Outstanding Breakout Alerts!

[radio-active man]

Re: OUTSTANDING BREAKOUT Alerts!!

MTN & ALB

 

[Dave31]

Re: OUTSTANDING BREAKOUT Alerts!!

yep I've probly screwed up
but 3.52 pm I saw novski's post.
by then it was too late - which must be a common problem around here yes ? I mean - its frequently a case of trying to shut the gate after the horse has bolted (I imagine?) - appreciate any comments -

Another way to ask this .. Is the thread only for people who watch their monitors 24/7 ?
Or another.. if a day is a long time in politics , then so too is a minute on the ASX (yes?)

PS I was comforted to see a lot more purchases at 0.042 at 4.10pm
PS I sold CBH to do it. Might swap back again in a week or so - depending on which way the water flows down the zinc.

Good luck to you... The market only had so long to react to the news... It may still have more in it tomorrow and you'll be smiling at everyone... or you may have to jump early. Either way its going to be exciting for you tomorrow

 

[2020hindsight]

Re: OUTSTANDING BREAKOUT Alerts!!

hell , good luck to us all
me, I'm just trying to make hay while the sun shines ? - but keepin an eye out for clouds at the same time

 

[CanOz]

Re: OUTSTANDING BREAKOUT Alerts!!

Did I just really read that SMA went up 133% today? What the?

Yeah, it gapped up on an ann about a JV with ZFX. Big candle that closed off the high about halfway down. The only reason i'm even interested is that the SP of SMA is so low (was so low) that there could still be room to run....Curious to hear about some mining gurus opinion thats all. Not much in it for a chart my friend.

Cheers,

 

[CanOz]

Re: OUTSTANDING BREAKOUT Alerts!!

hell , good luck to us all
me, I'm just trying to make hay while the sun shines ? - but keepin an eye out for clouds at the same time

Just keep your eyes on the action tomorrow 20/20.....no toilet stops for you!

Hope you make a fortune!

Cheers,

 

[kiwi05]

Re: OUTSTANDING BREAKOUT Alerts!!

PRE Pacrim Energy

Hi everyone My first post on this forum after just been reading and learning for a couple of years. I would like if someone good give me their opinion on Pacrim energy as a breakout. Held this stock a while back and then sold before it started heading down. Maybe its gold interests thats making it move. A little insight would be helpful

Cheers Kiwi05

 

[SevenFX]

Re: OUTSTANDING BREAKOUT Alerts!!

PRE Pacrim Energy

Hi everyone My first post on this forum after just been reading and learning for a couple of years. I would like if someone good give me their opinion on Pacrim energy as a breakout. Held this stock a while back and then sold before it started heading down. Maybe its gold interests thats making it move. A little insight would be helpful

Cheers Kiwi05

Only new here Kiwi,

But here my take on PRE purely from a chart pov.

It's broken out of it's june06 channel, and may face some resistance as drawn below, hence no blue skies for some time, given this only the short term resistance.

EDIT: However not saying it's not worth investing in. just something to consider.

EDIT: EDIT: Massive volume though, may push through the short term resistance...


Cheers
SevenFX

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

PRE Pacrim Energy

Hi everyone My first post on this forum after just been reading and learning for a couple of years. I would like if someone good give me their opinion on Pacrim energy as a breakout. Held this stock a while back and then sold before it started heading down. Maybe its gold interests thats making it move. A little insight would be helpful

Cheers Kiwi05

Definately, on vol. Good one. Should receive more interest today on this action. Hope it keeps going for you.

 

[SevenFX]

Re: OUTSTANDING BREAKOUT Alerts!!

Thanks Kennas,

We can always learn a thing or 2 from your charts..K

Just to confirm you've drawn a narrow channel, just below where the breakout occured and also considered the GAP down on JUNE 14 (day b4 the 13th : )

Is yesterday volume likely to continue today usually...???? or is that not common...???

EDIT: Interesting to see the volume on the last few days of both charts as graphically, the seem to differ...

Thanks
SevenFX

 

[kiwi05]

Re: OUTSTANDING BREAKOUT Alerts!!

PRE- Pacrim

Thanks Guys for your helpful charts and opinions. I have learn't alot just reading on this site. started out with great bravdo as we all do I guess.! Lost some hard earned cash and have learn't patience and due dilligence pay off. I do currently hold NWR and ADI and did have PEN but sold for Profit just recently. So I'll just watch what happens to-day with PRE.Thanks once again for your help.

Kiwi05

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

Thanks Kennas,

We can always learn a thing or 2 from your charts..K

Just to confirm you've drawn a narrow channel, just below where the breakout occured and also considered the GAP down on JUNE 14 (day b4 the 13th : )

Is yesterday volume likely to continue today usually...???? or is that not common...???

Thanks
SevenFX

T, I've drawn the 2 lines becasue there was a wall of resistance between those two points. The lower one coincides with lows in Feb/Mar and with the spikes in Sep/Oct. The higher one is the last previous highs plus some points in the Feb/Mar timeframe. Breeaking all that in a day on very large vol is significant imo. Could go to somewhere around $0.03 very soon. Will be some old resistance there (the neckline of the H&S pattern in May) but looking at the line up at the moment, this should see plenty of early volume. But, who knows, might be a stampede and then people who bought yesterday might jump ship.....

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

GGY

 

[constable]

Re: OUTSTANDING BREAKOUT Alerts!!

leg is on the move or should i say got a leg up! Not big volume tho.

 

[stickman]

Re: OUTSTANDING BREAKOUT Alerts!!

Hi

gbg looks the goods


cheers

 

[noobs]

Re: OUTSTANDING BREAKOUT Alerts!!

Stickman - GBG is not breaking out as it has neither decent volume or a significant price increase. Please read the definition of a breakout.

 

[stickman]

Re: OUTSTANDING BREAKOUT Alerts!!

HI Noobs


I take it u can't read charts ?

mate it's just broke out of a flg set up

 

[vert]

Re: OUTSTANDING BREAKOUT Alerts!!

i think a break o 0.60 on volume would be an OUTSTANDING BREAKOUT not a half cent above yesterdays close and no volume

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

HI Noobs


I take it u can't read charts ?

mate it's just broke out of a flg set up

No breakout here no matter which way you look at it.

Ive been on my head,stood back 20 meters,got out the micrometer and even put on my glasses.

Agree with Noobs on this one.

 

[YOUNG_TRADER]

Re: OUTSTANDING BREAKOUT Alerts!!

MRU

 

[Freeballinginawetsuit]

Re: OUTSTANDING BREAKOUT Alerts!!

Thats no breakout!, a terrible spread to trade