Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

I should add here for anyone on the look out that ARU - Arufura Resources is still going very strongly and seems to have volume on its side still.
IT doesn't seem to be riding announcements so much as the general hype at the moment for REE.
 
Re: OUTSTANDING BREAKOUT Alerts!!

I think it's probably time for a reminder that all posts in this thread that nominate a stock as an "Outstanding Breakout" must include a chart. There should also be a sentence or two that interprets the chart from the poster's perspective.

Posts that just nominate a stock will probably be removed.
 
Re: OUTSTANDING BREAKOUT Alerts!!

I got on IAU after it broke through 80cents at the start of September (only paper trading). Sensational trend. Getting close to the $1.80 mark, and it was hovering around the $0.30 mark 6 months ago.
Using a 6 day trailing stop.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Apologies for that. HEre is a chart highlighting ARU breakout.
Very clean at the momemt except for the gapping, moving well, with good increasing volume.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

A slightly diff. type of stock, but still a proper breakout, is IPL.
Note the lack of serious volume which does raise questions.
IPL has been forging ahead lately, there has been takeover murmurings and also due to grain shortages a suggestion that fert prices are going to rush up.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

I reckon Bendigo Mining has a spot here. Seems like the market liked the failed merger between BDG and BCD. Maybe the threat of a possible dilution and uncertainty has been averted.....
 

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Re: OUTSTANDING BREAKOUT Alerts!!

I've been watching (and holding) ESSA (ESS) for a while now. Continuing to buy at these low levels. I'm happy now, to reveal what I feel is a strong breakout.

5082635849_defa961d05_o.jpg
 
Re: OUTSTANDING BREAKOUT Alerts!!

KOR.AX recently had a superb breakout on an announcement regarding rare earths at "Rum Jungle".
The market responded very well on Friday 15th October and Monday 18th October making gains of 86.67% on Friday and 60.71% today
http://www.asx.com.au/asxpdf/20101015/pdf/31t48503ph4fr1.pdf
Is it just me or does a "rum jungle sound like an exotic alcoholic drink lolz
Any how here is a chart to see what a real breakout looks like :)
kor.JPG
DYOR
 
Re: OUTSTANDING BREAKOUT Alerts!!

Have a look at PEN, looks very promising. A director has also recently been buying up./
 

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Re: OUTSTANDING BREAKOUT Alerts!!

My favourite/most consistent signal is also kinda like a breakout. Its indicated on my chart with the green tick:

Its a little enlarged so looks kinda corny. As you can kinda tell, i cant stand boring black and white charts haha :)
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Classic.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Having intraday charts can be helpful with scan capability.
It can get you on on the day of the breakout rather than next day when some gap up.

Today SHE has popped up.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

AGO has broken out today. It broke out of a base, then retraced a little now has broken out on good volume.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Exco Resources Ltd.......EXS

This is the first time I have posted in this thread, and also the first time I have posted a chart, hope it works.
I'm not a chartist, but it looks good to me.
Thoughts anyone ?? post in the EXS thread.

Exco have a number of Drilling & Further exploration reports due & a final decision on the CCP around the end of the year.
Much higher volume on Friday 06/11/2010
 

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Re: OUTSTANDING BREAKOUT Alerts!!

SHE
Treading water some selling over 12c
AGO
Went on with it but getting strong supply as it nears an old top.
EXS
Strong selling forcing price lower on Friday at the most recent high--needs to see supply diminish and buyers take control---a bit early.

Finally I think a wet track wont suit many of these runners and would wait for a better draw.!!!!
 
Re: OUTSTANDING BREAKOUT Alerts!!

Re EXS: Jako IMO its ready to explode. An announcement of some recent drilling results will start the ball rolling and then once the decision on their CCP is made, buckle up and enjoy the ride. Don't forget just over a week ago they were named Qld Explorer of the year.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Re EXS: Jako IMO its ready to explode. An announcement of some recent drilling results will start the ball rolling and then once the decision on their CCP is made, buckle up and enjoy the ride. Don't forget just over a week ago they were named Qld Explorer of the year.

That's a very bullish assessment on a chart that has not broken out anywhere yet, not saying it won't, but if history is any guide EXS tends to chop around a lot, and stays in a consolidation pattern for long periods of time...
So tend to agree with Tech's view above, it's too early to make a call.
Fridays candle doesn't give a lot of confidence, that's just my opinion though , and have been wrong now and then...
 
Re: OUTSTANDING BREAKOUT Alerts!!

Have a look at SDL today. Breaking past resistance line on higher than average volume.
 

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