Potential Breakout Alerts!
- Thread starter Sean K
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Big Gap-Up day and looks like may breakout higher over the levels above...
Disc: I hold a few shares in the Medium/Longer Term Stock Portfolio
Disc: I hold a few shares in the Medium/Longer Term Stock Portfolio
Sean K
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Could be something brewing here. I've been looking at it as a tin play and not sure what the catalyst will be for a re-rating other than the POT. But looks like it could be winding up to break out, or down...
greggles
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Any announcements coming up? I haven't been following MLX but the recent price action looks like it's waiting for news.
Sean K
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I don't think so. I went through the last company presentation yesterday and nothing jumped out at me. They've committed quite a bit to exploration to extend the tin mine and they've got a Ni-Co project they need a partner for. Pretty ho hum. $200m MC, but they reckon they're undervalued. Of course. Australia's 'premier tin producer'. Tin has been pretty boring for a while but now they're riding the energy, tech, battery metal bandwagon.
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Historically has done well with Tin. It's been a consistent dividend player in the past when it was a pure Tin play which I enjoyed in some yesteryear long ago.
Then they got greedy or didn't know what to do with all that profits pouring out of their Tin mine, so they ventured into a terrible Copper investment and had been heavily wounded, not to mention completely stopping the dividends as a result.
I think MLX is looking better since finally making the decision to get rid of the Nifty copper mine, to stop the heavy blood shed. What a name Nifty, yeah right ?
Could be a good turn-around mining play...time will tell. If all goes well, who knows if they even bring the dividends back one day
Then they got greedy or didn't know what to do with all that profits pouring out of their Tin mine, so they ventured into a terrible Copper investment and had been heavily wounded, not to mention completely stopping the dividends as a result.
I think MLX is looking better since finally making the decision to get rid of the Nifty copper mine, to stop the heavy blood shed. What a name Nifty, yeah right ?
Could be a good turn-around mining play...time will tell. If all goes well, who knows if they even bring the dividends back one day
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Agree with above posters on MLX, that this is a Triangle/Wedge formation and could potentially break to the upside in the coming days...
TechnoCap
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first stop $0.28 then $0.33 after that $0.44 - if this one trends north that is
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FLN has has had a strong run up in the last few days since the early coverage back in March and now looks to be pushing higher...
DRO on watchlist after today's strong finish - one to watch on break of 0.20c imo
asx.swingtradebot.com
DRO Share Technical Analysis | DroneShield Ltd
Current Technical Analysis and interactive chart for $DRO stock / shares. See the current trading strategy, trend(s), rating and buy and sell signals.
Sean K
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This looks like an interesting set up.
Today's action may have just been in relation to this ann.
Today's action may have just been in relation to this ann.
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Today looked like breaking out higher intra-day only to pull back by the end of the day. Bought some shares during the day going with the possible breakout that was happening. Further reasons for buying are in Speculative Stock Portfolio
Sean K
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Sometimes these things to work out. 
Will probably break down now...
Will probably break down now...
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Just about to... or Breaking out now (depends on which chart you look at), so I'll present both charts for KLL:
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POS
a "lot" of good signals, breaking 10c would be key to breaking the previous high and the roof of the channel
www.tradingview.com
a "lot" of good signals, breaking 10c would be key to breaking the previous high and the roof of the channel
Chart Image
Sean K
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Please DYOR
Looks like a potential breakout, but I’m always wrong
Looks like a potential breakout, but I’m always wrong
Stockbailx
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you can see a cup & handle in the making. Good luck with that one! GRRR
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You guys got onto it first, some of the iron ore juniors are showing good price rises and has potential to break out such as GRR. SRK is another one I noticed:
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