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Re: OUTSTANDING BREAKOUT Alerts!!

Boggo, these posts should probably be in the potential, not outstanding, breakouts threads...

You may be right prawn, I do realise that my posts RIV etc were in the wrong thread the other day.
The two above (RIV and BBG) were potentials yesterday but both look outstanding at the moment :D
 
Re: OUTSTANDING BREAKOUT Alerts!!

How do you define an 'Outstanding Breakout'?

A good question kam, my way of thinking is that one has the potential to breakout (yesterday RIV BBG) whereas today they have the potential to be outstanding.

ESG was an outstanding breakout at 0.385 as was SGM at 14.44, I don't see much point in posting that it was outstanding, I would rather point it out at the event.

Chart of SGM below
 

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Re: OUTSTANDING BREAKOUT Alerts!!

I would say that an outstanding breakout on a daily chart is a breakout that has the following

1. significant resistance breakout
2. a large volume expansion accompanying the breakout
3. a firm, decisive close above resistance on the first day
4. has a good follow through the next day.
 
Re: OUTSTANDING BREAKOUT Alerts!!

Hi Guys,, One that stood out for me today was MGX...
and what i do diff is i count a break out as per the red line on chart not the blue......:):)

works for me..

anyway a clear goer imo,,, should make some $ tomorrow :)
 

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Re: OUTSTANDING BREAKOUT Alerts!!

PS also love the reverse Hammer yesterday with vol.. and no doubt a bounce
from a fib number as well....

Love these :p:
 
Re: OUTSTANDING BREAKOUT Alerts!!

Originally posted by Boggo:

ESG was an outstanding breakout at 0.385 as was SGM at 14.44, I don't see much point in posting that it was outstanding, I would rather point it out at the event.

Absolutely spot on Boggo, The title thread "Outstanding Breakout ALERTS" surely implies that it should be pre-event not post event news.

Always good to look at these to see if you guys (and gals) are on the money with your analysis:)
 
Re: OUTSTANDING BREAKOUT Alerts!!

New to this forum ..

Agree that it looks good - I saw it forming a flag and the measurement goes to around .75-.80 cents.

By the way ... is there a general discussion board for technical analysis here -- specifically patterns etc.

cheers,

jif
 
Re: OUTSTANDING BREAKOUT Alerts!!

New to this forum ..

Agree that it looks good - I saw it forming a flag and the measurement goes to around .75-.80 cents.

By the way ... is there a general discussion board for technical analysis here -- specifically patterns etc.

cheers,

jif


Patterns ............. Not that i Know of jiff99.... should start one..
The best trades come from them...... pure n simple..:D
 
Re: OUTSTANDING BREAKOUT Alerts!!

New to this forum ..

Agree that it looks good - I saw it forming a flag and the measurement goes to around .75-.80 cents.

By the way ... is there a general discussion board for technical analysis here -- specifically patterns etc.

cheers,

jif

Jif there a quite a few threads in T/A and use of patterns.

Just use the search function and you will have hours of reading in front of you:D
 
Re: OUTSTANDING BREAKOUT Alerts!!

This would surely qualify as an outstanding breakout today.
Yesterday it closed just one cent above a recent high.

These breakouts are something else at the moment :D
.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Hi Guys,, One that stood out for me today was MGX...
and what i do diff is i count a break out as per the red line on chart not the blue......:):)

works for me..

anyway a clear goer imo,,, should make some $ tomorrow :)

:D not lookin too flash m8


no "FIGJAM" attached to this one i see :D
 
Re: OUTSTANDING BREAKOUT Alerts!!

Hi Guys,, One that stood out for me today was MGX...
and what i do diff is i count a break out as per the red line on chart not the blue......:):)

works for me..

anyway a clear goer imo,,, should make some $ tomorrow :)

Hi Rockon2,

Can I ask how the TP labels are placed on the chart?

Are they (i) simply added manually by yourself, or (ii) automatically positioned. If its (ii) then what criteria do you use? Highest High/ Lowest Low over x periods, using Zig Zag indicatror (% swings), etc?

Just interested....
 
Re: OUTSTANDING BREAKOUT Alerts!!

MGX is a potential breakout probably but until it closes EOD above this resistance on volume and then test it or break away, it seems like a ramp to say breakout. :2twocents

I posted a chart similar to this a while ago, I think in the MGX thread.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Now I know gow to put up the graphs I will re send the message

MLS 4.3M tradted this week and nearly 6M this week up 33% today and testing the majical 1.7 cents. She breaks from 1.7cents and she will be flying. Good sector to be in also Uranium and gold.
Kind regards
Gabie
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Now I know gow to put up the graphs I will re send the message

MLS 4.3M tradted this week and nearly 6M this week up 33% today and testing the majical 1.7 cents. She breaks from 1.7cents and she will be flying. Good sector to be in also Uranium and gold.
Kind regards
Gabie
Your graph doesn't really do it justice gabie.
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Your graph doesn't really do it justice gabie.

Which graph do you have?, This should be better with fibo numbers and the works. I still stick to mine 1.7 cent break
kind reg
gabie
 

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Re: OUTSTANDING BREAKOUT Alerts!!

Now I know gow to put up the graphs I will re send the message

MLS 4.3M tradted this week and nearly 6M this week up 33% today and testing the majical 1.7 cents. She breaks from 1.7cents and she will be flying. Good sector to be in also Uranium and gold.
Kind regards
Gabie
Hi Gabie,

Why will she be flying? How can you be sure of this?

I am with Kennas on this one, your chart is not convincing at the least.
 
Re: OUTSTANDING BREAKOUT Alerts!!

personally think the MLS break from its base is rather outstanding , dont think i will be entering at this point of its climb tho
 
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