: held in the Speculative Stock Portfolio.

 

[Telamelo]

IMM "5-day moving average is above the 50-day moving average and the 20-day moving average is rising. This is very bullish and means that investors see opportunity in this stock".

IMM appeared on my scans this morning +12% on big volume already... chart seems to suggest a breakout @ 0.20c happening as we speak imo

Please DYOR as always .. Cheers tela

 

[fergee]

Micro cap goldie ORA looking like its breaking out today on the daily on very nice volume. Be interesting to see how it closes for the week

 

[fergee]

MYL has made a beak out on the monthly chart. Looks like it might try and retest the breakout line while waiting for the next move up in silver.
Note: HUGE multi year inverse head and shoulders in play too.

 

[Telamelo]

AVH seems a good looking bullish chart in crossing above $7.50 on very good volume/momentum etc.

" 5-day moving average is above both the 20 and 50-day moving averages. This is bullish and means that investors see opportunity in this stock ".

AVH Share Technical Analysis | Avita Medical Ltd

Current Technical Analysis and interactive chart for $AVH stock / shares. See the current trading strategy, trend(s), rating and buy and sell signals.

asx.swingtradebot.com

Cheers tela

Unsure how to upload/share chart - so perhaps someone can help me out with doing so thanks.

Please DYOR .. Cheers tela

 

[wabullfrog]

Andromeda on the move

 

[Telamelo]

Andromeda on the move

View attachment 109159

MEP watchlist 'breakout alert' above 5c level on big volume +12% already (bullish chart looks a ripper imo)

Please DYOR .. Cheers tela

 

[aus_trader]

Unsure how to upload/share chart - so perhaps someone can help me out with doing so thanks.

You don't have to upload and go to all that trouble. Just copy and paste it, that's more easy.

If you can see the chart you can paste it here on ASF, here's how to do it:

• Where you are looking at the chart, say at your stockbroker or charting software, hit "Print Screen" key on your keyboard.
• Go to your favourite image editor such as "Paint" and click paste or CTRL+V
• Edit it the way you want with lines and text and select the graph section you want and press copy or CTRL+C
• Then you can paste it in here on any thread with CTRL+V along with your message

 

[finicky]

Urbanise (UBN)
Something about cloud hosted software for managing strata title apartments and what not. Don't understand it but Claude Walker's been talking about it for a while. Doubt he'd consider it a buy after this spike though.

 

[Knobby22]

I'm going to call up BFG just on latest fundamentals. It will move up or I am a monkeys uncle.

 

[finicky]

Lasebond (LBL)
Great little innovative (continual R&D) Australian industrial company.
Pop might be a delayed reaction to Sept 9 presentation to Small Caps conference.
Recently has expanded into Melbourne via acquisition of long established engineering company and will graft Laserbond's technology onto the ongoing traditional business.
Expects strong revenue growth fy21, fy22. - fy20 was flat.

Not Held
Intend to buy sometime

 

[aus_trader]

I have noticed some rallies have already happened in Rare Earth stocks, many with Break Outs already. I will be turning every rock that I could see scattered in that sector from the big fella Lynas Corporation Ltd (LYC) to some of the micro caps that are listed. Will report back if there is anything I find worthwhile taking a position on...

Noticed a few small caps having some breakouts also, there's too many in this space with many mining specs breaking out by the dozen. Example of one I noticed that is breaking through short term levels and heading towards major resistance level:

TNY:

 

[barney]

I have noticed some rallies have already happened in Rare Earth stocks, many with Break Outs already. I will be turning every rock that I could see scattered in that sector from the big fella Lynas Corporation Ltd (LYC) to some of the micro caps that are listed.

Hey Aus ..... No secret I hold a lot of VML (Rare Earths Spec) If you haven't looked at them, you will find that the majority of their Board are all ex-Lynas .... If you like the rare earth space, they are definitely worth a look.

Accumulating on pullbacks has generally been the best trading option with VML but I suspect the pullbacks might be harder to time over the next few months. All my opinion of course, and I could be totally wrong

 

[aus_trader]

Hey Aus ..... No secret I hold a lot of VML (Rare Earths Spec) If you haven't looked at them, you will find that the majority of their Board are all ex-Lynas .... If you like the rare earth space, they are definitely worth a look.

Accumulating on pullbacks has generally been the best trading option with VML but I suspect the pullbacks might be harder to time over the next few months. All my opinion of course, and I could be totally wrong

Thanks Barnz, I'll include it in my research. I don't know much about them. Since you seem to have done some background checking, do you know of any of the following info:

- Do they have a Rare Earth (RE) asset already discovered i.e. a deposit ? If not what's their prospects like, are they on tenements with great potential ?

- Cash in the kitty and cash burn. How much is in the balance sheet and how much are they burning through per quarter ? This is important information to know if a capital raise is due. If so, I prefer to wait as there is usually a pump before a capital raise

- Any other projects or assets such as Joint Ventures etc ?

- You've mentioned management as mostly ex Lynas, so that's a tick

I am looking for small cap RE players with great assets or potential that has not had the share price shot out from a cannon recently. So back to pen and notepad... ✍

 

[barney]

Thanks Barnz, I'll include it in my research. I don't know much about them. Since you seem to have done some background checking, do you know of any of the following info:

Auz ... I would never try to sway another punter to buy anything in case it failed, but have a listen to VML's MD Geoff Atkins in this short webcast.

These guys are about making money for the Company and Shareholders (ie themselves and anyone else in for the ride) . They have a different approach on how to achieve this compared to most R/E Co's, but given they all worked for Lynas, I'm of the opinion they know what they are trying to do.

I like their approach; maybe others won't. Everyone has to do their own due diligence and decide. Cheers.

 

[aus_trader]

Auz ... I would never try to sway another punter to buy anything in case it failed, but have a listen to VML's MD Geoff Atkins in this short webcast.

These guys are about making money for the Company and Shareholders (ie themselves and anyone else in for the ride) . They have a different approach on how to achieve this compared to most R/E Co's, but given they all worked for Lynas, I'm of the opinion they know what they are trying to do.

I like their approach; maybe others won't. Everyone has to do their own due diligence and decide. Cheers.

Thanks mate, I'll take all that on board with my own research.

Not to worry, I never point the finger at or whine and blame others for investing errors/blunders I make. I am responsible for making the final decision to purchase and it's my fault if I haven't done my own due diligence.

 

[Dona Ferentes]

I have noticed some rallies have already happened in Rare Earth stocks, many with Break Outs already. I will be turning every rock that I could see scattered in that sector from the big fella Lynas Corporation Ltd (LYC) to some of the micro caps that are listed. Will report back if there is anything I find worthwhile taking a position on...

I await with bated breath. Actually, that is pointless exercise, as Rare Earths are running. Again. Oh how i do remember the 2011 hype. This time, will it be real? Possibly not because only a few will be winners. There is a prize for some outfit that gets it through, though.
LYC flat. ASM up 10%, PM8 up again; VML holding its highs; HAS up; who else is there? NTU?

when this all revved up again, saner heads prevailed:

...extracting the rare earth elements from their host rock is chemically complex and expensive, requiring large quantities of energy, water and acid, often leaving radioactive waste. There are about a half-dozen listed companies with Australian rare earth deposits while several more Australian miners have promising prospects in other parts of the world. All are trying to secure the funding for their developments and tie down prospective customers in firm contracts.
All spin the same stories of an outlook of booming demand as electric cars take off and wind power supplies a rising share of global energy. Several are making progress, although sales deals tend to be more statements of intent rather than contracts. None appears close to gaining funding for the full development, which would be in the $500m to $1bn range...

read the conditionality in the NTU blurb : " an exploration company with the core focus on the construction and operation of a pilot scale project aimed at assessing the technical and economic feasibility of a fullscale commercial operation at its Browns Range Pilot Plant Project."

 

[barney]

VML holding its highs;

VML is a major part of my retirement plan ... if I live long enough to retire!

 

[aus_trader]

I await with bated breath. Actually, that is pointless exercise, as Rare Earths are running. Again. Oh how i do remember the 2011 hype. This time, will it be real? Possibly not because only a few will be winners. There is a prize for some outfit that gets it through, though.
LYC flat. ASM up 10%, PM8 up again; VML holding its highs; HAS up; who else is there? NTU?

Spot on DF, I am thinking along the same lines. That's why I am not going to chase behind any stocks that are rocketing up, have been burnt too often.

I may buy a small position for the long term if @barney 's VML stock pulls back. It's very much in the volatile penny stock category for me so I can't trade in and out of it in my spec portfolio at this stage. Will have to think along the lines of putting around the minimum quantity and sitting on it for a long time hoping:
(1) RE's will become hotter than Iron Ore at the moment
(2) VML will execute it's plans and become something really big
as Barney is also hoping.

You've covered all the stocks that I am looking at and doing some digging on... Surprisingly I also found that the list is small compared to RE fever period you mentioned when dozens of RE hopefuls were littered throughout the asx. So there may be something worth trading when I have looked at the pros and cons of each stock in the sector...

 

[barney]

VML stock pulls back.

Yeah good luck if you do end up snapping a few up Aus.

I actually had another top up order a few days ago and just missed 016 by a whisker ..... I already own half a boot load so I didnt really need any more but I liked the price action so in for a penny etc It moved straight to 018 so no complaints, but totally agree ... chasing Specs can be very costly