Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

Kennas, i'd love to hear the answers to the questions Chorlton asked, if you'd be willing to cc me with the pm or post a thread in the beginners section or something.

:)
 
Re: POTENTIAL BREAKOUT Alerts

MGO consolidated nicely around 27c and is now looking to break up through 30c on volume in anticipation of a new jorc (see thread for more info)

MGO has cleared 30c now, looking to re-test all time high of 40c, will be outstanding if it can break and hold 40c/41c

Its all in antcipation of the New JORC which should contain a hell of alot of Molybdenum! ;)
 
Re: POTENTIAL BREAKOUT Alerts IIG

Has been consolidating recently and has nice volume this morning .... market depth is solid. Looks like it could break up today IMO
 
Re: POTENTIAL BREAKOUT Alerts

MGO has cleared 30c now, looking to re-test all time high of 40c, will be outstanding if it can break and hold 40c/41c

Its all in antcipation of the New JORC which should contain a hell of alot of Molybdenum! ;)
I think it's oustanding already YT. I think that was a vague Cup and Handle formed there and on breakout, probable target is about 40 cents.
 

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Re: POTENTIAL BREAKOUT Alerts

mmx, emerging wa fe powerhouse, recently exported first shipments, just completed rail/port infrastructure study, just appointed co-founder of Resource Capital Funds as a neddy, at all-time high, up 36c today

cheers :)
 
Re: POTENTIAL BREAKOUT Alerts

INL has pushed up quite quickly to break down trend resistance line. Could be classed as a 'breakout' perhaps, but wouldn't be outstanding until it breaks horizontal resistance at 20 IMO. There was a false break in Feb which was halted due to the correction. Hopefully it doesn't happen again to this and it runs. I'm waiting for confirmed break through 20 before being too tempted.

very disappointing today ..
Failed to break the 20 resistance today despite the all ords going up. I wonder what will happen when it goes down ...
 
Re: POTENTIAL BREAKOUT Alerts

Sipa Resources Limited (SRI)

A few indicators turning up here & just starting to take out 10.5c. Weekly chart approaching resistance area.

Weekly trend - up
MACD turned - up
OBV - up

Uranium leases potential.
 

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Re: POTENTIAL BREAKOUT Alerts

CUY looks set to break one way, or the other.

With the Stochastic indicator just turning up, this might indicate an upward move, but might be too early to say. Momentum actually looks down ish, but there's more of a time lag for MACD to catch up with price action. DMI is slightly weakening. I'm a little on the fence right now, but hope it breaks up. (holding :) ) I'd be watching closely for a push through the top resistance trend line, for the break up.
 

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Re: POTENTIAL BREAKOUT Alerts

Sipa Resources Limited (SRI)

A few indicators turning up here & just starting to take out 10.5c. Weekly chart approaching resistance area.

Weekly trend - up
MACD turned - up
OBV - up

Uranium leases potential.


Could be a good pick, nice rise the last few days but a lot of resistance can be expected around the .12 to 13c area. They have a few small %age deals in gold tennaments that could lift if gold pushes further.
 
Re: POTENTIAL BREAKOUT Alerts

Could be a good pick, nice rise the last few days but a lot of resistance can be expected around the .12 to 13c area. They have a few small %age deals in gold tennaments that could lift if gold pushes further.

It's on the move now, taking out 13. Something about to happen?
 
Re: POTENTIAL BREAKOUT Alerts

BPO is a potential breakout today on the back of SLA good PR. The three year chart looks very good at the moment in my novices opinion.
 
Re: POTENTIAL BREAKOUT Alerts

BPO is a potential breakout today on the back of SLA good PR. The three year chart looks very good at the moment in my novices opinion.
I agree Abyss! ... longterm chart is looking very promising and yesterdays volume is confirming a continued rise. Great vol again this morning and has formed a little intraday pennant .... so looking like it might break an important resistance value .055 today.
 
Re: POTENTIAL BREAKOUT Alerts

CUY looks set to break one way, or the other.
With the Stochastic indicator just turning up, this might indicate an upward move, but might be too early to say. Momentum actually looks down ish, but there's more of a time lag for MACD to catch up with price action. DMI is slightly weakening. I'm a little on the fence right now, but hope it breaks up. (holding :) ) I'd be watching closely for a push through the top resistance trend line, for the break up.
Looks to be a potential break down now. Under $2.25 looks like trouble to me.
 

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Re: POTENTIAL BREAKOUT Alerts

OSH at $3.74, once again tempting $3.75 resistance in an ascending triangle. Will it get through????????????????? I doubt it. :p:
 

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Re: POTENTIAL BREAKOUT Alerts

OSH at $3.74, once again tempting $3.75 resistance in an ascending triangle. Will it get through????????????????? I doubt it. :p:
Maybe it will?? Perhaps this jump is just BHP/RIO related as mentioned elsewhere. Still 'potential' in my opinion. Probably needs a strong close above $3.75.
 

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Re: POTENTIAL BREAKOUT Alerts

would OSH now be considered a break out alert?
On the 'maybe broken out alert' I reckon. If it holds tomorrow, I'll be topping up probably. This could be a significant break.
 
Re: POTENTIAL BREAKOUT Alerts

I reckon AUZ.
Has pulled back to the breakout point, tail to 10.5c.
Looks VERY TEXTBOOK to me.

Should be up and away from here in my opinion....:2twocents

Dont hold unfortunately, no cash, and i know (from experience) that if i chop another stock it will run to the moon, LOL :p:
 
Re: POTENTIAL BREAKOUT Alerts

YML almost outstanding, should be by 10.10am tomorrow

Has closed at an all time high of 36c, on medium volume for this stock (Not very liquid because TOP 20 hold like 75%)

Most importantly there was a huge 1million seller at 36c who was almost vleared in the pre open close of trade, the orders just surged on at 4.05pm

Looks set for a strong open,

Patersons has a valuation of 40c based on the smallest of its 3 projects
 
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