Potential Breakout Alerts!
- Thread starter Sean K
- Start date
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,141
- Reactions
- 11,269
Re: POTENTIAL BREAKOUT Alerts
Snakey, if it's a breakout, it goes in the breakout thread. It's not really THAT hard is it. To put things in the right threadSnakey said:just a chart for the charties
this is a text book breakout of a down trend on high volume IMO
Yes I am a holder...no this is not a ramp...just an awareness program..right YT
Re: POTENTIAL BREAKOUT Alerts
but you just said it was not even a potential
maybe joe can move it if he likes
kennas said:Snakey, if it's a breakout, it goes in the breakout thread. It's not really THAT hard is it. To put things in the right thread
but you just said it was not even a potential
maybe joe can move it if he likes
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,141
- Reactions
- 11,269
Re: POTENTIAL BREAKOUT Alerts
Snakey, I'm wasting too much of my time managing this thread because people are putting in breakouts, or just ramps.
Unfortunately, from now on, I'm not going to explain why something should not be here, it's just going to be deleted. If you have something deleted, then you will know it should not be here. You can then decide which thread you should have put it in.
I'm not picking on you Snakey. You have some great things to add, but you've just got to put them in the right place!!!
You're the one claiming it's a breakout:Snakey said:but you just said it was not even a potential
maybe joe can move it if he likes
Snakey said:just a chart for the charties
this is a text book breakout of a down trend on high volume IMO
Yes I am a holder...no this is not a ramp...just an awareness program..right YT
Snakey, I'm wasting too much of my time managing this thread because people are putting in breakouts, or just ramps.
Unfortunately, from now on, I'm not going to explain why something should not be here, it's just going to be deleted. If you have something deleted, then you will know it should not be here. You can then decide which thread you should have put it in.
I'm not picking on you Snakey. You have some great things to add, but you've just got to put them in the right place!!!
Re: POTENTIAL BREAKOUT Alerts
Joe and Kennas please keep this thread open for those of us that value early indentification of potential breakouts. Just delete the ramps. Kennas your doing a great job and i think your charts and comments are right on the mark.
Joe and Kennas please keep this thread open for those of us that value early indentification of potential breakouts. Just delete the ramps. Kennas your doing a great job and i think your charts and comments are right on the mark.
- Joined
- 26 October 2006
- Posts
- 327
- Reactions
- 0
Re: POTENTIAL BREAKOUT Alerts
Hear hear!
I hope self-regulation prevails over enforced controls - like having the thread removed.
This is a valuable learning resource, particularly for novices like myself. Let's not ruin it with ramping and unsubstantiated opinion.
Hear hear!
I hope self-regulation prevails over enforced controls - like having the thread removed.
This is a valuable learning resource, particularly for novices like myself. Let's not ruin it with ramping and unsubstantiated opinion.
- Joined
- 18 February 2006
- Posts
- 4,200
- Reactions
- 2
Re: POTENTIAL BREAKOUT Alerts
Joe, Kennas, you guys are doing an amazing job and I think lots of people benefit from this thread,
It would be a shame for it to be removed, I say just simply delete those posts which are unfit of being up,
Also Snakey what are you on about?
On a serious note, I think CAZ is doing a breakout from 70c resistance, I'm not sure if its outstanding yet as the buy support is thin, volume was high and it closed 77.5c, well above 70c resistance, looks set to open this morning at 80c, Will need more volume and support to confirm breakout though IMO
Joe, Kennas, you guys are doing an amazing job and I think lots of people benefit from this thread,
It would be a shame for it to be removed, I say just simply delete those posts which are unfit of being up,
Also Snakey what are you on about?
Snakey said:no this is not a ramp...just an awareness program..right YT
On a serious note, I think CAZ is doing a breakout from 70c resistance, I'm not sure if its outstanding yet as the buy support is thin, volume was high and it closed 77.5c, well above 70c resistance, looks set to open this morning at 80c, Will need more volume and support to confirm breakout though IMO
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,141
- Reactions
- 11,269
Re: POTENTIAL BREAKOUT Alerts
IMA is out of the potential and into breakout.
Still low volume, but it seems to be thinly traded..
IMA is out of the potential and into breakout.
Still low volume, but it seems to be thinly traded..
kennas said:Ref IMA
For those following this 'potential' - it may be too late to get it as a potential now. Trading at $2.12, but volume still not great. Well, we picked it.
Might have to transfer this to the breakout thread. Another winner perhaps!
Must add...the days not over. I hate calling these things mid day....who knows what the afternnon might bring. Could end up with egg everywhere.
Must also add on reflection, that the volume still isn't doing it for me at this stage, so I might have to go back to the fence....
- Joined
- 27 April 2006
- Posts
- 523
- Reactions
- 1
Re: POTENTIAL BREAKOUT Alerts
Kennas -- if this is not applicable to your thread please delete it.
KZL -- and Precision Pattern Trading:
Although most unorthodox for the vast majority of patter traders, this is a set-up i use constantly:
KZL was in a A/Triangle:
Tri Target + 70cents from 6.70 = 7.40.
Stop = Tri Angle - 70 cents.
Buy -- anywhere within the Tri -- before the breakout.
If I miss buying during the Tri formation I often alter the buy rule and as long as the SP remains above the rising STOP -- take out a Position.
I have the STOP today @ 6.12
disclosure : took a long position yesterday.
Cheers
Kennas -- if this is not applicable to your thread please delete it.
KZL -- and Precision Pattern Trading:
Although most unorthodox for the vast majority of patter traders, this is a set-up i use constantly:
KZL was in a A/Triangle:
Tri Target + 70cents from 6.70 = 7.40.
Stop = Tri Angle - 70 cents.
Buy -- anywhere within the Tri -- before the breakout.
If I miss buying during the Tri formation I often alter the buy rule and as long as the SP remains above the rising STOP -- take out a Position.
I have the STOP today @ 6.12
disclosure : took a long position yesterday.
Cheers
Attachments
- Joined
- 27 April 2006
- Posts
- 523
- Reactions
- 1
Re: POTENTIAL BREAKOUT Alerts
hi coyotte, have just been back through the C/B thread the other night to refresh my memory as i am new to trading and still trying to learn and hold all info in my head.
i thought the C/B stop was:
Count Back STOPS are done the same way :
From the recent high bar count back untill U find a bar with lower low than the low of the high bar = CB2 -- from CB2 find the next bar with a lower low = CB3.
so would 1.51- CB2 and 1.495 -CB3 as todays low is 1.55 which is lower than yesterdays low 1.555
hi coyotte, have just been back through the C/B thread the other night to refresh my memory as i am new to trading and still trying to learn and hold all info in my head.
i thought the C/B stop was:
Count Back STOPS are done the same way :
From the recent high bar count back untill U find a bar with lower low than the low of the high bar = CB2 -- from CB2 find the next bar with a lower low = CB3.
so would 1.51- CB2 and 1.495 -CB3 as todays low is 1.55 which is lower than yesterdays low 1.555
- Joined
- 27 April 2006
- Posts
- 523
- Reactions
- 1
Re: POTENTIAL BREAKOUT Alerts
From yesterdays HIGH 1.58
to FRI Jan 12 LOW 1.495
is the current STOP.
I was presuming a HIGHER HIGH would be put in place to allow the >1.565 CLOSE to take place.
sorry my mistake
Cheers
From yesterdays HIGH 1.58
to FRI Jan 12 LOW 1.495
is the current STOP.
I was presuming a HIGHER HIGH would be put in place to allow the >1.565 CLOSE to take place.
sorry my mistake
Cheers
- Joined
- 27 April 2006
- Posts
- 523
- Reactions
- 1
Re: POTENTIAL BREAKOUT Alerts
The C/B is as follows :
17/01 : HIGH
16/01 : cb 1 Low
15/ 01 : N/A -- LOW IS HIGHER THAN 16/01
12/01 : CB 2 -- this the LOW or the present STOP until SP hits a higher high than 1.565
cheers
The C/B is as follows :
17/01 : HIGH
16/01 : cb 1 Low
15/ 01 : N/A -- LOW IS HIGHER THAN 16/01
12/01 : CB 2 -- this the LOW or the present STOP until SP hits a higher high than 1.565
cheers
- Joined
- 27 April 2006
- Posts
- 523
- Reactions
- 1
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,141
- Reactions
- 11,269
Re: POTENTIAL BREAKOUT Alerts
Just like to review one that we'd been watching for some time that we believed was actually a potential breakout. This is where the value of this thread lies in actually seeing things that have been trending for some time and look like they might be going to break and then do to good effect.
This had been ranging for a while and when the MACD started to flatten and turn it looked like momentum was shifting to the upside, but it wasn't reflected in the sp. Each time it hit $1.75 there was always good buying support, identified by the tails on the candles. There was of course resistance at $2.00, but once that was broken the previous uptrend should have continued. All it took was an ok ann, and it went off! Nice 25% ish gain, if you'd got in.
Of course, this doesn't always happen..........
Hope someone was on it!
Just like to review one that we'd been watching for some time that we believed was actually a potential breakout. This is where the value of this thread lies in actually seeing things that have been trending for some time and look like they might be going to break and then do to good effect.
This had been ranging for a while and when the MACD started to flatten and turn it looked like momentum was shifting to the upside, but it wasn't reflected in the sp. Each time it hit $1.75 there was always good buying support, identified by the tails on the candles. There was of course resistance at $2.00, but once that was broken the previous uptrend should have continued. All it took was an ok ann, and it went off! Nice 25% ish gain, if you'd got in.
Of course, this doesn't always happen..........
Hope someone was on it!
Attachments
- Joined
- 1 May 2006
- Posts
- 561
- Reactions
- 0
Re: POTENTIAL BREAKOUT Alerts
LMG-volume substantially higher over last 6 days,especially today,looks to have broken out with volume.Kennas any chance of a nice chart
LMG-volume substantially higher over last 6 days,especially today,looks to have broken out with volume.Kennas any chance of a nice chart
- Joined
- 1 May 2006
- Posts
- 561
- Reactions
- 0
Re: POTENTIAL BREAKOUT Alerts
Kennas wheres that bloody chart!Volume now up to 17Million-normal day is under 1Million.Price now up 23%
Kennas wheres that bloody chart!Volume now up to 17Million-normal day is under 1Million.Price now up 23%
Sean K
Moderator
- Joined
- 21 April 2006
- Posts
- 22,141
- Reactions
- 11,269
Re: POTENTIAL BREAKOUT Alerts
I think it's time you learnt how to do them Alan.
www.bigcharts.com
You'll work it out.
I think it's time you learnt how to do them Alan.
www.bigcharts.com
You'll work it out.
- Joined
- 28 May 2004
- Posts
- 10,859
- Reactions
- 5,268
Re: POTENTIAL BREAKOUT Alerts
Alan, this is the 'potential' breakouts thread. There is another 'Outstanding Breakouts' thread for stocks that have already broken out. Please be very careful to post in the correct thread. It isn't too hard.
alankew said:
Alan, this is the 'potential' breakouts thread. There is another 'Outstanding Breakouts' thread for stocks that have already broken out. Please be very careful to post in the correct thread. It isn't too hard.
Similar threads
