Potential Breakout Alerts!

[pavilion103]

Re: POTENTIAL BREAKOUT Alerts

A couple of consolidation patterns

DJS


HVN (the green circled area was used for another thread. I'm talking about the recent flag obviously)

 

[chops_a_must]

Re: POTENTIAL BREAKOUT Alerts

And where are those in terms of longer term resistance pav?

 

[pavilion103]

Re: POTENTIAL BREAKOUT Alerts

HVN consolidating at previous resistance. I have a pending on this one.

DJS has a bit more in the way of resistance and I have decided against a pending on this one.

 

[CanOz]

Re: POTENTIAL BREAKOUT Alerts

In amibroker under "edit" you can export chart images to file.

CanOz

 

[qldfrog]

Re: POTENTIAL BREAKOUT Alerts

In amibroker under "edit" you can export chart images to file.

CanOz

+1 for that could use it indeed

 

[pavilion103]

In amibroker under "edit" you can export chart images to file.

CanOz

Thanks for that I'll check it out. Obviously wasn't aware.

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

There are quite a few bullish bottom patterns such as double bottoms, reverse head and shoulders and cup & handles around at the moments. Some samples below.

They could be worth searching out to keep an eye out for potential breaks.

Cheers
Country Lad

 

[piggybank]

Re: POTENTIAL BREAKOUT Alerts

Hi CL,

Well the tip on SBM came up trumps today with a jump of 13.5%, hopefully you were on-board yourself? I suppose it would be too cheeky to ask you the company names/codes of who the other charts belonged to?

Btw, have you found the "Holy Grail" of codes that find out these patterns? Or is it just down to hard work of looking at the charts of certain stocks?

Regards
PB

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

Hi CL,

Well the tip on SBM came up trumps today with a jump of 13.5%, hopefully you were on-board yourself?

Yes, on Friday as the market sentiment was positive as the 1 minute chart for GFriday and today below shows. It went on with it today.

I suppose it would be too cheeky to ask you the company names/codes of who the other charts belonged to?

Not at all, just hover the cursor over the charts and you will see the code.

Btw, have you found the "Holy Grail" of codes that find out these patterns? Or is it just down to hard work of looking at the charts of certain stocks?

They pop up in a few explorations which are actually looking for other criteria.

 

[DJG]

Re: POTENTIAL BREAKOUT Alerts



Anybody end up getting onto KCN?

Country Lad alerted us at about the 1.98 level. It's now at the 2.65. Not bad for 1 week.

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

Anybody end up getting onto KCN?

Country Lad alerted us at about the 1.98 level. It's now at the 2.65. Not bad for 1 week.

Yep, going along according to the script.

https://www.aussiestockforums.com/forums/showthread.php?t=5736&p=790584#post790584

Cheers
Country Lad

 

[DJG]

Re: POTENTIAL BREAKOUT Alerts

Yep, going along according to the script.

https://www.aussiestockforums.com/forums/showthread.php?t=5736&p=790584#post790584

Cheers
Country Lad

Well done mate. Locked in profits I see

 

[Kryzz]

Re: POTENTIAL BREAKOUT Alerts

JB Hi-Fi might be set for a run too, I was too hesitant to put any orders in however.

JBH strikes again.

 

[db94]

Re: POTENTIAL BREAKOUT Alerts



FOX is looking bullish with the upward triangle. Ive jumped in

 

[pavilion103]

Re: POTENTIAL BREAKOUT Alerts

Micro consolidation breakout alerts.

These are not breakouts in the traditional broader sense.

 

[mojowo]

Re: Potential & Breakout trading--Technical tips and tricks

Hi guys
Am interested on your thoughts on TTN

Im seeing a great breakout here if we move to the upside soon.

Long base and wedgeing tightly.

Worth a go?

 

[Joe Blow]

Re: Potential & Breakout trading--Technical tips and tricks

Hi guys
Am interested on your thoughts on TTN

Im seeing a great breakout here if we move to the upside soon.

Long base and wedgeing tightly.

Worth a go?

Please note that charts and analysis are compulsory when nominating/discussing a stock in this thread.

As per your suggestion charts and explanations are compulsory.

There is absolutely nothing about the TTN chart that suggests it's about to break out, and your post is little more than a ramp in its current form.

I suggest you familiarise yourself with the definition of a breakout before nominating a stock again: http://www.investopedia.com/terms/b/breakout.asp

 

[Lone Wolf]

Re: Potential & Breakout trading--Technical tips and tricks

Im seeing a great breakout here if we move to the upside soon.

Long base and wedgeing tightly.

There is absolutely nothing about the TTN chart that suggests it's about to break out, and your post is little more than a ramp in its current form.

I suggest you familiarise yourself with the definition of a breakout before nominating a stock again: http://www.investopedia.com/terms/b/breakout.asp

A little rough maybe Joe?

The main problem with mojowo's post is something that wasn't mentioned. It's in the wrong thread. This thread is for technical tips and tricks on how to identify high probability breakouts. Mojowo's post should be in the potential breakout alerts thread: https://www.aussiestockforums.com/forums/showthread.php?t=5351

This mistake has been made many times before since both thread titles look similar at first glance.

As far as a potential breakout is concerned, mojowo identified that TTN appears to have found support, formed a base, has been making higher lows while compressing into tight range. Whether this is a good potential breakout or not is a matter of opinion. I think mojowo's contribution is a valid topic of discussion, if only it were in the right thread with the required chart attached.

 

[Joe Blow]

Re: Potential & Breakout trading--Technical tips and tricks

A little rough maybe Joe?

Yes, in retrospect I may have been a little too harsh. I was suffering from a rather unpleasant headache last night and may have been a little grumpy as a result. My apologies if I came across as a little unreasonable. Perhaps it was the way I read mojowo's post, which seemed a little light on detail and more wishful thinking than a serious attempt at analysis. With no chart to put things in context, sometimes it's a little difficult to grasp where someone is coming from.

After a quick glance at the chart, I felt that there was no clear indication from either volume or price action that a breakout was imminent. Perhaps it was the time frame of the chart I was looking at.

Anyway, I certainly don't wish to discourage anyone from posting. More discussion and analysis is always a good thing.

As you suggested I have moved the last few posts to the Potential Breakout Alerts thread.

 

[pavilion103]

Will post charts later if I get time.

Currently watching:
WEB
CNU
IFM
AAD