Outstanding Breakout Alerts!

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

BCI USA and FRS are stand outs some charts and discussion here.

https://www.aussiestockforums.com/forums/showthread.php?t=20906&page=5

 

[Chief Wigam]

Re: OUTSTANDING BREAKOUT Alerts!!

OEX has gapped up today above recent price range, on news of shale gas in India

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

2 nice set ups of about 15 scan results.
I expect some inside days here so would watch for a better
timed entry. Can run through this if people want.Will do it live.
Over the next couple of days as it unfolds.

 

[mr. jeff]

Re: OUTSTANDING BREAKOUT Alerts!!

MMR seems to up and running with a news release today stating that there is an:

Second Independent report finds PEP11 New Seaclem-1 Well Gas “Highly Likely”

MEC investee company, Advent Energy Ltd (“Advent”) is pleased to advise that it has received and reviewed
a report from global geoscientific and environmental consultants RPS Group (RPS) describing gas as “highly
likely “at the target drilling depths for the New Seaclem-1Well.
The New Seaclem-1 proposed drilling location is 55km east of Newcastle, NSW, and is designed to target
the Great White & Marlin prospects in PEP11.
The report from RPS covers the nature of the expected drilling
conditions for the top hole section of the New Seaclem-1 well.
RPS has reviewed each geological horizon in the seismic profile at the New Seaclem-1 proposed drilling site.
It concludes that in sediments from 471 to 605 metres below sea level that gas is expected to be
encountered......

 

[hobo-jo]

Re: OUTSTANDING BREAKOUT Alerts!!

NWR has broken out after a long period of consolidation in advance of results expected from a 7000m drilling program:

 

[Whiskers]

Re: OUTSTANDING BREAKOUT Alerts!!

Now this is surely a standout alert. Someone clearly got some inside information from the volume before the trading hault.

I missed the damn thing from the low around 4c, but hopefully I can make up for it this time. I got a few the other day at 12c.

 

[exgeo]

Re: OUTSTANDING BREAKOUT Alerts!!

Guess INQ now qualifies as an Outstanding. Still 10x as many buyers as sellers at the mo. Management team is the same as former IWL (taken over by CBA a few years ago).

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

Guess INQ now qualifies as an Outstanding. Still 10x as many buyers as sellers at the mo. Management team is the same as former IWL (taken over by CBA a few years ago).

Like the current level of low volume rise in price.
Thanks hadnt seen that.

 

[zzaaxxss3401]

Re: OUTSTANDING BREAKOUT Alerts!!

Very green at this sort of thing... but had a play with Incredible Charts this morning and put through PRR. It was listed as a Potential Break-Out Alert in late October, but didn't eventuate. A wedge has been forming and broke out yesterday. Is someone able to advise, if I'm on the right track with my chart below?

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

NCR is also worth a look seems to be forming a cup and handle.

Click To Expand.

My Xmas gift to all!

 

[Chief Wigam]

Re: OUTSTANDING BREAKOUT Alerts!!

Maverick, code MAD, has broken on all time high..

It was only a matter of time as this company is making real money and have so far delivered on all their targets. Unlike a lot of companies out there drilling.

 

[ubtheboss]

Re: OUTSTANDING BREAKOUT Alerts!!

Very green at this sort of thing... but had a play with Incredible Charts this morning and put through PRR. It was listed as a Potential Break-Out Alert in late October, but didn't eventuate. A wedge has been forming and broke out yesterday. Is someone able to advise, if I'm on the right track with my chart below?

Turns out you were just a touch premature with that one but not by much. PRR is on tear now! Hold on for a ride!

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

YTC going Well
BTA Nice.

Now this one!!

 

[hobo-jo]

Re: OUTSTANDING BREAKOUT Alerts!!

Breakout by MSR to new all time highs, on good volume. Whether it holds with current Gold weakness is another question... but there are not many sellers. At one point today there was fewer than a couple of hundred thousand available on the sell side.

 

[sammy84]

Re: OUTSTANDING BREAKOUT Alerts!!

YTC going Well
BTA Nice.

Now this one!!

View attachment 40831

Tech

Curious how you handle trading a stock like BKP. It was a nice breakout, and now is undergoing a healthy retrace on lower volume. Nevertheless, given its low value, every tick equates to a 5% move. Where I would realistically place a stop for this trade would be around 45% below, which just kills my position sizing.

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

I'm out of BKP.
Pivoy Point reversal on 14/1 sold on close.
I always sell a PP reversal regardless of where the stock is in a trade.

As for position sizing if its too far away I wont take the trade.
I can be very agressive with position sizing if I think its going to fly.
Ill Halve the Risk amount and move the stop to a previous high to act as support OR half the range of the breakout bar.

Creative maximizing of position sizing but at the same time aggressive management can be profitable---but dont forget to manage the position!!!
I alter stops at open/11 am and close--- if required.

I always place orders with bracket orders and just alter the stop.
If something is not performing Ill place the stop at 1 tick below current and the Limit at 1 tick above and wait until taken out. 2 moved on today.

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

The goal is to get on runners as early as possible ---add when appropriate---be ruthless in cutting no performers loose and reluctant to close those performing.

 

[Boggo]

Re: OUTSTANDING BREAKOUT Alerts!!

Along similiar lines to tech/a especially after a steep run up I am always ready to bail out.
Did the same with USA, and re-entered on the bounce off 50% retracement.

Out of GXY today in profit when it broke yesterday's low.
(buyers seem to be coming in around 1.72 to 1.73 area now though)

It may come down and close the gap around 1.65 which is within 1c of a 38% retracement.

Just my

(click to expand)

 

[breaker]

Re: OUTSTANDING BREAKOUT Alerts!!

tech/a ....BKP showing a rising three and didnt close below dominant green candle.... might reverse

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

tech/a ....BKP showing a rising three and didnt close below dominant green candle.... might reverse

Ill suggest sideways.