Outstanding Breakout Alerts!

[pacer]

Re: OUTSTANDING BREAKOUT Alerts!!

Don't do graph work much myself but what do you recon about MBL for those who do?.....up 3.34% today....bought 3000 on cfd yesterday morning.

 

[Realist]

Re: OUTSTANDING BREAKOUT Alerts!!

Don't do graph work much myself but what do you recon about MBL for those who do?.....up 3.34% today....bought 3000 on cfd yesterday morning.

Well I usually do not care about charts either, but MBL has had good news and today's increase was especially good considering CBA and ANZ etc were down 1%.

MBL's PER is about right at 15.5, I can't see it going up much more though... It wont go down either of course. Dividends in late November. Dunno how CFD's with dividends work...

It's just a good solid earner that is fairly priced. It aint gonna rocket up or down!

 

[swingstar]

Re: OUTSTANDING BREAKOUT Alerts!!

Like all the other major banks, I'm bearish on MBL. Will see what happens after this recent buying dies down.

 

[swingstar]

Re: OUTSTANDING BREAKOUT Alerts!!

I think tomorrow, depending what happens on Wall Street, MBL will gap and close lower, which may signify the start of a reversal.

 

[vert]

Re: OUTSTANDING BREAKOUT Alerts!!

this was in my daily report i get, a few more days of gains then sell around $70.50, hope this helps.

 

[swingstar]

Re: OUTSTANDING BREAKOUT Alerts!!

Interesting, vert. It's good to see TA with a total differing opinion. It just goes to show, that if you think you're right and can't find any other way to support opposite movement, there probably still is someone out there who is expecting just that.

I'm still sticking to my bearish bias, but I do think there is some room on the upside left, however not enough to warrant a bullish trade. Tomorrow and maybe into some of next week I'll have a better indication as to where it's going.

 

[pacer]

Re: OUTSTANDING BREAKOUT Alerts!!

Where have you have your heads?.....up a possums bum c'mon.....

 

[swingstar]

Re: OUTSTANDING BREAKOUT Alerts!!

Well, my EW analysis says it's approaching the end of wave d in a wave B triangle. I'm anticipating a reversal around $68 ($70ish the next target). That coupled with current bearish divergence on the RSI (very consistent recently with MBL), leads me to believe there is more bearish action towards $60 before it'll continue up again.

I am just sitting waiting until/if it's confirmed. Like I said I expect more upside movement, but I'm antipating that it'll be short lived.

 

[Buda]

Re: OUTSTANDING BREAKOUT Alerts!!

Just a quick question to those that are familiar with tech ans, Has ERG broken out of a downward trend? should i buy more ?

 

[chris1983]

Re: OUTSTANDING BREAKOUT Alerts!!

Shannon Resources. (SHA). Up 60% today to 77. Should be interesting to see if they hold strong tomorrow. I dont think too many profit takers will come in though. Results due in 2 more weeks


They only have 25 mill shares with 64% by top 20 shareholders

 

[RobinHood]

Re: OUTSTANDING BREAKOUT Alerts!!

On radar: NLB, GWR....

 

[zeezee1962]

Re: OUTSTANDING BREAKOUT Alerts!!

how do you come up with this? everything i look at says dont touch i see it as people wanting to sell not people wanting to buy
may be i am not reading it right

 

[juddy]

Re: OUTSTANDING BREAKOUT Alerts!!

MAR ... although its getting the right royal treatment by the ramping experts over at HC. Be alert, not alarmed.

 

[ezyTrader]

Re: OUTSTANDING BREAKOUT Alerts!!

CVN, AUZ

 

[ezyTrader]

Re: OUTSTANDING BREAKOUT Alerts!!

MAR looks poised to go.

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

Guys I think this needs to be kept to breakouts, not potential brekouts.

Or perhaps there needs to be a thread which is titled: 'Potential, almost, might possibly, breakout. With some luck.'

MAR hasn't broken out yet IMO. Actually coming up to major resistance at $0.25. If it goes through that, on volume, then maybe a 'breakout'...otherwise, it's going to hit a brick wall and head south again.

Looks to ge generally going up though, so there is every possibility of a break up......Maybe 4th time lucky at cracking 25c.....

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

Now, this is a BREAKOUT!

 

[muddywaters]

Re: OUTSTANDING BREAKOUT Alerts!!

have a look at TPI today.

 

[tarnor]

Re: OUTSTANDING BREAKOUT Alerts!!

EPG - Amazing chart

 

[chris1983]

Re: OUTSTANDING BREAKOUT Alerts!!

Hey Guys. Keep an eye out on SMO.

They are going to come into some good profits soon with their mine in Chile.

Hit 13.5. Thats their high for the 52 week period.