Potential Breakout Alerts!

[alankew]

Re: POTENTIAL BREAKOUT Alerts

Kennas any chance you could do your stuff for NTU-up 16% today and has been on the up of late.Just looking for reassurance as the money is for some expensive flights!

 

[roxy]

Re: POTENTIAL BREAKOUT Alerts

Thanks for the updated chart on ESG Kennas, your help is very much appreciated.

Tend to agree with you, although there is strong buying depth. Time will tell!

Cheers

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Kennas any chance you could do your stuff for NTU-up 16% today and has been on the up of late.Just looking for reassurance as the money is for some expensive flights!

Is this chart correct?

Wish you had have alerted us last trading day Alan. But, I suppose who was to know. The last day was definately a breakout and you could see the 'potential' before hand, but today: whooooosh! Was there an ann? I can't see one. Will be very interesting to see how it opens. On what's been going by lately and all the Christmas cheer, you'd have to think up again.....maybe?? You can fly first class now I think!

 

[Royce]

Re: POTENTIAL BREAKOUT Alerts

VCR up 12.5% to 103.5 cents...next target $1.50

Royce

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

VCR up 12.5% to 103.5 cents...next target $1.50

Royce

Royce, this was a potential breakout and a breakout a few weeks and days ago. Today was the second breakout of the past few weeks.

This thread is for identifying things that have 'potential', for FA and TA reasons why they might be about to break previous resistance/trend lines, and we need to keep it there.

So, can you please alert us to these 'breakouts' in the 'outstanding breakout alert' thread in the future. Cheers!

Hope you were on this in November! Great work.

 

[Royce]

Re: POTENTIAL BREAKOUT Alerts

. Today was the second breakout of the past few weeks.

Yes broke out again today, I took a punt and bought some at 98 cents. hopefully for a quick trade.

Royce

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

. Today was the second breakout of the past few weeks.

Yes broke out again today, I took a punt and bought some at 98 cents. hopefully for a quick trade.

Royce

I reckon there's a chance you'll make something on that Royse the way the market is going. Plus, it's almost new year and everyone is trying to pump the market, so it looks good for the end of year. Good luck.

Would really like you to comment in the NTU thread on why this has jumped so much. Cheers.

 

[alankew]

Re: POTENTIAL BREAKOUT Alerts

Kennas thanks for the reply and chart.The only reasons i can think of are that they announced exploration had started a little while ago and that an aerial EM survey was being done-so basically they took a joyride in a helicopter and thought they would announce it.The other obvious reason is the recent increase in U price.Market seems to ignore great announcements/news sometimes until it is ready(ZFX and PEM had good announcements and had little immediate impact)Pem seems to have flown today as well,unfortunately a few days to late for me.Flights arent for me its for 2 lots of parents so i need the price off the chart

 

[Kipp]

Re: POTENTIAL BREAKOUT Alerts

Plus, it's almost new year and everyone is trying to pump the market, so it looks good for the end of year. Good luck.

Kennas, what are you basing this on? I don't see why traders are interested in boosting the ASX another 50-100 pts just to "pump" the market.

 

[nizar]

Re: POTENTIAL BREAKOUT Alerts

Kennas, what are you basing this on? I don't see why traders are interested in boosting the ASX another 50-100 pts just to "pump" the market.

Because historically end of the year and beginning of the new year is a good time for equities and so every1 wants to benefit and they buy stock.

"The last days at the end of the year and the first few days of a new year have tended to be positive for equities," said Michael Sheldon, chief market strategist at Spencer Clarke. "You would probably have to be a psychologist to know why, but these days usually are positive for equities. And investors know this."

http://www.marketwatch.com/news/sto...x?guid={1F265F3C-D94D-4607-9D4C-BB00A4253303}

 

[nizar]

Re: POTENTIAL BREAKOUT Alerts

Today was the second breakout of the past few weeks.

Yes broke out again today, I took a punt and bought some at 98 cents. hopefully for a quick trade.

Royce

Hopefully.
Or else it would have to become a "long-term" investment

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Roxy's ESG call looks to be breaking up....not much more and it's breaking up and continuing the run!

 

[roxy]

Re: POTENTIAL BREAKOUT Alerts

Sure is Kennas, not bad volume as well
Do you have a price target from the breakout? I think 32cents would be reasonable to expect.

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Sure is Kennas, not bad volume as well
Do you have a price target from the breakout? I think 32cents would be reasonable to expect.

If the formation is a pole with a pennant then in theory, the length of the pole is the price target from the breakout. So, yeah, $0.32/3 ish, maybe. Not a great deal. Hard to say if it's a true 'breakout' really. It is medium term trending up, and has only paused for 2 weeks. So, 'short term breakout' perhaps in a medium term uptrend. Looking good.

 

[jtb]

Re: POTENTIAL BREAKOUT Alerts

Kennas, in your busy schedule could you please impart some thoughts on the CVN chart?
Ann's coming re: increased flow rates and reserve increases Dec/Jan

Any thoughts are appreciated

 

[mpv]

Re: POTENTIAL BREAKOUT Alerts

esg just broke through 30.5. Will it hit 32/33?

 

[nautilus]

Re: POTENTIAL BREAKOUT Alerts

Progen Industries (PGL) has consolidated below the $6 mark. It has steadily gained good grounds and the buy order is accumulating in large parcels, indicating funds/institutions buying at quiet time.

The new year should see this share pick up some good speed.

 

[Porper]

Re: POTENTIAL BREAKOUT Alerts

Progen Industries (PGL) has consolidated below the $6 mark. It has steadily gained good grounds and the buy order is accumulating in large parcels, indicating funds/institutions buying at quiet time.

The new year should see this share pick up some good speed.

I don't think some people have got the idea of this thread.

How is PGL a potential breakout ???????????????????????????????????

Also where has it consolidated below $6.00

I am tending to agree with Joe's scepticism about this .

It is too much for some people to stop themselves from ramping with such a named thread.

 

[SevenFX]

Re: POTENTIAL BREAKOUT Alerts

Hope this is is more discriptive and Right Porper

Or I can change it if your want pm me or post again.

Christmas Cheers
SevenFX

 

[nautilus]

Re: POTENTIAL BREAKOUT Alerts

I don't think some people have got the idea of this thread.

How is PGL a potential breakout ???????????????????????????????????

Also where has it consolidated below $6.00

I am tending to agree with Joe's scepticism about this .

It is too much for some people to stop themselves from ramping with such a named thread.

I shouldn't call it a "breakout". Still learning by the way.

It's more of an uptrend as the price hit a bottom of $5.50 earlier.

Don't mean to ramp the stock. I normally buy low when a stock has completed its retrace.

Apology if I have offended anyone....