Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

SOM appears to be breaking out, on good volume...DYOR though, not sure anyone knows exactly why just yet...
 
Re: OUTSTANDING BREAKOUT Alerts!!

I saw that too and grabbed a few at 3.2c
See how she goes, looks good for the moment though
 
Re: OUTSTANDING BREAKOUT Alerts!!

RMD broke out on Friday..... TechTrader also flagged it as a buy (green arrows on chart).
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Peakey
What a breakout - I really like this one.... Thanks for the post. Looks good - it's broken that accumulation phase (confirmed by breakout) in Nov - Dec, with nice volume and a good wide range day. This is where you want to be going long IMO....

Cheers
 
Re: OUTSTANDING BREAKOUT Alerts!!

this chart does look nice, as above .... plus it has gone back over the recent long term trend line but ....
there is a recent divergence in the MACD, IMO would be keeping a tight stop on this :)
 

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Re: OUTSTANDING BREAKOUT Alerts!!

RE: RMD, agree with a tight stop here - 6.50 would be an obvious position IMO.......

The other stock I forgot to mention was NWS - take a look at the gap from Wednesday to Thursday - what a week..... The amazing thing that all week this was almost the number one stock sold on Comsec - I might be setting a tighter stop here, but you don't get rid of a stock when it is cruising into new highs.....
 
Re: OUTSTANDING BREAKOUT Alerts!!

SevenFX said:
Must have chomped 2 much, as it licks it's lips and digesting the mouth full :D back at 16.5c :banghead:

Thats because it fired up on dodgy Hot copper rumour from first time poster
 
Re: OUTSTANDING BREAKOUT Alerts!!

PNO

My TA is crap, but testing all time highs
6 month high looks to be 3.2c which it is only .2 away from
Just hit 3c again too

dyor...
 
Re: OUTSTANDING BREAKOUT Alerts!!

wizz, this is another stock i liked as a rebound after they lost a major contract and dropped to 2c a while ago, but didnt have enough to get in

Doh :banghead:
 
Re: OUTSTANDING BREAKOUT Alerts!!

Wilson! said:
PNO

My TA is crap, but testing all time highs
6 month high looks to be 3.2c which it is only .2 away from
Just hit 3c again too

dyor...
Wilson,PNO is a dangerous one. They have at least 3 manufactured pump and dumps a year, so it's a useful stock to buy low and sell on one of these runs if you have the funds to sit around in it and wait, but I'd NEVER buy PNO at a high - its pattern is too regular.
Your choice, but it usually comes to nothing.
I wouldn't call it an outstanding breakout, it's an outstanding pump and dump probably!!

Having said that, they'll probably bring something spectacular out to prove me wrong!! LOL!!
 
Re: OUTSTANDING BREAKOUT Alerts!!

Hi All,

I'm a newbie, just wondering if CIY would be classed as a breakout, as its jumped 13c breaking through the $4.55 mark.
 
Re: OUTSTANDING BREAKOUT Alerts!!

nomore4s said:
Hi All,

I'm a newbie, just wondering if CIY would be classed as a breakout, as its jumped 13c breaking through the $4.55 mark.
Yep. Been trading in a pretty tight chanel for a while until this. Good one.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Ken said:
rco touched 70 cents.

someone has been buying big
Ken, this is an obvious ramp. It's only done 200k turnover! There was one trade at $0.70 of 3000 shares, which I think was a mistake by the look of it. That's why it spiked.

No ones going to take you seriously if you keep this up.

I was going to just delete your post but I think this needs to be highlighted.

This looks like it might be going to go to all time highs (only been listed for 7 months) so if you've got any real, valuable analysis to add as to why it's moving, please feel free to enlighten us in the RCO thread, until this actually is an 'outstanding' breakout.

Thanks,
Kennas
 
Re: OUTSTANDING BREAKOUT Alerts!!

YOUNG_TRADER said:
BCN

Beacon Minerals, see thread for Fundamentals,

Just broke all time high of 25c on large volume for this stock

Stock is a newish IPO about 2-3months old, opened around 25c and steadily drifted lower

With 25c cleared and about 250k buy depth at 25c+ this has the potential to breakout as its in bluesky

That was about 1hr ago on the potential thread,

Well its clearly a breakout up to 35c on huge colume for this stock

Nearly 100% over last few days from 17c to 35c
 
Re: OUTSTANDING BREAKOUT Alerts!!

Guys
Take a look at DJS........ Who said retail stocks are boring.....

Up almost 6% with earnings upgrades and broken through previous high set at the start of the month....... Holders here must be all grins!

Cheers
 
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