Outstanding Breakout Alerts!

[sydneysider]

Re: OUTSTANDING BREAKOUT Alerts!!

I think the 'outstanding' breakout was at the green circle. This latest break is very good, up out of a pole and pennant formation. Should have seen that comming. Point that formation out a little earlier thanks absolutely.

What a beautiful formation, busted out perfectly and on the run.

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

GGY again, perhaps:

Ended up 36%, not holding....

 

[nizar]

Re: OUTSTANDING BREAKOUT Alerts!!

BQT

 

[ezyTrader]

Re: OUTSTANDING BREAKOUT Alerts!!

BLT up 290%!!!

Are these percentage increases becoming the norm?

 

[toc_bat]

Re: OUTSTANDING BREAKOUT Alerts!!

all i can say is, bacon lettuce and tomato,

im sorry for this meaningless post, but until i happen to ride a wave like this i guess i will just make meaningless post as per my meaningless life

 

[hitmanlam]

Re: OUTSTANDING BREAKOUT Alerts!!

all i can say is, bacon lettuce and tomato,

im sorry for this meaningless post, but until i happen to ride a wave like this i guess i will just make meaningless post as per my meaningless life

Have you ever thought about religion toc bat......

 

[toc_bat]

Re: OUTSTANDING BREAKOUT Alerts!!

i have thought about it intensively since my early childhood, to arrive to a point of atheism,

by the way we better watch it ere, joe blow or some other big wig will swoop down upon us off topic offenDORS like a raven and peck our eyes out of thier very sockets

ok gotta go ....... all my shares, all 3 of em, are pretending to be snails, or in voluntary trading halts, and its 2am here in down and out london, see if i was on BLT id be on a plane 2moro, outa ere - ASAP

 

[mmmmining]

Re: OUTSTANDING BREAKOUT Alerts!!

MRX has some intensive activity today, and break out @0.12. Maybe uranium related?

 

[Dutchy3]

Re: OUTSTANDING BREAKOUT Alerts!!

A week or so late on this one .... still offers low risk entry with a logic position for stop

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

A week or so late on this one .... still offers low risk entry with a logic position for stop

This looks great! Thanks Dutchy.

 

[nizar]

Re: OUTSTANDING BREAKOUT Alerts!!

A week or so late on this one .... still offers low risk entry with a logic position for stop

Still HEAPS of overhead resistance.
Volumes are nice though.

 

[Dutchy3]

Re: OUTSTANDING BREAKOUT Alerts!!

Hi nizar

Indeed ... yet this is 3rd time lucky + relative increase in volume + MD remains better than 3 : 1 and has done for a few weeks.

This is a weekly chart. I always like a complete tax year to have passed that any final long term holders get one last chance to record their capital loss and clear their loosers from their books.

I have a STOP, just like any other position so am letting the balance of probabilities role on this one. My biggest concern on this stock's ordinary (longe term Avergae) volume is very low so if it reverses from here, or stagnates too long - will I have a market from which to extract myself.

 

[noobs]

Re: OUTSTANDING BREAKOUT Alerts!!

AVX has broken it's all time high 0f .36c on decent volume and appears to be heading for blue sky. Bio techs and health stocks appear to be leading the pack at present. AVX Avexa is a Melbourne based developer of anti-infectives drugs. Its lead compound apricitabine for HIV is nearing significant milestones that could result in a substantial re-rating by the market. Management and directors are good quality also. One to keep an eye

Announcement just out - http://www.asx.com.au/asxpdf/20070108/pdf/310fb90583grvj.pdf

 

[nizar]

Re: OUTSTANDING BREAKOUT Alerts!!

AVX. God i love Blue Skies

 

[JoshyJ]

Re: OUTSTANDING BREAKOUT Alerts!!

NAL has broken out from a long term down trend.

 

[lesm]

Re: OUTSTANDING BREAKOUT Alerts!!

AVX has broken it's all time high 0f .36c on decent volume and appears to be heading for blue sky. Bio techs and health stocks appear to be leading the pack at present. AVX Avexa is a Melbourne based developer of anti-infectives drugs. Its lead compound apricitabine for HIV is nearing significant milestones that could result in a substantial re-rating by the market. Management and directors are good quality also. One to keep an eye

Announcement just out - http://www.asx.com.au/asxpdf/20070108/pdf/310fb90583grvj.pdf

Are you sure?

There have only been 33 trades and total volume of 325,911 shares traded above 0.36c. Not really much of a breakout.

Cheers.

 

[nizar]

Re: OUTSTANDING BREAKOUT Alerts!!

Are you sure?

There have only been 33 trades and total volume of 325,911 shares traded above 0.36c. Not really much of a breakout.

Cheers.

I beg to differ.
More than 1million traded over 36c now.

RTM as well.

I havent got a position in either. Prefer to do my buying right before the close these days.

 

[lesm]

Re: OUTSTANDING BREAKOUT Alerts!!

I beg to differ.
More than 1million traded over 36c now.

RTM as well.

I havent got a position in either. Prefer to do my buying right before the close these days.

Yes, but take a look at the time stamp on the original messages. The original message claimed that the breakout at 0.36c was on decent volume, yet the major trading volume at the time was at 0.355c. My comment was based on the state of the market at the point in time that the comment was made.

I can provide the price analysis for you if you like. So, let's stick to the facts and keep things in context.

Calling blue skies, so early in the piece is akin to a form of ramping.

So differ all you like.

 

[noobs]

Re: OUTSTANDING BREAKOUT Alerts!!

lesm,

I posted this in the Potential breakout thread and was asked to move it over to this thread. Has breached its all time high on decent volumes and if closes on or above .36c its a very bullish sign. I know what you are saying about the timing etc. No harm in getting on these one early if you have a bullish outlook - I've been following this stock for a while now a I beleive this will continue its upward trend.

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

Guys, I think we're arguing over pea nuts really. I agree that it wasn't necessarity an 'outstanding' breakout earlier, but it was definately on the way. The break out of the recent short sideways range was very important and breaking through $0.35 was definately on to 'blue skys'. Whether it holds above or not is another thing. There's still a hour and a half to go, so we can all be proved wrong. Some people think a true 'breakout' needs to be tested, so it might even take a couple of days for this break to be validated.