Outstanding Breakout Alerts!
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tech/a
No Ordinary Duck
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GreatPig
Pigs In Space
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Re: OUTSTANDING BREAKOUT Alerts!!
A few my scan brings up are CMR, RHI, MRE, IDO, RML (not really a breakout, but a good rise after a rounded bottom), and PRG. Don't really like the big wick on PRG though.
Cheers,
GP
A few my scan brings up are CMR, RHI, MRE, IDO, RML (not really a breakout, but a good rise after a rounded bottom), and PRG. Don't really like the big wick on PRG though.
Cheers,
GP
Re: OUTSTANDING BREAKOUT Alerts!!
Not sure if this is a freq asked question,
But when you say break outs and give the code etc, do you guys buy into some of these? or are these breakouts just telling everyone that a stock had a break out but it isnt a good idea to get into it since its too late?
Not sure if this is a freq asked question,
But when you say break outs and give the code etc, do you guys buy into some of these? or are these breakouts just telling everyone that a stock had a break out but it isnt a good idea to get into it since its too late?
tech/a
No Ordinary Duck
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Re: OUTSTANDING BREAKOUT Alerts!!
Trading breakouts is an accepted entry technique.
There are many breakouts each day particularly when its a bullish day.
Short term traders will attempt to identify and trade these as early as they can.Often strong breakouts can rise 30% or more in a day and by the time end of Day (EOD) traders find them they can be over.
However breakouts can herald the start of a longer term sustained move often developing into a trend.So those with a longer timeframe may well see breakouts as an opportunity to be involved in a developing trend.
Personally I trade some I post here definately not all, I trade many I dont post here purely as I find them intra day.
Trading breakouts is an accepted entry technique.
There are many breakouts each day particularly when its a bullish day.
Short term traders will attempt to identify and trade these as early as they can.Often strong breakouts can rise 30% or more in a day and by the time end of Day (EOD) traders find them they can be over.
However breakouts can herald the start of a longer term sustained move often developing into a trend.So those with a longer timeframe may well see breakouts as an opportunity to be involved in a developing trend.
Personally I trade some I post here definately not all, I trade many I dont post here purely as I find them intra day.
Re: OUTSTANDING BREAKOUT Alerts!!
tech,
your posts are much appreciated,
lets say you are faced with three, or more, possible breakouts based on volume and price scans and then chart analysis, minutes before open each is promising to open higer or gap up based on IAP (?) then what rules or guidelines do you use to base your decisiononwhich to buy that day? Do you go by the IAP, or do you wait a few minutes and go by the buyer - seller interaction un those first few minutes, if its the former what do you look for. As some breakouts seem to take quite while to form, ie they will sit at the 3-5% mark for a "while".
thanks
tech,
your posts are much appreciated,
lets say you are faced with three, or more, possible breakouts based on volume and price scans and then chart analysis, minutes before open each is promising to open higer or gap up based on IAP (?) then what rules or guidelines do you use to base your decisiononwhich to buy that day? Do you go by the IAP, or do you wait a few minutes and go by the buyer - seller interaction un those first few minutes, if its the former what do you look for. As some breakouts seem to take quite while to form, ie they will sit at the 3-5% mark for a "while".
thanks
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Re: OUTSTANDING BREAKOUT Alerts!!
MMX
MMX
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Re: OUTSTANDING BREAKOUT Alerts!!
yep, definitely MMX
yep, definitely MMX
CanOz
Home runs feel good, but base hits pay bills!
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Re: OUTSTANDING BREAKOUT Alerts!!
POL - Polaris Metals has jumped out of its previous retracement pattern, up 20 %, mostly towards the end of the day on no announcment. One to watch. Looking very bullish atm. I now hold.
POL - Polaris Metals has jumped out of its previous retracement pattern, up 20 %, mostly towards the end of the day on no announcment. One to watch. Looking very bullish atm. I now hold.
CanOz
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Re: OUTSTANDING BREAKOUT Alerts!!
Well i'm stuffed if i can figure out why this breakout alert has got '0' comments??? Ok, i hold, but i just got in towards the end of day and, consider this:
1.) its in blue sky
2.) explosive white candle trust up on higher than average volume and closed on the high!
3.) no ann
4.) this is the first day of the new breakout, many being talked about now are well past this.
5.) bullish divergence
Am i missing something? Tech? Nizar? Kennas? Constable?
Young Trader, this was your find, whats your take on this?
I'm baffled at the lack of interest in this.
Cheers,
CanOz said:
Well i'm stuffed if i can figure out why this breakout alert has got '0' comments??? Ok, i hold, but i just got in towards the end of day and, consider this:
1.) its in blue sky
2.) explosive white candle trust up on higher than average volume and closed on the high!
3.) no ann
4.) this is the first day of the new breakout, many being talked about now are well past this.
5.) bullish divergence
Am i missing something? Tech? Nizar? Kennas? Constable?
Young Trader, this was your find, whats your take on this?
I'm baffled at the lack of interest in this.
Cheers,
Attachments
Re: OUTSTANDING BREAKOUT Alerts!!
Dont take it to heart i posted mmn silver this morning that closed up over 10%, but no one noticed so it would seem ! At best we are only reflectors along the markets highway!!!!CanOz said:Well i'm stuffed if i can figure out why this breakout alert has got '0' comments??? Ok, i hold, but i just got in towards the end of day and, consider this:
1.) its in blue sky
2.) explosive white candle trust up on higher than average volume and closed on the high!
3.) no ann
4.) this is the first day of the new breakout, many being talked about now are well past this.
5.) bullish divergence
Am i missing something? Tech? Nizar? Kennas? Constable?
Young Trader, this was your find, whats your take on this?
I'm baffled at the lack of interest in this.
Cheers,
CanOz
Home runs feel good, but base hits pay bills!
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Re: OUTSTANDING BREAKOUT Alerts!!
MMN was on my list to analyse tonite too, and its gapped up, looking bullish but must fill the gap and then get through resistance...i've got an alert on it.
Cheers,
constable said:
MMN was on my list to analyse tonite too, and its gapped up, looking bullish but must fill the gap and then get through resistance...i've got an alert on it.
Cheers,
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