Outstanding Breakout Alerts!

[over9k]

https://au.finance.yahoo.com/news/aud-usd-weekly-price-forecast-151337608.html

AUD's well & truly broken its latest trend. 1.5% in 24 hours is ridiculous.

 

[Telamelo]

Really enjoying this thread guy's thanks & cudos to everyone!

Gees somehow we missed AD1 last week as it's 'spiked up' another leg already ((weary about chasing it now so I'll wait for a pullback (hopefully)).

Another chart that unfortunately caught my eye way too late was RDS (these past 2 month's it's shot up from 7c to 25c !!!)

Watching with baited breath IME as half yearly out tomorrow morning @10am. Cheers tela

 

[over9k]

Really enjoying this thread guy's thanks & cudos to everyone!

Gees somehow we missed AD1 last week as it's 'spiked up' another leg already ((weary about chasing it now so I'll wait for a pullback (hopefully)).

Another chart that unfortunately caught my eye way too late was RDS (these past 2 month's it's shot up from 7c to 25c !!!)

Watching with baited breath IME as half yearly out tomorrow morning @10am. Cheers tela

Depending on what you're trading, you're much better off just finding its listing on the ASX. Afterpay is dual listed here as well as NYSE, along with several U.S index-tracking ETF's. All you're doing is paying exchange fees otherwise.

Other than that, you're looking at trying to fight (beat) an exchange rate run. The likelihood of having more growth in your U.S denominated holdings vs AUD denominated after exchange rate is factored in is probably pretty low - I've been trying to do this since may and after making a couple of really silly (annoying) mistakes haven't managed it, I'm basically just flat vs my AUD holdings gains.

Also worth noting that *some* dual-listed holdings actually end up higher in AUD than USD after the exchange rate is factored in (not the same) as for whatever reason, people have rathered hold them in AUD.

GOLD comes to mind for example

 

[over9k]

BUD's bounced another 7% this morning. Looks like we might be onto a winner

edit: and DEG's up yet another 3%.

 

[over9k]

One of the hottest sectors of the ASX that I observed all the way back in May when I bought QuickFee Ltd (QFE) for the Speculative Stock Portfolio has continued it's strength. In hindsight, should've bought another stock or two in the sector...oh well !

I have been looking at the prices of some of the FinTech stocks and their continued momentum such as with APT, Z1P, OPY either about to break out or at all-time-high's, and some just breaking out...

SZL:
View attachment 108157

Also noticed another stock, but not related to the FinTech sector...

WSP:
View attachment 108158

Just in response to this post, aussie based cloud software companies, just like all the U.S ones that have allowed working/living from home (distance) through this pandemic have all gone bonkers just like all the fintech stuff:



It's exactly the same story with zoom, docusign, paypal, square, adobe etc etc. Anything which allows people to keep functioning by distance has skyrocketed, and a quick bit of DD will tell you that all this stuff was on a slow trend before the pandemic/we were going to end up here in about ~5 years' time anyway.

I got onto xero as the mrs is an accountant and uses it working right next to me every day so I literally just asked her what software(s) she uses and bought them (talk about doing your DD ) but I missed the others.

I'll be pulling the trigger on afterpay and wisetech sometime next week I reckon (you'll see that logistics companies like fedex & ups have gone nuts through the pandemic as well for what I think are obvious reasons).

Appen's had a big crash over the past few days so I'm really conflicted about that though. It's a big dip, but possibly a big dip for a reason. Going to spend the day looking into it. Watch this space.

 

[frugal.rock]

ROO is hopping again.
It is the breakout thread after all.
I could waffle on, but I won't.
Hop to it.

 

[frugal.rock]

MOZ also having a solid recovery, as expected.

 

[over9k]

Jeez you'd have to be brave to buy those two IMO. Things weren't exactly improving before the pandemic

 

[frugal.rock]

Thanks for the charts.

So 4 years of uptrend does nothing for you on MOZ ?
SP overpunished IMO.

And an Ag Tech company can't be a popping FC from FA?
What's not to like about sustainable Roots?
It's keeping up with the Joneses.

 

[over9k]

Well I don't follow either of them but there was *years* of decline before the pandemic so it's not like it's a new company that's struck gold or something that was hosed in the pandemic and is now a recovery play, so unless you know something I don't???

ROO has even bounced to 30c and then collapsed just as much just as quickly more than once before:

 

[frugal.rock]

ROO has even bounced to 30c and then collapsed just as much just as quickly more than once before:

ROO's are known for their low nitrogen levels... Let's hope the plant based meat department gets the mob excited. The chart has all the hallmarks of a stock that has great potential of a large recovery.
Just not today.

 

[over9k]

If it cracks 60c, then it's showtime IMO.

 

[frugal.rock]

If it cracks 60c, then it's showtime IMO.

60 cent or 6 cent ?
Here's my 2 cent.

 

[wabullfrog]

Seems like a few of the Food Production stocks are doing quite well lately. WOA, GNC,BGA & CGC all doing well, of course the are all on my Watchlist but I don't own any

 

[over9k]

60 cent or 6 cent ?
Here's my 2 cent.

View attachment 108451

Derp. Yes. 6c.

 

[Dona Ferentes]

ROO is hopping again.
It is the breakout thread after all.
I could waffle on, but I won't.
Hop to it.

nice bounce

 

[frugal.rock]

nice bounce

boing

 

[rnr]

boing

Hey @frugal.rock,

If ROO is causing you a problem with the bounce I would suggest you give Rolf Harris a call as I'm sure he would be knowledgeable in this area.

Cheers,
Rob

 

[Dona Ferentes]

Seems like a few of the Food Production stocks are doing quite well lately. WOA, GNC,BGA & CGC all doing well, of course the are all on my Watchlist but I don't own any

and new kid on block...
Forbidden Foods FFF made a barnstorming debut on the ASX, doubling in value to 40¢ on Monday morning from an issue price of 20¢,

 

[frugal.rock]

No regrets Rob.
In and out.
38.6% profit on Roo.
Rolf makes my skin crawl...