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, kennasPPP - high volume and in blue sky. currently at .27
QXQ is approaching "Blue Sky" territory on strong volume
Bon Voyage and Gods' Speed
Liked the daily chart a lot on this one. The only problem holding me back, is where is the volume?
Hi everyone .... ALD did a nice little move today on massive volume. I'd still consider it to be "breaking out".
If you're interested I've posted a chart and info on the ALD thread https://www.aussiestockforums.com/forums/showthread.php?p=166029#post166029
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 IMOone big order at 21.5c scare all seller away. it is very interesting to see what is going to happen next. I think it is on the edge of a outstanding breakout.
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.
Nexus energy (NXS) has been attracting a lot of interest in the past 2 weeks...even today despite the down market....looks to be some serious accumulating occurring. Maybe takeover interest...?
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.Riversdale Mining RIV
This stock has been drawn to my attention by an investor colleague who purchased at $2.00. He is of the opinion that the share price has considerable upward movement left even at today's price of $2.50. The graph's on the sp seem to support what he is saying, although I was unsuccessful in getting the more detailed interactive version to post.
The story behind the stock is that it has a considerable coal resource in Africa detsined for shipment to India, which sits well with me.
What do others thing with regard to the continuing breaout?
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