Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

The Mint Man said:
is anyone watching this one or what??? :confused:
Vol gone through the roof... over 20 million ATM. last 3 days have averaged just 6.7 million so something is going on.... again!

Nice Breakout out of the micro triangle. Wish i spotted it sooner Minty.

Cheers,
 
Re: POTENTIAL BREAKOUT Alerts

Snakey said:
potential breakout with high volume... jrv

Been watching it for a few days now. Buy-to-Sell stack is not quite 2-1 though, but price is holding at .015c since last annoucement re: Chinese.

Volume is a bit down today. This stock has something llike 1 billion shares.
 
Re: POTENTIAL BREAKOUT Alerts

jrv buy stack is looking better.

im not brilliant at these though. just an uptrend? Snakey?
 
Re: POTENTIAL BREAKOUT Alerts

atv is breaking out of a wave 2 consolidation (graph speaks for itself)
- although volumes are small they are still significant when considering average volumes for this stock.
- (not a stock for day traders)
- needs to break above 15c and stay there to be credible.
 

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Re: POTENTIAL BREAKOUT Alerts

VMS has not opened yet but it will be in blue sky territory as soon as it does. Coming out of a 2 day trading halt announcing a Olympic dam style mineralization at Churchill Dam
 
Re: POTENTIAL BREAKOUT Alerts

AED... again. Needs to go through 5.05... but has huge momentum right now.
 
Re: POTENTIAL BREAKOUT Alerts

CXS - one to watch here.
 
Re: POTENTIAL BREAKOUT Alerts

FLX :

Same Set-up as 12/09/06 ?

RSI, Vol, Relative Vol all appear similar .

Disclosure : Hold and added at close today

Cheers.
 

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Re: POTENTIAL BREAKOUT Alerts VRE

Nice Chart ... this huge double bottom, come saucer shape is looking promising. Has just gone above a significant high in 2005 and appears to be consolidating ... With overall volume up and vol confirming the daily moves.

Great target! as if it continues to move up .... the next major resistance is 55c. ......... a target of 53c if u invert the saucer. I like it when both targets are similar :)

If there's strong volume I'll be grabbing a few more if it hits .36
 

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Re: POTENTIAL BREAKOUT Alerts

FLX:

A ATR/RSI System I've been trialing:

The green Arrows are the trigger --- the red, the initial Stop for the green to the right. --- thence a rising Target (green line) and a rising stop (red line).

Cheers
 

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Re: POTENTIAL BREAKOUT Alerts VRE

Sweet Synergy said:
Nice Chart ... this huge double bottom, come saucer shape is looking promising. Has just gone above a significant high in 2005 and appears to be consolidating ... With overall volume up and vol confirming the daily moves.

Great target! as if it continues to move up .... the next major resistance is 55c. ......... a target of 53c if u invert the saucer. I like it when both targets are similar :)

If there's strong volume I'll be grabbing a few more if it hits .36

Just be careful about a head and shoulders formation for VRE and a return to its base level of 20-24c. Best of luck with it.

Garpal
 
Re: POTENTIAL BREAKOUT Alerts

Thanks for the warning and pointing that out Garpal :) ... I must admit I hadn't really bothered to take the head n shoulders into account as I would sort of consider current move to be a "new move" and at a glance it looked as though it had already reached its target. So apprieciate a fresh look.

Having done the chart (properly!) yep your right, hasn't reached its bottom target of about 9c. Still feel that if it breaks it's current resistance it's really doing a new significant move and left that pattern behind ... be interested in any thoughts though!

RE: VRE fundamentals - they seem fairly solid ...
Over-subscribed share placement (quoted on ASX Dec '06) so they are cashed up and have the infrastructure in place to supply their forward gold contracts. Nickle interests as well.

RM Research value View at 42 cents with production at Bronzewing and
exploration at Carnilya Hill remaining on track and on budget. Further share
price upside is likely following Bronzewing commissioning and a resource
statement on Carnilya Hill anticipated in March 2007
(from recent independant research paper ... http://www.viewresources.com.au/ann...f?PHPSESSID=05f7709ecc20c13e0e20beb76daeb4ab)


VRE continued to consolidate today ... so will be interesting to see if it can break the .36 mark and continue it's up-trend ...


Discloser: position
 

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Re: POTENTIAL BREAKOUT Alerts

Sweet Synergy said:
Thanks for the warning and pointing that out Garpal :) ... I must admit I hadn't really bothered to take the head n shoulders into account as I would sort of consider current move to be a "new move" and at a glance it looked as though it had already reached its target. So apprieciate a fresh look.

Having done the chart (properly!) yep your right, hasn't reached its bottom target of about 9c. Still feel that if it breaks it's current resistance it's really doing a new significant move and left that pattern behind ... be interested in any thoughts though!

RE: VRE fundamentals - they seem fairly solid ...
Over-subscribed share placement (quoted on ASX Dec '06) so they are cashed up and have the infrastructure in place to supply their forward gold contracts. Nickle interests as well.

RM Research value View at 42 cents with production at Bronzewing and
exploration at Carnilya Hill remaining on track and on budget. Further share
price upside is likely following Bronzewing commissioning and a resource
statement on Carnilya Hill anticipated in March 2007
(from recent independant research paper ... http://www.viewresources.com.au/ann...f?PHPSESSID=05f7709ecc20c13e0e20beb76daeb4ab)


VRE continued to consolidate today ... so will be interesting to see if it can break the .36 mark and continue it's up-trend ...


Discloser: position

Dear SS,

Thanks v much I'll put it on my watchlist

Garpal
 
Re: POTENTIAL BREAKOUT Alerts

USA smart money graph is showing classic signs of a coming price rise, confirmed by a sharp trend reversal yesterday. Will it actually breakout above January's peak? Maybe, maybe not; but even if it gets most of the way there it may be worth getting on board. DYOR
 

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Re: POTENTIAL BREAKOUT Alerts

PEL smart money analyser suggests that the recent fall in SP is likely to reverse
 

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Re: POTENTIAL BREAKOUT Alerts

Can you show the volume, indicators can be tricky to interpret. Lets look at whats happening with price and volume, and then we'll look at the indicators .

Garpal
 
Re: POTENTIAL BREAKOUT Alerts

moses said:
PEL smart money analyser suggests that the recent fall in SP is likely to reverse
Moses, This looks a long way from being classified as a potential break out to me. :confused: Can you explain this a little more. Cheers.
 
Re: POTENTIAL BREAKOUT Alerts

kennas said:
Moses, This looks a long way from being classified as a potential break out to me. :confused: Can you explain this a little more. Cheers.
Hi Kennas,

iiuc, when the black line (smart money indicator) rises ahead of the blue line (supply/demand) then there is a good chance that the SP (yellow line) will follow suit. Admittedly that indicator alone is a bit thin, but what I found equally encouraging was the rising trend of the SMI, which suggests that PEL's present SP was suffering from profit takers and will soon bounce back, and potentially take out the previous highs.

Hope this helps, sorry if it seems a bit tenuous atm. Give it a couple of days and we'll know better.
 
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