Outstanding Breakout Alerts!

[Peakey]

Re: OUTSTANDING BREAKOUT Alerts!!

PNA

Posted PNA in the Potential Breakout thread here
https://www.aussiestockforums.com/forums/showpost.php?p=208076&postcount=725

We hit fresh highs today of .93 closing on .92 on 15.4mil volume (alot higher then average volume), from what looks like a triangle formation.

Hopefully it's set to continue.

 

[cuttlefish]

Re: OUTSTANDING BREAKOUT Alerts!!

peaky - I'm no chartist so excuse me if this is a dumb question - but how do those green/red arrow locations on that chart get decided, and what exactly do they mean?

 

[Peakey]

Re: OUTSTANDING BREAKOUT Alerts!!

peaky - I'm no chartist so excuse me if this is a dumb question - but how do those green/red arrow locations on that chart get decided, and what exactly do they mean?

Hi Cuttlefish,

In a nutshell, Green arrows are my potential BUY signals (signals are generated based on new highs in the stock, high volume, trading in a bullish trend etc)

Red arrows are the MACD crossing over to the negative, potential SELL signals.

PM me if you would like a bit more info.

Cheers
Peakey

 

[cuttlefish]

Re: OUTSTANDING BREAKOUT Alerts!!

Thanks Peakey

 

[j4mesa]

Re: OUTSTANDING BREAKOUT Alerts!!

GRL : Gawler Resources

 

[BIG BWACULL]

Re: OUTSTANDING BREAKOUT Alerts!!

MPO huge volume 25,420,001 shares currently at 19c

 

[noirua]

Re: OUTSTANDING BREAKOUT Alerts!!

Felix Resources (FLX) seem to have come close to a decisive breakout from their 5 month trend to hit a 4.5 year high. The chart is at http://www.felixresources.com.au

Important mines are at Yarrabee and Minerva in Queensland and Ashton in the Hunter Valley. The major project is at Moolarben.

Coal is often seen as a boring investment, when compared with Gold and Uranium etc, however, thermal coal is one of Australia's most important developing markets.

 

[Awesomandy]

Re: OUTSTANDING BREAKOUT Alerts!!

Felix Resources (FLX) seem to have come close to a decisive breakout from their 5 month trend to hit a 4.5 year high.

I think this is worth a chart right here in the thread. Looks like a double bottom, and then went for the turbo.

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

QTK seems to passed under mosts radar.

Bought on open yesterday.Expect this to pull back soon on its way out of here.

 

[nizar]

Re: OUTSTANDING BREAKOUT Alerts!!

QTK seems to passed under mosts radar.

Bought on open yesterday.Expect this to pull back soon on its way out of here.

Nice pick up.
Seems kinda weird this stock.
Definately gone under the radar; look at the volume.
I must admit I've never seen a sub-10c stock breakout on 1mil volume.

Must be tiny market cap, for such few buyers to have to chase the price up like that.
Interesting.

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

Nice pick up.
Seems kinda weird this stock.
Definately gone under the radar; look at the volume.
I must admit I've never seen a sub-10c stock breakout on 1mil volume.

Must be tiny market cap, for such few buyers to have to chase the price up like that.
Interesting.

Nizar.
Youve raised a point which most get hung up on and many get caught.
The issue of volume.
High volume CAN mean high supply---lots of sellers. What I look for and did so in this issue was the background story told in Volume and price range.
(1) I look for backgound dumping of weak holders.
(2) A period of push pull consolidation as the last get shaken out.
(3)Clear breakout volume on a short range bar 15/10 is that bar.
(4) Followed by LOW Volume Price increase (No selling pressure)
Yesterday was a bonus High volume new buyers!Thats where price is likely to pullback to if it does.

So High volume Wide range Breakouts ISNT what I look for this can be and is often weakness.

I'm NOW looking for weakness and quick profit from todays very wide range bar.
Keep an eye on it!

 

[bigdog]

Re: OUTSTANDING BREAKOUT Alerts!!

QTK seems to passed under mosts radar.

Bought on open yesterday.Expect this to pull back soon on its way out of here.

SP has taken off this morning +0.024 +32.00%

QTK 0.099 +0.024 +32.00% high of 0.10 1,832,671 shares $176,177 @ 18-Oct 11:10:50 AM

 

[explod]

Re: OUTSTANDING BREAKOUT Alerts!!

SP has taken off this morning +0.024 +32.00%

QTK 0.099 +0.024 +32.00% high of 0.10 1,832,671 shares $176,177 @ 18-Oct 11:10:50 AM

Looking like a mugs play to me. Low volume play over the last few days and selling moving in on 10cent resistance

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

Happy to be a mug.
Stepping outside of normally accepted principals is where the money is.
Fortunately the crowd often think the way you do Explod.

Sold out of some at .97. (100K of 300K)
50% on that lot.

 

[explod]

Re: OUTSTANDING BREAKOUT Alerts!!

Happy to be a mug.
Stepping outside of normally accepted principals is where the money is.
Fortunately the crowd often think the way you do Explod.

Sold out of some at .97. (100K of 300K)
50% on that lot.

Accept what you say no worries. Just that as posted on BREAKOUTS can be very dangerous for the inexperienced and unwary. Lot of iffs with this Co. also, could be something in the pipeline, but big if. I believe we have some responsibility to safeguard this great forum with observations that save each other.

There can be a close line between outside the square and gung-ho also.

 

[nizar]

Re: OUTSTANDING BREAKOUT Alerts!!

Accept what you say no worries. Just that as posted on BREAKOUTS can be very dangerous for the inexperienced and unwary. Lot of iffs with this Co. also, could be something in the pipeline, but big if. I believe we have some responsibility to safeguard this great forum with observations that save each other.

There can be a close line between outside the square and gung-ho also.

Well I think even tech/a's purchase was a bit late.
Monday was already confirmation where she clearly broke out of the downtrend on volume.
Tuesday would be the day to get in.
All in hindsight of course.
Never got in on it as I rarely watch the screen these days.

And tech/a, surely you had to clean out a few levels to get your 300k considering the total daily volume was a 1mil for yesterday?

Either way, good trade, well done

You're almost tempting me into get back into this daytrading business. DYL, MLS, WMT, PEN, not to mention JMS oh my, sooo many good memories from last summer are coming back to me now!

 

[tech/a]

Re: OUTSTANDING BREAKOUT Alerts!!

Well Nizar
It appears that unless you and I have a beer I cant tell you how I eased into the position (Sizing/Risk/R/R was/is important) or how I'll eventually get out OR buy more.
To me its a simple exercise but some may have seen it as a little complex.

 

[nizar]

Re: OUTSTANDING BREAKOUT Alerts!!

STS had a good run today.
Ran all day and closed at the high.
Buyers didn't stop chasing, though the volume was very ordinary.

Disc: I hold.

 

[greenfs]

Re: OUTSTANDING BREAKOUT Alerts!!

You will see from the attached graph that RealEstate.com (REA) is an advance break out. Only trouble is my broker has been speaking to someone at Baillieu today and they are of the opinion that it may run to $10. This opinion is based upon the underlying strengts plus the fact that the stock is tightly held.

I am not a stock holder, but might buy in tomorrow on the US market-led correction. I would appreciate comments from others..

 

[ta2693]

Re: OUTSTANDING BREAKOUT Alerts!!

ATV breaks out