Australian (ASX) Stock Market Forum

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

breaker, I use Metastock with my own formula that gives me a heads up but almost any software can do the same.
SVL is a good example of where the chart can quite often get the jump on the news.

I am keeping an eye on SPM too from yesterday's short list that I posted above, it has been trying to get past 0.77. BLR was yesterday's winner.

A chart of WGO that you mentioned is below, it did have one heads up signal that picked up the breakout prior to the last run up.

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Re: OUTSTANDING BREAKOUT Alerts!!

stock is AHR

17-02-2011 11-40-33 AM b-out chart.jpg

12 month breakout from consolidation
whether it will hold is another question
 
Re: OUTSTANDING BREAKOUT Alerts!!

Thanks Jeff I use IC which is great I just need to get the right parameters working the sneak up in volume is what im looking for
SPM bit of volume today
Congrats on BLR still not to late I reckon
 
Re: OUTSTANDING BREAKOUT Alerts!!

Hi Boggo and Breaker,

Chart of SPM as mentioned. SPM has been in the media increasingly in the last few weeks which is helpful for increased traffic, they are chasing Cu Au Ag in Speewah surprisingly (WA). This volume today is high but there seems to be a lot of people jumping out on the new highs currently. I do recall a rule, 'if you're buying breakouts, you may have to buy 5 of the one stock before you catch that great move' and if you don't buy one of the five, it will run like anything.
17-02-2011 2-25-27 SPM.jpg
 
Re: OUTSTANDING BREAKOUT Alerts!!

Probably a better view of what its trying to overcome at the moment.

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Re: OUTSTANDING BREAKOUT Alerts!!

Probably a better view of what its trying to overcome at the moment.

(click to expand)

And it looks like SPM is having another go at breaking out this morning (see chart in post above).
 
Re: OUTSTANDING BREAKOUT Alerts!!

ALK has made a break for it.

18-02-2011 2-43-00 PM ALK.jpg

and a news ticker so you can see whats going on with them...

18-02-2011 2-46-56 PM news ticker.jpg
 
Re: OUTSTANDING BREAKOUT Alerts!!

mak_ax19aug10_to_26feb11.pngGday Jeff & Boggo
ALK looks good
SPM maybe look for some weakness
Heres one I bought at 64 on red candle retrace thought everything was rosy should have been stopped out.Will probably hold on 150 day ma

mak_ax19aug10_to_26feb11.png
 
Re: OUTSTANDING BREAKOUT Alerts!!

Sorry about the two Pics although MAK not a good example but you get mydrift I,m sure... have been in and out of this stock since 45
Am in SVL, SBL
 
Re: OUTSTANDING BREAKOUT Alerts!!

AUN breakout. Yesterday was probably the breakout to be honest. Volume has been very high the last 3 days on the back of rumoured takeover.

Screen shot 2011-02-21 at 9.00.51 PM.png
 
Re: OUTSTANDING BREAKOUT Alerts!!

can u guys look at MCR, seems like we have a small wedge going soon... and it's getting ready for a run to last year highs about 2.20... still using etrade so limited with what I can do :)
cheers
daki
 
Re: OUTSTANDING BREAKOUT Alerts!!

can u guys look at MCR, seems like we have a small wedge going soon... and it's getting ready for a run to last year highs about 2.20... still using etrade so limited with what I can do :)
cheers
daki

MCR is showing a wedge... but probably more posed to break down towards $1.40 imo. It has failed to run up with the rest of the market in the last 3 months so has no momentum to speak of.

Sitting very dangerously on support at ~$1.7, and $1.4 would be the target if support is broken. Good short candidate but it is a potential takeover target.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

thanks for that skc...makes sense, will wait and see what it develops to i guess
 
Re: OUTSTANDING BREAKOUT Alerts!!

Could someone please have a look at SXY and provide some input? Might possibly be a potential breakout - not 100% sure, trying my best to corner this learning curve =)
 
Re: OUTSTANDING BREAKOUT Alerts!!

Never sure what defines an outstanding Breakout however i thought i throw this one out there.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

I would also like to add that with GCY there seems to be alot of people lining up on the buy side however sell seems tightly held.

52 buyers for 2527789 units
9 sellers for 529500 units

Could have more to run.
 
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