Potential Breakout Alerts!

[finicky]

Just responded to an asx query and put yesterday's volume surge (20% ^ price) down to the commencement of its drilling campaign at 8 Mile prospect ~20kms from EVN's Mt Rawdon gold mine . Another very active prospect at Eidsvold. Recently cashed up.
Thick line through 0.009-0.011 is level of resistance/support. See weekly volume spikes and positive divergence. Can probably be picked up for 1.2c; my intial buy 1.4c averaged down to about 1c via entitlement offer @ .7c

Weekly

 

[aus_trader]

I found some of the potential breakouts finding resistance at the previous high's and struggling to make a clean breakout higher this week. Below are a few of the stocks I noticed that behaviour in:

CVN:


DCC:


PLS:

Disclosure: I have taken a small position on this Lithium/Tantalum producer this week. It's not mentioned in my trading portfolios since this stock is volatile and I don't want to be shaken out due to short term volatility. I think this stock is a better play on EV (Elec Vehicle) growth compared to the various Li stocks that I have looked into as it is already producing and selling the stuff. Below are a couple of slides from the company:

Production Stats for the year:


and slowly ramping up production:

For those of you who are not familiar with mining terms such as myself, I have looked up the term "Spodumene", which is what is produced and sold as a concentrate by PLS:

 

[aus_trader]

Just noticed a high volume, gap up bar setting up for a potential breakout...

ABA:

 

[aus_trader]

Just noticed a high volume, gap up bar setting up for a potential breakout...

ABA:
View attachment 114153

Well, one day later the breakout has occurred with continuation of the high volume seen yesterday.

ABA:

I think market likes the announcement:

 

[aus_trader]

A couple of imminent potential breakouts:

AFG:


OLI:

 

[Knobby22]

A couple of imminent potential breakouts:

AFG:
View attachment 114350

OLI:
View attachment 114351

Might be a dumb question but OLI has gone exponential so won't it retrace before continuing?

 

[aus_trader]

Might be a dumb question but OLI has gone exponential so won't it retrace before continuing?

No, that's a very good question @Knobby22 , in fact it has hit the resistance at the breakout level like a brick wall and retracing as we speak. Could be a pull back opportunity, I'll keep an eye on it.

There is a store roll out happening at a fundamental level, so I think this one is worth keeping an eye on...

 

[lucifuge1968]

A couple of imminent potential breakouts:

AFG:
View attachment 114350

OLI:
View attachment 114351

I independently found OLI from my own analyses. Was going to buy but when I did reviews on the product(s) itself in Google ...it wasn't pretty. Anyway, was enough to scare me off.

 

[tech/a]

OLI
Has increased 100% through October.
So chances of it continuing are slim.

As A follower of Momentum I dont muddy the waters with
Google droppings.
Im only going to be around for a short while.


AFG
Isnt showing much life
Volume (Demand) is listless. Unless this picks up
I doubt it will break out.

But keep posting them up!!

 

[lucifuge1968]

Euro manganese EMN



EMN report : WISE OWL

 

[tech/a]

EMN

There was a Volume Control bar at 15c
This was the second and best buy signal.
Anther one that has added +100% Currently
a blow off top exhaustion pattern.

You need to recognise them early. Hard to do if
just looking at fundamentals.

In my opinion.

 

[lucifuge1968]

EMN

There was a Volume Control bar at 15c
This was the second and best buy signal.
Anther one that has added +100% Currently
a blow off top exhaustion pattern.

You need to recognise them early. Hard to do if
just looking at fundamentals.

In my opinion.

I've only just found this thread today. I had posted it in the EMN specific thread on 9th Oct. I figure it's still got potential and the attached report compliments the technicals.

 

[aus_trader]

I independently found OLI from my own analyses. Was going to buy but when I did reviews on the product(s) itself in Google ...it wasn't pretty. Anyway, was enough to scare me off.

What was so scary about OLI products ?

I thought they were trying to introduce a healthier alternative to all the fast food chains out there.

 

[lucifuge1968]

What was so scary about OLI products ?

I thought they were trying to introduce a healthier alternative to all the fast food chains out there.

I have no idea if their products are scary or not, I only noted a number of reviews weren't exactly glowing. Of course these may not be real, but I didn't feel like risking it at the time.

 

[aus_trader]

I have no idea if their products are scary or not, I only noted a number of reviews weren't exactly glowing. Of course these may not be real, but I didn't feel like risking it at the time.

I guess there will always be opposition and criticism when some company tries to make the fast food scene healthier.

I have no interest either way as we are just talking about a breakout.

But have you ever wandered if the reviews are done by the established unhealthy fast food restaurants, their franchisees and their family, extended family members and friends. I think if you throw enough crappy reviews at a newcomer such as OLI, they could bankrupt it before it has a chance to establish itself and take customers away from eating the same addictive fast fats and sugar.

 

[lucifuge1968]

ATS possibly?

 

[aus_trader]

Kissing resistance today...

Will it breakout or reverse ?

ADA:

 

[aus_trader]

Few with potential to break out in the coming days...

EOS:


BSE:


S32:


TYR:


WBC:

 

[frugal.rock]

Has already shown signs of breaking out.
Theres no immediate catalyst present to my knowledge apart from the overall high interest in uranium stocks at the moment.

AGE (Alligator Energy) is another uranium stock snapping away, I haven't looked at that just noticed it yesterday and seems to be carrying on?

 

[barney]

There's no immediate catalyst present to my knowledge apart from the overall high interest in uranium stocks at the moment.

Yeah, the News earlier in the week on the US Senate Committee's bi-partisan approval to establish a "strategic" National Uranium Reserve was a bit of a revelation/admission looking into the future, and most Uranium Stocks got a boost.

I have been too slow to cotton on to the recent U movers. Good to see you have a piece of BMN Rock. The potential has always been there; it just needed a bit of Spec fertilizer lol