Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

donjohnson said:
Anyone jump on PMH?
Its up to 40, up 115% today

Thanks Don,

I would have bought you a slab (maybe even the brewery) if you told me closer to .28cents ... :banghead:

143% thats gotta retrace some maybe today hey...??????????????????

hope you made a squileen... :D
 
Re: OUTSTANDING BREAKOUT Alerts!!

yea, sorry about that - should have made my heading clearer. Posted it at 10:30 aussie time, just after I got it...

Anyway, we'll see where she goes to from here.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Magdoran said:
First a couple of words of caution, buying breaks can be high risk in that these can turn out to be false breaks… especially when they are hitting resistance levels, and are exhausting up(down). There are tactics to deal with this of course.

Anyway, here are a range of optionable stocks which seem to fit the criteria:

CPU, GPT, HGI, HVN, LLC, NAB, QBE, SGB, WDC .

WDC for instance may be a reversal bar, and be an aggressive short candidate for instance (although I’m not advocating this action, top picking is as dangerous as jumping on an exhaustion bar…). So just be careful of these.

A potential break out thread would be great if it were populated with posts from smart investors and traders. The problem would be that flocks of amateurs and rampers would choke it to death with nonsense and pure speculative wishes with no analysis or thought for probabilities given.

Perhaps a “Technical Entry Alert” thread could be started for technical analysts where they post their reasoning in an attached chart. Part of the problem with breakouts is that many of them are false breaks, hardly what you want to be buying. Quite often the patterns are in place long before the actual breakout happens.

How about a “Higher Low” or “Lower High” thread? Better to buy on the pull backs in bullish moves, and sell on the rallies in bearish moves.

Another area could be for fundamental analysts with their reasoning for entry too – maybe a “Fundamental Entry Alert” thread?


Food for thought huh?


Regards


Magdoran

Perhaps a separate discussion thread on breakout trading analysis would be useful as well. (Hint: Tech/A was commencing on a great post in his how-to topics with breakaways and gap analysis etc, which I am still eagerly awaiting to read)... maybe.. some other experienced TAs may be able to shed some light on the topic too...
 
Re: OUTSTANDING BREAKOUT Alerts!!

Found me self free Breakouts yesterday when i was going through the ASX and having a look. Golden gates shows a lot of protential. Anyway these are what I found trying to sneek out the back door; blp env gdn
 
Re: OUTSTANDING BREAKOUT Alerts!!

StockyBailx said:
Found me self free Breakouts yesterday when i was going through the ASX and having a look. Golden gates shows a lot of protential. Anyway these are what I found trying to sneek out the back door; blp env gdn
thanks stocky - "blp" sounds like the noise a drowning man makes - think Ill try "gdn" - which conversely sounds like a goodun. lol. Never know where these premonitions will lead you lol. (sorry Ive been listening to Yogi too long;))
 
Re: OUTSTANDING BREAKOUT Alerts!!

Yer I believe it's a good call havin this Breakout thread, keeps ya on your toes I think. i'm not sure I env, env that much i might end it with a end-V who knows?
keep it active, with sum honest stock and were got a winner!
sgl -and- esg, Also look like good promise.
I like this thread I think I might stick around it more often?
All it needs is the right ingreedance each time!
:bong: :p: :D Lets be happy with it, B'Y'o, B.O -Aus!
 
Re: OUTSTANDING BREAKOUT Alerts!!

ezyTrader said:
Perhaps a separate discussion thread on breakout trading analysis would be useful as well. (Hint: Tech/A was commencing on a great post in his how-to topics with breakaways and gap analysis etc, which I am still eagerly awaiting to read)... maybe.. some other experienced TAs may be able to shed some light on the topic too...

Hi ezyTrader,
There's a thread here on trading breakouts but it didn't really get going, maybe you'd like to continue the discussion of various breakout systems and methods there? https://www.aussiestockforums.com/forums/showthread.php?t=2707&highlight=trading+breakouts

Also do a keword search as breakouts have been discussed in various contexts before.
 
Re: OUTSTANDING BREAKOUT Alerts!!

kennas said:
It's a breakout, but is it OUTSTANDING? Something has definately turned though...

Good work if you picked the bottom..

Well this is looking outstanding now...would it be a textbook reversal? Not really, it didn't range for long, if at all really.

Kennas, you got another chart for this? I tried your little trick with Paint and it was still to big?

There still has been no ann on this....what on earth could make this SP move north like this?

I tried to buy around .048 and could not get the price i wanted so i cancelled my order. :banghead: DOH!
 
Re: OUTSTANDING BREAKOUT Alerts!!

Oh, by the way i think that this thread has merrits not just in the break out alerts (any stock scan can give you that) but the discussion that goes on after alerts. I value that discussion in my learning curve.

Thanks,
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
Well this is looking outstanding now...would it be a textbook reversal? Not really, it didn't range for long, if at all really.

Kennas, you got another chart for this? I tried your little trick with Paint and it was still to big?

There still has been no ann on this....what on earth could make this SP move north like this?

I tried to buy around .048 and could not get the price i wanted so i cancelled my order. :banghead: DOH!

Breaking $0.05 was important here. Bit of a headwind into $0.06. Great turn about though. Good work.

Retrospectively I suppose it broke out of the previous downward trading pattern at about $0.04 ish.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

How on earth are you posting those charts? I tried the same thing, from your link and and it said the file was too large! What am i missing?
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
How on earth are you posting those charts? I tried the same thing, from your link and and it said the file was too large! What am i missing?

Check PMs.
 
Re: OUTSTANDING BREAKOUT Alerts!!

GDN is bound to bounce back? MOX flying like a bat out of hell, appears they found the treasure. Also got a good tip on RBY.:cool:
 
Re: OUTSTANDING BREAKOUT Alerts!!

KZL is in blueskies now.
This stock has been breaking out all year.
The only zinc pure play in blueskies with no overhead resistance.
I reckon it will run hard... :2twocents
 
Re: OUTSTANDING BREAKOUT Alerts!!

Classic breakout this one:

DYL
 

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Re: OUTSTANDING BREAKOUT Alerts!!

PMP - broke out yesterday on good volume then followed up 8.9% today. Got me self some this morning. Takeover speculation. Hopefully tomorrow goes the same.
 
Re: OUTSTANDING BREAKOUT Alerts!!

PMP - heres the chart ( i hope). Ranged then broke out.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

I'd just like to add by running off, sum of tech/na comments whom invented or opened this thread earlier on. firstly damn good idea, this thread could pay dividends to us all and much appreciated because not everyone has the ultimate system and could be found unfortunate, witch is undiserving by all means.

Secondly these breakouts might seem to be the best thing since swiss cheese, but I feel it is best not to throw all your eggs in one basket and certianly do your research before you do. As I'm sure that you's do.

Tech/na charts are a good example of what these stocks can do if left unatended. Any Stocks/Breakouts that I may offer are not researched just presented, although they will be derived from moving averages such as MVA, CPMA, MACD, plus a relatative strengh Index RSI. Recording highs in the past 5-10 days. If I was to bye into any of these Breakouts I would most certianly be looking for a Profit percentage compound % as sum do.

I believe SMO, appears to look promising.
 
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