Outstanding Breakout Alerts!

[RichKid]

Re: OUTSTANDING BREAKOUT Alerts!!

Thanks TechA,
CPC looks like something I might get into, with stop at the current resistance.
Kagara Zinc a bit too risky for me.
Nice breakout there from WOW.

 

[RichKid]

Re: OUTSTANDING BREAKOUT Alerts!!

CPC bouncing off resistance, not really breaking longterm high yet. Also options CPCO.

 

[canny]

Re: OUTSTANDING BREAKOUT Alerts!!

I think this could be a great thread if everyone commited to it - checked in each morning as we all obviously have different watch lists and radars.
Would be good to warn of any daily 'bolters'.
I'm not usually a day trader and am pretty fully commited at the moment - but would always make space for a good quick trade.
Would have been good to be on BAR last night - but I'd never even had it on any of my watch lists.
NEO is my pick for best price riser in March. It's going through extensive testing and drilling, with regular reports due - each positive one going to push the price higher again.

 

[RichKid]

Re: OUTSTANDING BREAKOUT Alerts!!

TechA has a thread on daily price scans, more along the lines of what you're after for quick trades. It's died since no one is really keeping it going, and Tech is also busy from time to time, maybe you can post on that thread to keep it going, see Tech's entry criteria: https://www.aussiestockforums.com/forums/showthread.php?t=825.

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

I do the scans each night so plenty of warning for tommorow to look at setups and possibilities.
The scans I can only do if I have time and they are only a snap shot of NOW and change Hrly.
Day trading isnt my thing Ive tried it and dont like it,there just isnt time to get a good gain and if you take small bits I think youll need to commit $50k and ALL of your time with great Tick data and minute charts.
There are easier ways of making a $.

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

This is last nights list.

This isnt all of them but those which from eyeball I consider the best prospects from a chart veiw.

ERG
CSM
CBH
AZR

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

BAS

3 of 4 of yesterdays went on with it.
Ill keep a record from yesterday on on a watchlist
Ill post it (The weekly result) Saturday Mornings

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

Thought Id keep a record of breakouts from now on so here are last weeks.
Ill just add any others to the list.
The last figure is the price at which it could have been bought.

 

[RichKid]

Re: OUTSTANDING BREAKOUT Alerts!!

The last figure is the price at which it could have been bought.

Nice work Tech. Do you mean that that's the price at which you think it was best bought considering need for stop loss placement?

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

Rich.

No Thats the price at which the stock was found and the best price it could have been bought at.Will be easy to see how they go.

MGX
From W/E scans

 

[knit 1 pearl 2]

Re: OUTSTANDING BREAKOUT Alerts!!

dont u mean MRX

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

---No.---

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

Well BAS announcement that the latest find wasnt commercial.
Stock crashed 50% on open Even with stop we would have lost 50% in a blink.Our little exercise is starting from a position of early disaster!!

Everything else is humming along well.
Here are current results if $5000 on each trade.
Will limit the portfolio to 10 max.

Ive adjusted the buy price in BAS to reflect the actual loss as the price is dyanamic and the actual sell price (open) is higher than the final price.

Ill now remove BAS with a loss of $2538 to be either added to further losses or deducted from profits As at Monday close.(Nothing like a challenge!)
Ill use a 5% of purchase price STOP for all trades(Todays gap down open would be seen as a rare occurence.) I expect quite a few stops (not 50% Losses though).

This table shows BAS still in and a running total from close today.This will alter to profit tommorow when I take out the losing BAS.

I have no idea if this can be profitable as I have no exit plan and havent tested a method on it.Basically buy and hold unless stopped out!
Just posting the portfolio as an interest more than a trading exercise in profitablility.

 

[chicken]

Re: OUTSTANDING BREAKOUT Alerts!!

Tec/a...what about MAP....maqurie airport...they are starting to take off like a rocket

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

Chick.

I dont think it fits the bill as an "Outstanding Breakout".

Its sort of a breakout in a corrective move.

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

-----ADY-----

 

[The Barbarian Investor]

Re: OUTSTANDING BREAKOUT Alerts!!

ADY: 0.190 -0.005 2:52pm

Can you post a chart Tech and why you think a breakout is coming?

Many thanks

 

[blobbob]

Re: OUTSTANDING BREAKOUT Alerts!!

PNA !!!

 

[doctorj]

Re: OUTSTANDING BREAKOUT Alerts!!

Some from today's trade.

All are selected on the basis they gapped up and traded more that twice their 50 day Volume EMA.

LEP
ABI
BUY
CAG
CHB
FAR
GRR
LRL
MMS
OEL
PCO
RTL
WGR

Happy trading.

 

[RichKid]

Re: OUTSTANDING BREAKOUT Alerts!!

I've been keeping an eye on CPC after you mentioned it Tech, testing support, if it holds I reckon it'll be a good entry point at about 33/34c, with results due and more wells to be drilled this should rise. All depends on the breakout confirmation and volume. Will start a thread if warranted- they are into US gas, coal and oil. TA pattern holding so far.