Abyss, I think this is more a breakout mate. Should be in the breakout thread I think. Need to pick the 'potential' breakouts before they run...Cheers, kennas
ta, I don't think there's enough consistancy in MAK's chart to see any trends at all. It's been very choppy since listing and there are no real support and resistance lines. Perhaps now it is getting some volume a pattern may occur. But until then, it's difficult to put it in a potential or outstanding break category. Really stretching it if breaking 20 is outstanding IMO
ta, I don't think there's enough consistancy in MAK's chart to see any trends at all. It's been very choppy since listing and there are no real support and resistance lines. Perhaps now it is getting some volume a pattern may occur. But until then, it's difficult to put it in a potential or outstanding break category. Really stretching it if breaking 20 is outstanding IMO
It's having a very good day so far with sellers disappearing, but it's very early. Will be interesting to see how it finishes. I won't be surprised with profit taking later.
It looks like it was a 'potential' breakout at the start of April. Since then it's pretty much just been going up with some areas of consolidation. So, this should not be in the potential breakout thread, nor in the outstanding breakout thread, but in it's own thread perhaps. Actually, looking at the indicators, I would put this in the potential breakdown thread. Looks like MACD is just about to fall over, and stochastics has peaked and is on the way down.
Could keep going too of course, but not in this thread. Cheers.
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