Outstanding Breakout Alerts!

[newanimal]

Re: OUTSTANDING BREAKOUT Alerts!!

Should've realised Friday usually is a DOWN day as day traders don't like holding over weekend.

Really big losses on AXE, but still in long term up trend (hopefully)
.

maybe this will make us feel better till next week lol
http://www.barchart.com/opinions/stocks/AXE.AX

 

[newanimal]

Re: OUTSTANDING BREAKOUT Alerts!!

First time test to post a chart:

http://hfgapps.hubb.com/asxtools/im...0&ex=ASX&ex2=ASX&val=1&stmp=20120505035448886

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

maybe this will make us feel better till next week lol
http://www.barchart.com/opinions/stocks/AXE.AX

Im interested in how people are reading this chart.
This link is really for the mindless (no offense) but----

I see a strong pivot point reversal on volume.
Rthis is going to come off more.
If your still holding then your in for more pain---in the short term.

I have a way of trading runners like this.
Its a simple rule
and works very well.

If a trade gaps up ---makes a new high only to close below the previous days close and todays open
I sell---no exceptions---in fact I sell once trading is below the the previous days close.

You can always re enter!

MOX smashed!

 

[explod]

Re: OUTSTANDING BREAKOUT Alerts!!

Looking exhausted to me, could find support at .35, so agree tech.

 

[newanimal]

Re: OUTSTANDING BREAKOUT Alerts!!

Im interested in how people are reading this chart.
This link is really for the mindless (no offense) but----

I see a strong pivot point reversal on volume.
Rthis is going to come off more.
If your still holding then your in for more pain---in the short term.

I have a way of trading runners like this.
Its a simple rule
and works very well.

If a trade gaps up ---makes a new high only to close below the previous days close and todays open
I sell---no exceptions---in fact I sell once trading is below the the previous days close.

You can always re enter!

MOX smashed!

I dont take the link too seriously, was kind of a jest. (hence "lol")
Yes the volume is troubling. More downside to come. A hasty impulsive entrance.
However this is a good breakout as of 8 sessions ago and that .350-.352 level is now support. We'll see if that holds the "short term" in check.
Appreciate the imput TA, sound advice.
BTW, haven't figured out how to apply or 'migrate' the PAINT tool onto the chart (ASX in my case) to draw lines.
any hints?

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

I dont take the link too seriously, was kind of a jest. (hence "lol")
Yes the volume is troubling. More downside to come. A hasty impulsive entrance.
However this is a good breakout as of 8 sessions ago and that .350-.352 level is now support. We'll see if that holds the "short term" in check.
Appreciate the imput TA, sound advice.
BTW, haven't figured out how to apply or 'migrate' the PAINT tool onto the chart (ASX in my case) to draw lines.
any hints?

Down load Paint .net
Then load the chart you want (After taking a pik of it) and away you go.

 

[newanimal]

Re: OUTSTANDING BREAKOUT Alerts!!

Down load Paint .net
Then load the chart you want (After taking a pik of it) and away you go.

making progress. Was able to load chart into Paint and draw lines onto chart. Then save chart (i.e. desktop). Haven't figured out how to insert that chart into this reply box from there.

 

[Chasero]

Re: OUTSTANDING BREAKOUT Alerts!!

Whole market sold off today... wow that really screwed up my month due to that one AXE trade.

Tech /a was right about AXE

 

[newanimal]

Re: OUTSTANDING BREAKOUT Alerts!!

test to attach chart:

if chart successfully loaded, it should illustrate where an impulsive as#*h#*$ throwing reason and planning out the window might enter as I did @.195.

 

[panikhide]

Re: OUTSTANDING BREAKOUT Alerts!!

Dear newanimal

Thank you for sharing your folly with us. We will all benefit from the lessons that it brings.

Let me know if these shares hit $1 in the next year or so.

 

[pavilion103]

Re: OUTSTANDING BREAKOUT Alerts!!

Coming back to AXE, what are people's thoughts?
Has the up move been exhausted? Or should we wait for further testing of the 0.27-0.28 support on low volume in anticipation of further advances?

 

[newanimal]

Re: OUTSTANDING BREAKOUT Alerts!!

Dear newanimal

Thank you for sharing your folly with us. We will all benefit from the lessons that it brings.

Let me know if these shares hit $1 in the next year or so.

panik, didn't intend to seriously posture myself here as pedantic instructor to all. Maybe the tongue-in-cheek phrasing and self flagging humor was too dry and lost on you. Was mainly intending to test post a chart and add a little self effacing humor.
good will and prosperity to you

 

[panikhide]

Re: OUTSTANDING BREAKOUT Alerts!!

Hi newanimal

Yeah, I got that. My reply was commiseration and intended continuation of the banter.

panik, didn't intend to seriously posture myself here as pedantic instructor to all. Maybe the tongue-in-cheek phrasing and self flagging humor was too dry and lost on you. Was mainly intending to test post a chart and add a little self effacing humor.
good will and prosperity to you

 

[Porper]

Re: OUTSTANDING BREAKOUT Alerts!!

Due is trying to gain some momentum here. Need volume to increase though.

Disclosure: I hold.

 

[pavilion103]

Re: OUTSTANDING BREAKOUT Alerts!!

AMM - Analysis on charts

 

[pavilion103]

Re: OUTSTANDING BREAKOUT Alerts!!

TTS - Analsyis on chart

 

[Boggo]

Re: OUTSTANDING BREAKOUT Alerts!!

Weekly chart of RRL, elegant is a word that comes to mind.
This just keeps on going regardless of Europe etc.

(I currenly hold in my SMSF)
(click to expand)

 

[pavilion103]

Re: OUTSTANDING BREAKOUT Alerts!!

AMM has had a nice little run over a few days. I'm not sure how it will go longer term. There is no more demand at present. I was in and out.

 

[boff]

Re: OUTSTANDING BREAKOUT Alerts!!

NTU has been coming on strong these last few days.

 

[Porper]

Re: OUTSTANDING BREAKOUT Alerts!!

AHE looking to get on with it (weekly chart shown).

Confluence both in terms of price and time.