Potential Breakout Alerts!

[Go Nuke]

Re: POTENTIAL BREAKOUT Alerts

MUN up 25% today Kennas!!!!!!!!!!!!!

Wow..shame I dont hold

 

[nizar]

Re: POTENTIAL BREAKOUT Alerts

MUN up 25% today Kennas!!!!!!!!!!!!!

Wow..shame I dont hold

Breakout was on friday.
It was an outstanding break of resistance on double the daily volume into blue skies.
It was good enough for me to buy todays open.

 

[chris1983]

Re: POTENTIAL BREAKOUT Alerts

I would keep an eye on NGM resources. Uranium stocks aren't the flavor of the month but NGM has some very prospective grounds in Niger. Buyers are building and sellers are thinning.

 

[ta2693]

Re: POTENTIAL BREAKOUT Alerts

I would keep an eye on NGM resources. Uranium stocks aren't the flavor of the month but NGM has some very prospective grounds in Niger. Buyers are building and sellers are thinning.

I think NGM is not very like to break out, U sector is not hot recently. But still need to see how it is going to perform tomorrow.

 

[chris1983]

Re: POTENTIAL BREAKOUT Alerts

I think NGM is not very like to break out, U sector is not hot recently. But still need to see how it is going to perform tomorrow.

Yeah its only "potential". Volume was steady today and some big buyers jumping in. It hasn't closed up on these prices in a long time. Not many sellers left under 80. Just one to watch. I have faith in NGM. I think they have acquired some excellent grounds in Niger that a lot of people were trying to get their hands on.

 

[rhen]

Re: POTENTIAL BREAKOUT Alerts

PRW: With an experienced Board and technically positive on a significant down-day on the ASX, something could be happening here. I do not own shares in PRW.

 

[Porper]

Re: POTENTIAL BREAKOUT Alerts

PRW: With an experienced Board and technically positive on a significant down-day on the ASX, something could be happening here. I do not own shares in PRW.

I think you have the wrong stock code rhen.

PRW closed at all time lows on increased volume and is in a steep downtrend.

Anyone holding this needs therapy-quick.

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

I would keep an eye on NGM resources. Uranium stocks aren't the flavor of the month but NGM has some very prospective grounds in Niger. Buyers are building and sellers are thinning.

Just on the chart it could be a potential breakout, although a little overbought perhaps. Doesn't mean it can't stay that way for a bit. Looks to be an ascending triangle, last 4 days bullish candles. I disagree on volume however. Doesn't look to be anything special compared to the past few months. And the divergence of the MACD to the chart looks extremely ugly, although it just seems to have crossed back up, in the downward trend. So, conflicting signals to me.

 

[chris1983]

Re: POTENTIAL BREAKOUT Alerts

Just on the chart it could be a potential breakout, although a little overbought perhaps. Doesn't mean it can't stay that way for a bit. Looks to be an ascending triangle, last 4 days bullish candles. I disagree on volume however. Doesn't look to be anything special compared to the past few months. And the divergence of the MACD to the chart looks extremely ugly, although it just seems to have crossed back up, in the downward trend. So, conflicting signals to me.

Thanks for that Kennas. Yeah I was trying to pick a break a little early. Promising open. Up to 78. Have to see how the rest of the day Pans out for NGM.

 

[rhen]

Re: POTENTIAL BREAKOUT Alerts

I think you have the wrong stock code rhen.

PRW closed at all time lows on increased volume and is in a steep downtrend.

Anyone holding this needs therapy-quick.

Thanks Porper for your balance and almost objective analysis but I note your chart did not include yesterday's data (?) ...
nor did it consider several other aspects of technical analysis.
not for a moment do i suggest any comparison but did your analysis pick FMG on 1/10/04 at 68c?? would you have selected this share then on your analysis? If i'd have been looking, and of course I wasn't (curse and expletive), my automatic analysis did. Yes, I do get it wrong, but this is the risk end of the market, maybe we all need therapy to invest here?
My suggestion was not to buy but to be aware that something could be happening here...good thing about the eword is they are easier to eat.



"You know the world's gone nuts when the best rapper is a white guy, the Swiss hold the America's Cup, France is accusing the U.S. of arrogance and Germany doesn't want to go to war." (Sale Johnson, socialite, 2003)

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Thanks Porper for your balance and almost objective analysis but I note your chart did not include yesterday's data (?) ...
nor did it consider several other aspects of technical analysis.
not for a moment do i suggest any comparison but did your analysis pick FMG on 1/10/04 at 68c?? would you have selected this share then on your analysis? If i'd have been looking, and of course I wasn't (curse and expletive), my automatic analysis did. Yes, I do get it wrong, but this is the risk end of the market, maybe we all need therapy to invest here?
My suggestion was not to buy but to be aware that something could be happening here...good thing about the eword is they are easier to eat.

"You know the world's gone nuts when the best rapper is a white guy, the Swiss hold the America's Cup, France is accusing the U.S. of arrogance and Germany doesn't want to go to war." (Sale Johnson, socialite, 2003)

Rhen, please look back through this thread to find examples of what a potential breakout is, specifically guidance I posted on the significant breakout thread on what qualifies as a breakout. This is no where near a potential 'breakout' at the moment. While breaking a significant downward trend may be a breakout of such, this isn't looking like it is going to turn yet. While it may have found a bottom, it probably needs to be getting close to making a higher high and low to be close to breaking up. This may be around 25 cents. Comparing this in any way to FMG is not just a ramp, but, quite frankly, ludicrous.

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Rhen, I will leave it up to others to assess whether this stock is a potential breakout or not at the moment. Using the term ludicrous might be a bit subjective in the scheme of things so I will take that back and replace it with possibly an incorrect assessment of the chart.

For this to be a potential breakout, I think it might have to get to the lowest green circle for a start. It might then be looking at breaking downtrend resistance, and have made a higher low, potentially. Then there is what looks to be more significant resistance at 25 ish cents. Until it breaks that, it could not be classed as going back up at this point, as this will make the first substantial higher high. If it does find a bottom, but not break 'up' as indicated, it may go in a sideways move for some time before starting a new trend. Whether that is up, or down, at this point is not clear.

One thing I will say that might support your claim, is that the indicators on this chart look like they might be turning up for the short term. I see it has had 2500 shares traded at 19 cents as I speak but on such small volume.....

Anyone else support the claim that this is a potential breakout at this moment?

 

[rhen]

Re: POTENTIAL BREAKOUT Alerts

Here's my premise:
PRW: With an experienced Board and technically positive (to my feeble eyes) on a significant down-day on the ASX, something could be happening here. I do not own shares in PRW.

Here's my observation:
Several announcements re 2 directors' buying and selling shares in the company made today.
It may be that this is the "happening".
It may be that this is a precursor...so I'll watch, and wait...
next time perhaps I should keep my thoughts to myself.

I repeat: I do not own shares in PRW nor am I associated in any way with those who do.

have a great day
rhen



“The recipe for perpetual ignorance is: Be satisfied with your opinions and content with your knowledge.”

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Here's my premise:
PRW: With an experienced Board and technically positive (to my feeble eyes) on a significant down-day on the ASX, something could be happening here. I do not own shares in PRW.

Here's my observation:
Several announcements re 2 directors' buying and selling shares in the company made today.
It may be that this is the "happening".
It may be that this is a precursor...so I'll watch, and wait...
next time perhaps I should keep my thoughts to myself.

I repeat: I do not own shares in PRW nor am I associated in any way with those who do.

have a great day
rhen

“The recipe for perpetual ignorance is: Be satisfied with your opinions and content with your knowledge.”

Rhen, perhaps we were a bit harsh on you there, but it looked like a ramp from the outside. No need to feel you can't put your thoughts on the forum, the point is to get others opinions. They just need to be reasonably delivered. I'm just a bit over people using this thread as a means to ramp stocks, so I bite sometimes. As far as this being the 'happening', perhaps it's a potential turning point. Directors buying shares is a good sign.

 

[combankau]

Re: POTENTIAL BREAKOUT Alerts

AIM has finished at 0.395 with good volumes. It has a great chance to breakout tomorrow.

 

[YOUNG_TRADER]

Re: POTENTIAL BREAKOUT Alerts

CUL could go outstanding if it breaks 6.4c and run, so if your thinking of buying do so before it goes outstanding

That being said it has its work cut out to break it today

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

CUL could go outstanding if it breaks 6.4c and run, so if your thinking of buying do so before it goes outstanding

That being said it has its work cut out to break it today

Hard to see where the actual breakout is for this. Could be 6 cents, or 6.4. Any close over 6 is going to be very positive IMO. The volume is up just a tad.

Just spiked to 6.8 cents, so something's up.

 

[jammin]

Re: POTENTIAL BREAKOUT Alerts

CUL could go outstanding if it breaks 6.4c and run,

It has just hit 7c. That is outstanding. This could also be seen as the beginning of wave 3, indicating there is more to go over the next month or 2.
Well spotted YT.

 

[Joe Blow]

Re: POTENTIAL BREAKOUT Alerts

I just deleted a couple of posts in this thread and would like to make a couple of points.

Firstly, I do not want to see anyone telling others to "get on" a stock. Nobody should be telling anyone else to buy or sell anything.

Secondly, assertions that a stock is "undervalued" need to be backed up with some more specific info/analysis and the place to do it is in the thread devoted to that particular stock, not this one.

The mods and I have made the decision to shut this thread down in the near future due to the relentless ramping that it sees. Once again a few bad apples have managed to spoil things for everyone else.

 

[Captain_Chaza]

Re: POTENTIAL BREAKOUT Alerts

I just deleted a couple of posts in this thread and would like to make a couple of points.

Firstly, I do not want to see anyone telling others to "get on" a stock. Nobody should be telling anyone else to buy or sell anything.

Secondly, assertions that a stock is "undervalued" need to be backed up with some more specific info/analysis and the place to do it is in the thread devoted to that particular stock, not this one.

The mods and I have made the decision to shut this thread down in the near future due to the relentless ramping that it sees. Once again a few bad apples have managed to spoil things for everyone else.

Crikey!
I beg the Mods to reasess thier ruling here

A POTENTIAL Breakout by definition is ONLY an Early warning signal to us Chatists to WATCH!! !

It has never been or ever should be a place for Ramping,
I agree

HOWEVER I do feel there should be a place for fully minded chartists to view and discuss POSSIBLE BREAKOUTS!!! ???

How can this be a crime?

Salute and Gods' speed

PS However I do think that
"OUTSTANDING POTENTIAL BREAKOUTS"
is an oximoron of sorts and a possible ramp