Outstanding Breakout Alerts!

[AlterEgo]

Re: OUTSTANDING BREAKOUT Alerts!!

Not sure what you regard as being 'outstanding' but DOM has made a breakout recently.

 

[Boggo]

Re: OUTSTANDING BREAKOUT Alerts!!

When I see that pattern I am reminded of Miner's comment of always knowing what wave a breakout is on, in this case it is a caution.

That is viewing it from an Elliott wave perspective and my amateur worth while bearing in mind that I am wrong more often than right

(click to enlarge)

 

[AlterEgo]

Re: OUTSTANDING BREAKOUT Alerts!!

Hi Boggo,

Well I've got my stop-loss at break-even, so it's a risk free trade for me now. I'll just wait and see where it goes to from here. 9% profit isn't too bad for 3 days work though.

 

[Boggo]

Re: OUTSTANDING BREAKOUT Alerts!!

Hi Boggo,

Well I've got my stop-loss at break-even, so it's a risk free trade for me now. I'll just wait and see where it goes to from here. 9% profit isn't too bad for 3 days work though.

Nice work, its looking good.

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

Does it get much better than this?

 

[nizar]

Re: OUTSTANDING BREAKOUT Alerts!!

Does it get much better than this?

I think not!
Thats TEXTBOOK!

 

[Sean K]

Re: OUTSTANDING BREAKOUT Alerts!!

I think not!
Thats TEXTBOOK!

Bound to fall over today.

 

[AlterEgo]

Re: OUTSTANDING BREAKOUT Alerts!!

Just an update on the breakout of DOM that I mentioned above.

The initial breakout price was $3.75 and it reached a high of $5.49 before its drop on high volume today. Looks like it’s run is over, for the time being anyway. It had a pretty good run while it lasted.

 

[Sweet Synergy]

JML

Nice large volume today

I like this chart as it has an area of confluence that its breaking

The horizontal resistance.
The falling resistance of the last 5 months.
Also crossing a much longer falling resistance line (starting from the high turning point in Oct 2007)

 

[prawn_86]

Re: OUTSTANDING BREAKOUT Alerts!!

I really dont see what is so outstanding about that breakout SS. Potential maybe, but not outstanding in my books

 

[Sweet Synergy]

JML chart

Here's the weekly chart

 

[Sweet Synergy]

Re: OUTSTANDING BREAKOUT Alerts!!

Thanks Prawn, sorry I've posted this in the wrong section

 

[Sweet Synergy]

Re: OUTSTANDING BREAKOUT Alerts!!

Ok ... think this one fits this forum

Great volume break (was most traded small cap the day it broke on the 24th)

Might be worth watching as could be consolidating for another break up. It has a similar look to the 2 enormous moves made in April/May 07 and May 08

 

[saiter]

Re: OUTSTANDING BREAKOUT Alerts!!

Not sure if this qualifies as a potential breakout:

 

[wintermute]

Re: OUTSTANDING BREAKOUT Alerts!!

OK It's been a damn long time coming, but I think VPE deserves a place in this thread now Note I have been posting elsewhere that I reckon it is overbought and ripe for a pullback (I sold some at 42.5c) but it is still powering on.

Cup and handle formed, and then wooshka.... volume dropped a little today, must be due for a breather soon.

Note that this chart doesn't show todays action which saw open at 44.5 and close at 49c so another big white candle...

Note that it is getting one hell of a ramping over at HC, it is somewhat shameful to read.

Tony.

 

[noirua]

Re: OUTSTANDING BREAKOUT Alerts!!

Uranium Exploration Australia have made a sudden breakout with a rise of 25% on Friday.

 

[gresim25]

Re: OUTSTANDING BREAKOUT Alerts!!

nice breakout today for IVA

 

[Boggo]

Re: OUTSTANDING BREAKOUT Alerts!!

Breakout on COI yesterday followed through nicely today.

(click to expand)

 

[gresim25]

Re: OUTSTANDING BREAKOUT Alerts!!

EER on nice volume today

 

[Loose]

Re: OUTSTANDING BREAKOUT Alerts!!

1mil is good volume?

That's only 204K total or 50K market wide increase