Potential Breakout Alerts!

Porper · 16 February 2007

Re: POTENTIAL BREAKOUT Alerts

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

This breakout thread is getting manipulated by some rampers.

How on earth is PEL a breakout.It has gone from 0.22 to 0.155 in 2 weeks.

Oh, I get it, a break down ???

As it happens I like PEL, but it is not a breakout at the moment.

moses · 16 February 2007

Re: POTENTIAL BREAKOUT Alerts

Porper said:
This breakout thread is getting manipulated by some rampers.

How on earth is PEL a breakout.It has gone from 0.22 to 0.155 in 2 weeks.

Oh, I get it, a break down ???

As it happens I like PEL, but it is not a breakout at the moment.

This isn't a breakout thread, its a POTENTIAL breakout thread.

As it happens, I don't own PEL, nor do I like PEL yet, so I'm not ramping. I just ran about 25 stocks I've been watching through the SMA and mentioned it because it stood out.

constable · 16 February 2007

Re: POTENTIAL BREAKOUT Alerts

Eka looks as though its ending its downward trend.
The graph clearly shows the 3 way decline has completed and volumes have started to rise again. The depth on the buying side is probably more of interest as that simply has not existed over the last week or so of trading. Didnt see the afternoon's trade yesterday so i dont know when the orders materialised but if they are genuine then it shows the buyers are ready to jump back in as the koyunlu aftermath has run its course and holders look towards the sugar loaf project which testing has begun on.
Am holding at 32c

YOUNG_TRADER · 16 February 2007

Re: POTENTIAL BREAKOUT Alerts

EKM

Its been awhile since I watched the stock but it broke out yesterday above 30c resistance on heavy volume for the stock and is in blue sky now with all of 25k shares on the sell side

Will update EKM thread Gold U Play

chops_a_must · 16 February 2007

Re: POTENTIAL BREAKOUT Alerts VRE

Garpal Gumnut said:
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

I'm starting to think much the same way... although maybe not as negative. The price action today is not good though. Absolutely no buying, the gap just being filled by sellers.

Agentm · 16 February 2007

Re: POTENTIAL BREAKOUT Alerts

constable, i would say all three JVP's are on the brink of a breakout.. EKA ADI and AUT.. things are getting very close on some major announcements, difficult to see their sp plunging in the near term, i imagine daytraders will start their runs on all three perhaps? of the 3 ADI has got another reason to breakout as another well is about to drill into the gas zones.. i am not a chart watcher so cant give advice there,, but keep an eye on the 3 and see what happens..

Sean K · 17 February 2007

Re: POTENTIAL BREAKOUT Alerts

moses said:
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.

Cheers, this indicator sounds interesting. Will look into it. I'm not sure if it could be used to trade alone as I think you also point out. I would like to see a chart approaching a 'breakout' first and then use these sort of indicators to varify the possibility.

steven1234 · 18 February 2007

Re: POTENTIAL BREAKOUT Alerts

I think SLM can be considered a break out alert.

It has been going sideways on low volumes for about 2 months now (apart from a low volume rise over the new year).

The half yearly is due on Friday 23/02/07. It was trading at $4 most of Friday and then dropped back to the previous days close of $3.95 at the end of the day. It looks like there is resistance at $4. Lets see if the half yearly helps this one break out.

scsl · 19 February 2007

Re: POTENTIAL BREAKOUT Alerts

WTF

Was last at these levels at the end of November '06. Then dropped and consolidated between $4.10 and $4.30. Broke out of this sideways pattern on Feb 9.

I believe the half year results, which are due to be released on Monday Feb 19, are likely to see the sp close above the previous high (closing price) of $4.59. Why? Because I think that the market still underestimates WTF's growth capabilities.

(I hold)

steven1234 · 19 February 2007

Re: POTENTIAL BREAKOUT Alerts

steven1234 said:
I think SLM can be considered a break out alert.

It has been going sideways on low volumes for about 2 months now (apart from a low volume rise over the new year).

The half yearly is due on Friday 23/02/07. It was trading at $4 most of Friday and then dropped back to the previous days close of $3.95 at the end of the day. It looks like there is resistance at $4. Lets see if the half yearly helps this one break out.

SLM rose 3.8% today and broke through the resistance at $4.00 to close at $4.10. The volume was also quite strong. There are not many sellers either.

moses · 20 February 2007

Re: POTENTIAL BREAKOUT Alerts

steven1234 said:
SLM rose 3.8% today and broke through the resistance at $4.00 to close at $4.10. The volume was also quite strong. There are not many sellers either.

Agreed. The SMA chart looks even better than Friday's bullish chart posted on the SLM thread. The SP has long been level because profit takers (blue) have been selling out while smart money (red) has been soaking up. But now, with an ann coming up the volume is up and the sellers have disappeared. And there is only one sell order valued above $20k; not much smart money selling.

great tip, thanks.

moses · 20 February 2007

Re: POTENTIAL BREAKOUT Alerts

Just in case you're not reading the Neilson Smart Money Analyser thread, there are 6 rather bullish signals for BLG...

a) smart money buying pressure has been positive for five weeks and increasing.

b) sellers are disappearing

c) the smart selling pressure is right at highest price (70c, ie, +15%)

d) volume is rising

e) price was up 9% on Monday

f) SP is testing old highs, ie, like its about to break out

Sean K · 20 February 2007

Re: POTENTIAL BREAKOUT Alerts

moses said:
Just in case you're not reading the Neilson Smart Money Analyser thread, there are 6 rather bullish signals for BLG...

a) smart money buying pressure has been positive for five weeks and increasing.

b) sellers are disappearing

c) the smart selling pressure is right at highest price (70c, ie, +15%)

d) volume is rising

e) price was up 9% on Monday

f) SP is testing old highs, ie, like its about to break out

Looks like it broke out this afternoon Moses. Hope you had some.

moses · 20 February 2007

Re: POTENTIAL BREAKOUT Alerts

kennas said:
Looks like it broke out this afternoon Moses. Hope you had some.

I bought in heavily last week because I believe in the stock and felt it was time for it to move soon and didn't want to miss out.

But, due to the above analysis, last night I put in another order to more than double my holdings. Unfortunately I missed out because (a) it gapped up, and (b) then e-trade fell over and I couldn't do a thing. Eventually I gave up in disgust and went to bed (I'm working night shift atm), and woke to find HLX had effectively wiped out my profits on BLG .

But I'm still holding, so looking forward to tommorrow. Maybe I'll buy more HLX instead. Tough choice...HLX or BLG? If I was in Comsec I'd buy both.

PS. I notice SLM broke out as well. Now looking closer at EVE...

Bobby · 21 February 2007

Re: POTENTIAL BREAKOUT Alerts

Check FDL , before todays open.

Bob.

moses · 21 February 2007

Re: POTENTIAL BREAKOUT Alerts

I'd like to withdraw PEL as a potential breakout.

While the smart money is there alright, it is sitting at 10c, which is not a great sign.

moses · 21 February 2007

Re: POTENTIAL BREAKOUT Alerts

May I suggest EVE as a potential breakout for today, for similar reasons to the BLG breakout but noting that the signal is not as strong.

There are 5 bullish signals for EVE...

a) smart money buying pressure has been mostly positive for 4 months and increasing atm.

b) the smart buying pressure is at the high end of the bids

c) volume rose sharply yesterday

d) the SP rose 11% yesterday

e) SP is testing old highs, and actually broke out briefly

fwiw, there is also no evidence of smart sellers in the queue.

Good luck.

moses · 21 February 2007

Re: POTENTIAL BREAKOUT Alerts

SKE, for similar reasons.

CanOz · 21 February 2007

Re: POTENTIAL BREAKOUT Alerts

CMO is close to breaking out of recent attempts at highs.

CanOz · 21 February 2007

Re: POTENTIAL BREAKOUT Alerts

Looking more like a breakout now if it can be maintained.

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