Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

history repeats eh..

look at the identical situation in June.

bit of a worry??

True but if SDL holds these gains alla june then i will be happy
Better for me if they hold and gain rather than fly and crash
 
Re: OUTSTANDING BREAKOUT Alerts!!

Just had a look at the past 3 pages and noticed that the large majority of these "Breakouts" were exhaustive.
In the larger majority of cases trading them short would have been very profitable.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Just had a look at the past 3 pages and noticed that the large majority of these "Breakouts" were exhaustive.
In the larger majority of cases trading them short would have been very profitable.

I think that most breaks would be pretty exhausted by the time they are confirmed and posted here. I personally think of this thread as a learning tool - how to pick the next one that might break. :)
 
Re: OUTSTANDING BREAKOUT Alerts!!

Tech/a, by exhaustive I suppose you mean that it doesnt have enough volume, or it has volume but price does not close high due to sellers. What other signs do you look at?
 
Re: OUTSTANDING BREAKOUT Alerts!!

TZL has broken out

was in downtrend for last 3 and half months, at the end of downtrend a tightening in price and then it broke through the downtrend on a large increase in volume. Has been in an uptrend since finding the bottom around $2 and crossed MACD.

10% increase in price yesterday and now a 15% + increase this morning, gapped up around 10% and it still rising.


I might add some possible reasons for re-rating

1 - Article in magazine
2 - Significant developments with US customers
3 - Company gaining control of patent
 

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Re: OUTSTANDING BREAKOUT Alerts!!

AAM. This broke out Friday. Sorry didn't post earlier.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

RDR, longer term looking break.

Currently in the green circle.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

RAU...
Just reached .048. Is currently up 15% on all time highs I think. Would this be considered a breakout? Sorry not any good at charts and things.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Now at 72.

Funny how these things coincide with all time market highs... :rolleyes:

You can say that again is this one outstanding or astronomical (bit like the china story its starting to get steep :eek:)
 

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Re: OUTSTANDING BREAKOUT Alerts!!

TZL breaking out and continuing to break out. major re-rating underway after a long consolidation period.

broke all time highs at 3.60 odd and found some temporary short term support at $4 on slight retrace.

retraced from highs today at $7.20, so new all time high to break. not sure where it may pull back to to find support, a lot of gaps on the way up.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Looks steeper over the 9+ months of its life :eek:
Currently at $1.80 on good volume
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Have a look at CIG people, it looks like its breaking out. If someone could put up a graph that would be nice.. No information released, if anyone knows anything plz share.
 
Re: OUTSTANDING BREAKOUT Alerts!!

AGX jumped today with volume. Haven't seen anything to explain this, no way to know what will happen next. Check announcements tomorrow.
 

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