Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

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.

I was going to buy in this morning, and put a stop in at 10.0, but i hesitated. I think i'll wait until the retracement and wait for another opportunity then.

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
Spot on! 10.5 in particular. If that fails, forget about it, take the loss and move on.

:2twocents

Cheers,

Agree.
In fact im expected it to pullback to this point before lift-off.
Have a half parcel from friday and will get the rest on the pullback.
I got the half parcel coz i dont want it to do a runner on me like MMB mid-december.
Check out charts of WMT, APG, BLR. Very similar. Break 10c goes to 13-13.5, pullback then off again.
In my opinion.
 
Re: OUTSTANDING BREAKOUT Alerts!!

constable said:
bpo taking off
Yep BPO has moved up on nice vol today ... trying hard to break .04 ATM ...if it does (with vol) I think it will be the start of a very nice move up :) Conservative target on pennant .049
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
I was going to buy in this morning, and put a stop in at 10.0, but i hesitated. I think i'll wait until the retracement and wait for another opportunity then.

Cheers,

Sorry, i thought you meant MUR.

Or did you? :confused:

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
Sorry, i thought you meant MUR.

Or did you? :confused:

Cheers,

I think he meant MUR. ANd so did I.

MRU is Mantra they are trading around the buck range.
 
Re: OUTSTANDING BREAKOUT Alerts!!

nizar said:
I think he meant MUR. ANd so did I.

MRU is Mantra they are trading around the buck range.

I was kicking myself for not buying this morning, but now after i see the sellers moving in i'm not so disappointed. I'll just keep it on the watchlist i for now i think.

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
Sorry, i thought you meant MUR.

Or did you? :confused:

Cheers,

MUR - MURCHISON UNITED NL FPO .
WMT looking good for another break out too. Early signs are good but too early to tell
 
Re: OUTSTANDING BREAKOUT Alerts!!

marklar said:

Good grief! Would have loved to have known about that one earlier. Shame i can't trade at work.

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

nizar said:
Excellent find Nizar. Not sure how you find them but I appreciate it.
I like this one the most for a trade tomorrow.
Dragon fly doji followed by long white line with last price near the high and bottom price the opening price. Volume good. I would like to see higher buying depth volumes but apart from that looks ok. Will make final decision when we have news about American Markets and final analysis on market depth before open of trade.
WMT shows good potential if passes 27 cents - hopefully tomorrow.
ERN - I like this one too. All depends on announcement as currently in trading halt but could explode big time if good news past resistant levels 70 cents tomorrow.
 
Re: OUTSTANDING BREAKOUT Alerts!!

UraniumLover said:
Excellent find Nizar. Not sure how you find them but I appreciate it.
I like this one the most for a trade tomorrow.
Dragon fly doji followed by long white line with last price near the high and bottom price the opening price. Volume good. I would like to see higher buying depth volumes but apart from that looks ok. Will make final decision when we have news about American Markets and final analysis on market depth before open of trade.
WMT shows good potential if passes 27 cents - hopefully tomorrow.
ERN - I like this one too. All depends on announcement as currently in trading halt but could explode big time if good news past resistant levels 70 cents tomorrow.

Thanks bro.
This one reminds me very much of WMT on Monday 5th.
Why? Coz they both:
Closed near the high but not on it, volumes were high but not outstanding, and the last sale was at an all-time high (well APG 4 yr high, WMT was 6yrs, but both breaks were significant).
Look at the intraday chart and see how buying intensified in the final hour.

All we need now is a gap up 2mrw and away we go.

BPO i liked it intraday but the close was weak.
 
Re: OUTSTANDING BREAKOUT Alerts!!

UraniumLover said:
Excellent find Nizar. Not sure how you find them but I appreciate it.
I like this one the most for a trade tomorrow.
Dragon fly doji followed by long white line with last price near the high and bottom price the opening price. Volume good. I would like to see higher buying depth volumes but apart from that looks ok. Will make final decision when we have news about American Markets and final analysis on market depth before open of trade.
WMT shows good potential if passes 27 cents - hopefully tomorrow.
ERN - I like this one too. All depends on announcement as currently in trading halt but could explode big time if good news past resistant levels 70 cents tomorrow.
Looks good but I don't think it's actually 'broken out' today. I'm having some troubles with Big Charts, so maybe it's wrong. The 11% gain isn't recognised on this chart, so maybe it's a break up from a pennant? I think the OUTSTANDING breakout was actually around mid Feb. But agree, looks good for a trade.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

kennas said:
Looks good but I don't think it's actually 'broken out' today. I'm having some troubles with Big Charts, so maybe it's wrong. The 11% gain isn't recognised on this chart, so maybe it's a break up from a pennant? I think the OUTSTANDING breakout was actually around mid Feb. But agree, looks good for a trade.

It had a good shot at a breakout today. It closed just off the days high, at the recent highs. I noticed Bigcharts wasn't giving up to date data today too. In fact, the quote price was up to date, but the charts were not updating.

Time to switch Kennas? Time to pay?

I can't use Power Etrade at work atm, so i use bigcharts normally, but today i had to use the interactive charts from Etrade to get up to date data.

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

kennas said:
Looks good but I don't think it's actually 'broken out' today. I'm having some troubles with Big Charts, so maybe it's wrong. The 11% gain isn't recognised on this chart, so maybe it's a break up from a pennant? I think the OUTSTANDING breakout was actually around mid Feb. But agree, looks good for a trade.
Glad you agree Kennas.
I wouldn't want to make a non profitable trade if it eventuates that the overseas markets are in positive territory tomorrow and MR all ords is happy and won't punish us all...
 
Re: OUTSTANDING BREAKOUT Alerts!!

kennas said:
Looks good but I don't think it's actually 'broken out' today. I'm having some troubles with Big Charts, so maybe it's wrong. The 11% gain isn't recognised on this chart, so maybe it's a break up from a pennant? I think the OUTSTANDING breakout was actually around mid Feb. But agree, looks good for a trade.

Its broken up into blue skies. Hasnt closed at 20c for over 4 yrs. Todays break is significant.

Thats outstanding enough for me.

And what i like as well, is how volume decreased on the pullback, and the rebound in volume has coincided nicely with the rebound in the share price.

Textbook stuff.

Can, i noticed the same problem with bigcharts.
 
Re: OUTSTANDING BREAKOUT Alerts!!

nizar said:
Its broken up into blue skies. Hasnt closed at 20c for over 4 yrs. Todays break is significant.

Thats outstanding enough for me.

And what i like as well, is how volume decreased on the pullback, and the rebound in volume has coincided nicely with the rebound in the share price.

Textbook stuff.

Can, i noticed the same problem with bigcharts.

Good grief, go to bed Niz.

So what do you use to chart during the day?

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
Good grief, go to bed Niz.

So what do you use to chart during the day?

Cheers,

I use my IRESS to see intraday support and resistance levels.
But difficult to see the big picture. I need to use something else. Maybe we need to pay like you said. I probably need a bigger screen as well.
 
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