Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

Makavel said:
yer SAU but i dont think it has any support to hold it up there. There is always these spikes or "breakouts" priced pushed up by people trying to get in a buy stock then without no support ends up back on it ass.

So i guess just be careful.

my 2 cents

for a proper investment look for companies with good fundamentals and strong support to make real money unless your a common day trader were 2-3cents increases is what you are looking for, since it is those day traders etc who push up the price up and down in small ammounts to make minor / pissy profits investing small ammounts of money.

I think there are some posters on here who are day traders, swing traders and short term traders that would be anything but common and making anything but pissy little profits. I'm sure there are also lots of fundemental investors as well. I'm sure some lose and some win. The market is made up of both types and both types are needed to make the market.
 
Re: OUTSTANDING BREAKOUT Alerts!!

nizar said:
I think SAU qualifies
Sure does Nizar, great volume too. I would expect it to go higher as well since its pushed through allot of resistance already. There was an ann today though so it will be interesting if it carries that momentum through.
 
Re: OUTSTANDING BREAKOUT Alerts!!

STO santos looks like a break down....any techies want to comment......The disaster of all that mud covering an area the size of Canberra and polluting that river is gonna cost them a bundle...I heard they offered $100 mill to a company that fixed a similar problem, and they said forget it!!!! so I recon they're in real deep muddy poo at the moment and will have a problem to rival exxon Valdez.....A small but reasonable head and shoulders and general down trend makes it attractive to me as a short....

Went short 1500 CFD shares today for a look.

Even with the north Koreans and the reduction in oil supples this is surely a short in my opinion....all comments welcome.....
 
Re: OUTSTANDING BREAKOUT Alerts!!

trader,

if you are investing and not trading then you are probally right but if you are trading and bought at 4.5 with a 20% stop you would be up 30% on your money or $1500
 
Re: OUTSTANDING BREAKOUT Alerts!!

AAR

I,m suprised this one wasnt mentioned earlier.They dont get much better!!!!

If your around Kennas I noticed you posted a chart earlier with a possible pennant/flag.well its broken today on over 60 million volume.If you can can you put a chart up of AAR.

thanks
 
Re: OUTSTANDING BREAKOUT Alerts!!

Here you go Tas.

Nice break. The only worry is the bar on the previous high in my opinion.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Is there a break-down alert....I want to know if STO will fail and fall.....on bad news.
 
Re: OUTSTANDING BREAKOUT Alerts!!

pacer said:
STO santos looks like a break down....any techies want to comment......The disaster of all that mud covering an area the size of Canberra and polluting that river is gonna cost them a bundle...I heard they offered $100 mill to a company that fixed a similar problem, and they said forget it!!!! so I recon they're in real deep muddy poo at the moment and will have a problem to rival exxon Valdez.....A small but reasonable head and shoulders and general down trend makes it attractive to me as a short....

Went short 1500 CFD shares today for a look.

Even with the north Koreans and the reduction in oil supples this is surely a short in my opinion....all comments welcome.....

Hey Pacer, (Sorry I'm no tech thats for sure) ..................... where did you find the news of the "mud" disaster ...... I've been looking for it ??? ............ Only news of late I can find is the failed QGC bid, which may keep the SP down a bit in the short term, ................ I think you might be right re downtrend, but the only thing I'd be a bit concerned about is STO is getting pretty much down near its lowest levels that its been in over a year, and it always seems to bounce back from that $10.50-$10.60 support point .. Looks like if it got under $10.35 ish,it might keep diving ............. keep a close tab on it. Cheers Barney ...

PS Re the "Break-Down" alert .......why not start a new thread ................ BDG over the last couple of days would fit the bill............. will be interesting if it reverses or keeps going down.
 
Re: OUTSTANDING BREAKOUT Alerts!!

VML - Vital Metals. CSM has recently increased thier stake to 12%. Anyone think they could be a takeover target?

Formed a triangle on recent highs then broke out yesterday. This is normally a very bullish sign.

Anyone have 2 cents on this?
 
Re: OUTSTANDING BREAKOUT Alerts!!

it looks like they like the drilling results but the price is on a 52 week high for me i think it is one to keep an eye on and watch the vol and move when the pack moves
 
Re: OUTSTANDING BREAKOUT Alerts!!

tasmanian said:
AAR

I,m suprised this one wasnt mentioned earlier.They dont get much better!!!!

If your around Kennas I noticed you posted a chart earlier with a possible pennant/flag.well its broken today on over 60 million volume.If you can can you put a chart up of AAR.

thanks

Bent Rod did one, but thought I'd add one too. Classic staff with a pennant during an upward trend shows you text book example of a probably outcome. It all added up really. Having said that, it's not a 100% foolproof system. Just a probability. Where does it go now? The target price is the length of the flag pole from last breakout - which seems a damn big leap to me. Bout $0.03, maybe! So, immediate target would be $0.11 - 0.115.

My opinion, DYOR.

I don't actually hold the stock either!
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Hey guys,
i'm pretty new to the technical side of things but has anyone seen the BNB chart. Looks to have broken through resistance at about $20.50 on heavy volumes. What do you guys think.
 
Re: OUTSTANDING BREAKOUT Alerts!!

billhill said:
Hey guys,
i'm pretty new to the technical side of things but has anyone seen the BNB chart. Looks to have broken through resistance at about $20.50 on heavy volumes. What do you guys think.

Agree Bill, Volume below ave, but break through $20.50 is great! Holds above for 3 days and it's pretty solid. On to knew highs prabably from here.
 
Re: OUTSTANDING BREAKOUT Alerts!!

trader said:
If you bought $5,000 worth this morning @ 0.067 and now had to sell them
you would have lost $1,000 , thats why you never invest in this kind of stock.

I seriously couldn't agree with you trader, it appears you have very little convidance in your trades. Best not to be discouraged by a simple decline or correction in ones trade. With all due respect it can mean the complete opposite, and the benifits can be wild, after such a outcome.
My favorite policy is not to sell all of my shares on the day, and to buy back in if the trade was successfull.:)
 

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Re: OUTSTANDING BREAKOUT Alerts!!

SMO continues its upward trend. Its broken out. Never had a huge break out but has been a steady increase.

Huge volume again today with some very large buyers at 17. I posted in the SMO thread but think its worth posting here. Anyone have opinions on this one?
 
Re: OUTSTANDING BREAKOUT Alerts!!

TCI broke out yesterday, but it came back slightly on very low volume.A reasonable low risk trade with good upside potential.Lack of volume is due to there being practically no sellers.Could be explosive.I don't hold.

This is tradeable with CFD'S so must be a top 300 stock, so lack of sellers seems strange.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Barney.....27th june....the mud has realy got out of hand now....see asx statement....was off a little on the dates......definite short.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Went through the ASX smalls (0.01-2.0) on the weekend and found 4 stocks I think are or will be booming. All these stocks derive from averages and have not been researched, but have excellent face value alone. that shouldn't be ignored. So if you have any quids left over, from the many wonders available now days, don't miss out.

MPG- Metabolic Pharmaceuticals Ltd. Is smoking up just nicely. This one appears to be a bit of a lead foot. A good catch in anyones view. Winner.

LOU- Louisana Petroleom Ltd. This ones a gunner from August I can recall and it is wieghing in just nicely. I like this one it buffs up well. 5/1 odds.

MCR- Mincor Resourses N.L. Looks hot to trot and going strong, appear to be fudermentaly on track and it will go the distance. Good odds for this one to stay on track. 10/1

RCL- Repco Corp Ltd. Is my tip for the week ahead. This appears fundermentaly well aquip and may well break 52 weeks resistance. If you have got sum spare cash floating around, hook on to this one now before its to late or should I say whilse the timings right. 2/1 favorite.

If you need re-assurance, be sure to check on there fundermentals, and I'm sure they won't let you down.

Happy trading and all the best.:cool:
 

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Re: OUTSTANDING BREAKOUT Alerts!!

pacer said:
Barney.....27th june....the mud has realy got out of hand now....see asx statement....was off a little on the dates......definite short.

Yeah Gotcha Pace, STO has 18% "involvement" in the project. Wonder what that translates to in liability?? . Certainly been heading south against the general market trend ............ I think you are right ..... Good luck, Barney.
 
Re: OUTSTANDING BREAKOUT Alerts!!

StockyBailx said:
Went through the ASX smalls (0.01-2.0) on the weekend and found 4 stocks I think are or will be booming.

Stocky, just a reminder that this thread is not for predicting breakouts but for identifying stocks that have already broken out.
 
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