Outstanding Breakout Alerts!

nizar said:

Yeah i know.
Im still holding this one.
Blue sky stock.
You dont find many of those during corrections.
And this is true blue skies.

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yo-yo said:

Hi Nizar,

just wondering why the outlook on NGM is so positive despite the whole foreboding US Government Employment Report which is due out later tonight? What is the expected share price for next week? I'm new to this so please cut me some slack

Cheers

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yo-yo said:

Hi Nizar,

just wondering why the outlook on NGM is so positive despite the whole foreboding US Government Employment Report which is due out later tonight? What is the expected share price for next week? I'm new to this so please cut me some slack

Cheers

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nizar said:

I dont know about so positive.
But i like stocks that in a strong uptrend, and are trading at new highs with no overhead resistance.
It meets my entry criteria.

I dont know about what happens next week, nor do i care.

If it stays at this price: i hold.
If it goes down and triggers my stop then i will sell.

If it keeps going up then i keep holding

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UraniumLover said:

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yo-yo said:

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UraniumLover said:

That was stupidity. Trying to put a candle image with shocking turn out

The US and Japan are up with China down little overnight which looks good from overseas market point of view when you take into consideration NGM broke out during correction. It is in Day 3 of the break out so only issue will it continue going up or is a correction on the cards ?
Acquiring Indo Energy which is a Uranium play in Niger North Africa will certainly help this looking at how some other u plays like ACB,WMT,ERN,BLR have reacted recently.
Closed at 38.5 with intra day high 46. and low of 37 which was it's opening price looking bullish .
Good buying volume too
If this one starts well i believe a buy before it goes too high with the use of a stop loss way to go.

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CanOz said:

Might have been some buyers early on, but the day was won by sellers, most likely profit taking b4 the weekend though.

Anyway, theres your chart.

Cheers,

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UraniumLover said:

What about MUR? Now this has awesome break out. Extremely high buying volumes as well. Check it out extremely long white line friday trade.

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CanOz said:

Agree, very bullish white candle, close slightly off the high. Great breakout.

Cheers,

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Mac said:

Definitely some high volume trading helped in that one CanOz - would I be right in assuming that the new support would be somewhere around .105 - .11 then? (Just starting out so seeking clarification whether I'm actually learning anything lol)

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constable said:

bpo taking off

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CanOz said:

Agree, very bullish white candle, close slightly off the high. Great breakout.

Cheers,

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UraniumLover said:

MRU white candlestick is growing longer at the moment .Currently 0.17 from open 0.14. Looks like our analysis of this stock was correct CanOz. Now time to buy a new bike.

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