Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

This is a textbook breakout, consolidate and run again chart.

BAU initially ran hard from 17c to 39c before setting up a tidy retracement back to 24c, it then bounced hard and broken out of this consolidation at 26c on big volume. It has since formed a nice tight triangle between 28c and 25.5c, we are now getting down to the pointy end of the triangle, with a strong move imminent. The first target is the previous run (39-17=22c) added onto the breakout point 26c, giving a nice target of 48c.

There are also several positive indicators adding to the strength of this chart. MACD, moving av, volume.

I wish i could post this chart, as it really is a beauty.

Good luck all.

Welcome tt1, great first post. I like the look of that one, and have just jumped in with a trade today at 0.27
 
Re: OUTSTANDING BREAKOUT Alerts!!

BOD - BioDM. Is this not a breakout?

BOD_20110211ytd.gif


On the fundamental side, stock is now in a trading halt, with news of a "potential transaction", and a resumption of trade due by opening bell tomorrow (Monday 14th).

Wise heads caution that resumption of trade could see a sell-on-the-fact, given that we've seen quite a bit of buy-on-the-rumour.

Discl: hold BOD and BODOA
Discl: have tipped BOD in the February tipping comp. (and also in January: I won :D)
 
Re: OUTSTANDING BREAKOUT Alerts!!

DMA breaking out of a long slumber today.

A bit of Board re-shuffling in the pipeline has generated some trading interest by the looks.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

AFR has shown a strong breakout today on no news

15-02-2011 4-04-50 PM breakout chart 14th feb.jpg

Hope there are some holders, congrats and hope this continues up.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Jeff could ya let us know at 3.45 Thanks :)

Ha! I wish I could let everyone here know at 3:45 yesterday .
Sorry I will make posts earlier next time! ( I never buy on the day of these large volume spikes unless there is some serious news, hence the lack of notice during market hours) will adjust for users here though, my pleasure.

I should note that AFR popped quite early in the day too, so an entry was nigh impossible. Perhaps there is drilling result anticipation.
 
Re: OUTSTANDING BREAKOUT Alerts!!

I was lucky enough to take a small position @ . 77c this morning on AFR

Hope it holds up somewhat tomorrow.

Nice little open profit of $669 atm
 

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Re: OUTSTANDING BREAKOUT Alerts!!

ZRL Zambezi res
With announcement with Cu drilling, excellent grades

Additional significant high grade intersections from Kangaluwi Copper Project confirm extensions of copper mineralisation down dip and along strike
● Further results of assays from previous drilling
conducted on the Kangaluwi Copper Project indicate
increasing width and copper grade with depth
● Recent results include high

Looks very promising, with revised drilling to follow on from this modification of the resource layout;
16-02-2011 10-55-11 AM.jpg
Broke yesterday, found today with strength.
 
Re: OUTSTANDING BREAKOUT Alerts!!

BSM
missed this last few days but it's a good breakout, here's why the excitement
ASX / Media Release
11 February 2011
Final Hellyer Concentrate Production Milestone Achieved
HIGHLIGHTS:
● Hellyer Mill completely and successfully commissioned.
● Zinc concentrate (of saleable quality) filtered and in storage shed.
● Truck haulage of concentrate to Burnie Port commenced.
Diversified miner, Bass Metals Ltd (ASX:BSM) is pleased to report that it has entered the final phase of its new Hellyer Mine Project development in NW Tasmania with the commissioning of the filtration circuit to produce zinc concentrate and haulage of concentrate to the Port of Burnie.16-02-2011 11-34-59 AM.jpg
 
Re: OUTSTANDING BREAKOUT Alerts!!

Jeff could ya let us know at 3.45 Thanks :)

BSM
missed this last few days but it's a good breakout, here's why the excitement

mr. jeff, my opinion is that the horse has bolted when they get to the "outstanding breakout" stage, I like them to get my attention a bit earlier.

Here are six examples that came up last night just from the metals and mining sector (676 stock total) that are in the 'potential to be a potential' breakout area, ie. this is where I like to see them first.
ALK, AKM, BLR, SVL, SPM, TGS.

Just my :2twocents

BSM here
https://www.aussiestockforums.com/forums/showthread.php?t=5351&p=611727&viewfull=1#post611727
 
Re: OUTSTANDING BREAKOUT Alerts!!

Yeah Boggo there is no was I would trade those gaps, just posting for others to view...!

Nice big gaps look glorious if you own already, they're a picture of envy if you don't and a picture of loss when you have a hunger for big profits and will chase it up.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Alright here is one that you can all contribute to - WGO is a stock that is running hard and the market depth (ATM! and FWIW as market depth means very little sometimes) is very short of sellers.
Out of interest, what would you do if you had instant profit (assuming you can get out)

Have a look at the chart, it's moving up to 1.50 and assuming you bought units yesterday, is showing an exceptional profit instantly.

16-02-2011 2-52-21 PM WGO.jpg

Would you bail while the party is still going, buy more, or sit and hold tight?

this is not for advice, only to see how different speculators run their risk.
 
Re: OUTSTANDING BREAKOUT Alerts!!

boggo I agree what scans/programs do you use to find potental stocks?
TGS & SVL look good SVL has increasing volume maybe something happening
WGO a hard one could be topping no volume I think I would profit take
Bought AFR @ 88 target 1.15
 
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