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Re: POTENTIAL BREAKOUT Alerts

The FML chart is looking interesting. If it moves up with volume it will be breaking a significant resistance point on the monthly chart which has formed a large saucer. The daily chart is currently consolidating in a large pennant. Nice target if it breaks. (Invert saucer to get a target of 21.5c). Would be more interesting if the recent volume was confirming an upward move .. not giving any clues at the moment really .... just have to wait n see. I'll be waiting for a break with BIG vol.
 

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Re: POTENTIAL BREAKOUT Alerts EXM

EXM breaking up on ... great volume (has done half of last weeks volume today already)
 

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Re: POTENTIAL BREAKOUT Alerts

Is WAS about to crack ?:confused: Short term resistance i think has been broken on Excellent volume;), Someone out there with expertise on the Technical front Help Out with a more detailed Graph and analysis Cheers Thanks :eek:
 

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Re: POTENTIAL BREAKOUT Alerts

Is WAS about to crack ?:confused: Short term resistance i think has been broken on Excellent volume;), Someone out there with expertise on the Technical front Help Out with a more detailed Graph and analysis Cheers Thanks :eek:
I think you're on the money here Big B. Chanelling slightly up and has just broken some shorter term sidways movement. Good volume spike to support short break, and knocking on the door of the up channel resistance line.
 

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Re: POTENTIAL BREAKOUT Alerts

WOW is starting to get back into the potential break zone, so is probably a potential, potential break. Breaking $29.00 ish resistance and all time highs should set if free. Currently minor support at $28.00 and downside possibly limited to $27.00, pending market disaster.

(not holding - yet)
 

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Re: POTENTIAL BREAKOUT Alerts MWE

So many nice charts!

Liking MWE as it is breaking a significant monthy resistance and today is moving up on good volume. If it does break .38 today from its little pennant, it will with great volume. Nice upside target if it does. Mrket depth is looking good too. Currently the 7th most traded small cap today
 

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Re: POTENTIAL BREAKOUT Alerts MWE

So many nice charts!

Liking MWE as it is breaking a significant monthy resistance and today is moving up on good volume. If it does break .38 today from its little pennant, it will with great volume. Nice upside target if it does. Mrket depth is looking good too. Currently the 7th most traded small cap today
Mmmmmmmm, interesting. Iron.....Thank you.
 
Re: POTENTIAL BREAKOUT Alerts

IMA would look the goods to me if it closes above $2.50.
 

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Re: POTENTIAL BREAKOUT Alerts MWE

So many nice charts!

Liking MWE as it is breaking a significant monthy resistance and today is moving up on good volume. If it does break .38 today from its little pennant, it will with great volume. Nice upside target if it does. Mrket depth is looking good too. Currently the 7th most traded small cap today

MWE is looking pretty interesting. SP hasn't really gone anywhere today as of 12 noon, but the buys outnumber sells by almost 5:1.
 
Re: POTENTIAL BREAKOUT Alerts MWE

MWE is looking pretty interesting. SP hasn't really gone anywhere today as of 12 noon, but the buys outnumber sells by almost 5:1.

Yeah kinda strange ... the report released today appeared positive ... and they said some results from the Katanga prospect drill holes are due within a week. (copper) Maybe the market was hoping for more substantial news?

Also keeping my eye on MOS ... chart and vol looks like might break up nicely today
 
Re: POTENTIAL BREAKOUT Alerts

RDR. There's some interesting funnymentals with this one too.
 

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Re: POTENTIAL BREAKOUT Alerts

ICN ..

Has been hovering around $0.044 for a while.. now around $0.050. Support level seems to be $0.045

Be wary however, this one does like to go back down quickly..
 

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Re: POTENTIAL BREAKOUT Alerts

This may have broken, but needs to maintain the rage to go to that thread. Gapped up to 24 this am, so might have jumped already....watch and shoot.

(bought some yesty)
 

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Re: POTENTIAL BREAKOUT Alerts

In my first post ever to the Potential Breakout thread, VLA is a potential break out. Its currently trading just above its SMA (25) according to the Commsec chart and may well have broken its downtrend. Its moved up this week from 8.2c to 9.1c on reasonable turnover.
DYOR
 

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Re: POTENTIAL BREAKOUT Alerts

SRK has just reported a huge fe JORC in Peru (just down the road) which will put it into the top 15 fe producers in the world. (so they say) Hooly dooly. Might break up from here. Currently $2.60.
 

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Re: POTENTIAL BREAKOUT Alerts

I second you Kennas......
As long as it does not breach 0.22 or 0.225 level.....
Fundamentally it is backed up by lots of JV projects , (for others) please see the HLX thread for the JV projects
 
Re: POTENTIAL BREAKOUT Alerts

Ok - just had my last two posts deleted for no chart. So even though I cant chart for sh*t I will man up and post one anyway =)

I first commented on this earlier in the day at 365 when it had just retested and broken its earlier high for the day of 36. That would be the first yellow line. Second yellow line confirmed it for me.

Those cyan lines are my thoughts about the current channel this one is trading in. Anyway - look for movement over the next 3-6 months on this one.

PS - this is a 1 minute chart for todays action only on SXP.
 

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Re: POTENTIAL BREAKOUT Alerts

CTS

Hi All

Thought its about time I had a go at some tech analysis, so I have picked an obvious example (i think). Ok- CTS closed yesterday at an all time EOD high of 70c, the all time ever intraday high was 72c - however on that day on 14Feb it closed at 66c. SO if it breaks 72c and closes above 66c then I would thinkthis qualifies.

Also note the increasing volume in the last week and half,

Also on the MACD the blue line is above the red,

OK bye, any thoughts anyone?
 

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Re: POTENTIAL BREAKOUT Alerts

agm looks like to make aturnaround after falling from 1.2 to .7
yesterday ended with nice volume above the downtrend line
and the buying press is rising so hopefully shoud be a gain day for agm
and confirming the break


...if someone could help me with a chart that would be great
yust reinstalled my pc from scrath and haven't installed my snaptool
but wanned to share the find
cheers
drasic
 
Re: POTENTIAL BREAKOUT Alerts

agm looks like to make aturnaround after falling from 1.2 to .7
yesterday ended with nice volume above the downtrend line
and the buying press is rising so hopefully shoud be a gain day for agm
and confirming the break


...if someone could help me with a chart that would be great
yust reinstalled my pc from scrath and haven't installed my snaptool
but wanned to share the find
cheers
drasic
I'll help you this once Drasic, or Jazz! ;)

Too early to tell IMO, but might be a bottom. Doesn't mean it's breaking 'up' though, which is an important distinction. Might just not be going down anymore and trend sideways.....breaking out to go sideways isn't necessarily that great.

Needs to make some higher lows and highs to be going 'up' which is probably a while away. Might be potentially doing that around the green circle, IMO Needs to get through 75 cents first though!! :2twocents

I am still concerned with PON, which may not have finished going down, therefore being a significant effect on this sp. Needs some more certainty on PON to recover me feels.

Definately potential bottom though.
 

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