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Outstanding Breakout Alerts!

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Re: OUTSTANDING BREAKOUT Alerts!!

AAR has finally moved up and in excellent fashion today. Somebody seemingly tried hard to hold it back at 5.8 but someone else had a different agenda and took all from 5.9 through to 6.4 in the last part of trading today on a volume of around 6m in minutes.

The chart says it all:
  • confirmed breakout from the descending triangle
  • Volume increase to over 10,000,000
  • MACD and DMI strongly turning to positive
  • 30, 60 and 90 day MA breached
  • gap created on the 28/2 almost completely taken up
Once the gap is breached the uptrend will be confirmed, as I believe will be done easily on Monday.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

AAR breakout confirmed. Almost the total of Fridays volume traded in 35mins.

Gap now cleared and well breached.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

MMX - Murchison metals has well and truly broken out - up 6.18% - I believe we are still in the process of a major re-rating
 
Re: OUTSTANDING BREAKOUT Alerts!!

hangseng said:
AAR breakout confirmed. Almost the total of Fridays volume traded in 35mins.

Gap now cleared and well breached.
Click to expand...

Up 12% Friday and now up 14% this morning. What a shame our banks can't provide these daily rates.
 
Re: OUTSTANDING BREAKOUT Alerts!!

UMC broken out an 15% odd, already broke out last friday as well on around 10% increase.

major re-rating, market just beginning to see UMC iron ore story
 
Re: OUTSTANDING BREAKOUT Alerts!!

Only been consolidating for a few weeks, so probably not 'outstanding' IMO, but nevertheless, another breakout this one through all time highs as well.

Probably should be quite a few of these really.....ho hum...
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Expect to see that one in a text book Kennas.

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

Well I posted BRW on the potential breakouts thread about six weeks ago (at the point circled) Today I think it earned the right to be in the Outstanding breakouts thread... I just wish I'd gotten over my jitters and bought a bundle when I mentioned it! But having said that I clocked over 100% profit today just wondering whether to follow my rule and sell half now.... or break it and hold out for some more... (I only have a small parcel unfortunately)

It is now looking pretty overbought so a pull back is I think very likely, Seems the lonsec report + the upcomming drilling program has sparked some interest. I don't generally like it when my stocks go balistic like this, the rise over the last 4 weeks was better. probably should sell that 1/2 of my holding the more I think about it!

Tony.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Why not wait for a clear reversal before you sell? Sure, it's due for some consolidation but it does not necessarily mean it will also come down. The strength of the breakout indicates that it will go again in short order... or continue to go.

Cheers,
Chops.
 
Re: OUTSTANDING BREAKOUT Alerts!!

that's the bit I always struggle with Chops! Usually I sell whilst it is still going up at a pre-determined point. But in almost all cases it has continued higher. I think I'll hold off for a little while, but big gains like this make me nervous of a savage retrace!

Tony.
 
Re: OUTSTANDING BREAKOUT Alerts!!

abu @ open today. gap up from resistance 0.185 followed by advance
 
Re: OUTSTANDING BREAKOUT Alerts!!

ogd just moved above short term consolidation. not really outstanding, indicators pretty average really. is there a breakout thread minus the "outstanding"?
 
Re: OUTSTANDING BREAKOUT Alerts!!

its already broken out, just not outstanding
 
Re: OUTSTANDING BREAKOUT Alerts!!

Think i have a broken out alert on BSM on good volume for them.
I dont know how to cut and paste yet on this forum, so will have to look at your own charts.
PS may of missed the boat myself
 
Re: OUTSTANDING BREAKOUT Alerts!!

SRI - Sipa Res

Does this qualify for an outstanding yet? Something about to be announced?
 

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Re: OUTSTANDING BREAKOUT Alerts!!

SOO up 38 odd percent today on no news, released 3rd quarter report last week and there was some promising signs but this has come about rather suddenly.
 
Re: OUTSTANDING BREAKOUT Alerts!!

UMC again. oh yeah 100 characters.

IMO stock is undergoing major re-rating pending the drilling of high priority targets right next to BHP area C mine.
 
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