Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

What do you think ?............:cautious:
---------------------------------------
Usd/Cad - Was Today's rally a Short Covering Rally ?


-------------------------------------------
( Double click on chart to enlarge )
 

Attachments

  • CAD-11-09-2007-#2.gif
    CAD-11-09-2007-#2.gif
    19.2 KB · Views: 984
Re: POTENTIAL BREAKOUT Alerts

Does it have a code? :rolleyes:

Must be MALACHITE RESOURCES NL (MAR) http://www.malachite.com.au/ which announced 5 Nov its first resouce estimate (which coincides with last leg up on chart below http://www.malachite.com.au/pdf/asx/2007/MAR - Conrad Silver Resource Statement 05Nov07.pdf (Note last dot point)

FIRST RESOURCE ESTIMATE AT THE CONRAD SILVER PROJECT: OVER 10Moz OF SILVER EQUIVALENT DELINEATED HIGHLIGHTS
• The initial estimate of mineral resources at Conrad has been completed.
• This estimate extends to a maximum depth of 260m and is made up by resources in
the KING CONRAD LODE,
the GREISEN LODE,
ALWELL’S LODE,
a small part of the CONRAD LODE, and
the various LODE ENVELOPES (“VEIN ZONES”).
• In the area drilled, a mineral resource containing 10.4 million ounces of silver equivalent1 has been delineated.
• The resource is open along strike and at depth.
• Drilling will resume early in 2008 and is expected to add substantially to
the initial resource.
 

Attachments

  • Malachite.GIF
    Malachite.GIF
    35.2 KB · Views: 992
Re: POTENTIAL BREAKOUT Alerts

Here is what the the Usd/Cad did today !........:)

There been no break-out like this all year ........
----------------------------------------------------------------------

Make no mistake , this strong rally was caused by short-covering
from Friday 's price action .....( NO MORE SELLERS LEFT TO SELL TO !)
( AND The brokers , are are big part of this because they know where all the stops are )
----------------------------------------------------------
Oil Prices now has new problem , time to Slow Down production ...
SEE TODAY'S RESULT CHART BELOW
 

Attachments

  • CAD-11-12-2007-#3.gif
    CAD-11-12-2007-#3.gif
    17.6 KB · Views: 859
Re: POTENTIAL BREAKOUT Alerts

HCY up 9% on volume of 30 million today.
Some news on resources.
 

Attachments

  • HCY13Nov07.gif
    HCY13Nov07.gif
    5.9 KB · Views: 833
Re: POTENTIAL BREAKOUT Alerts

Looks like EXM is trying hard again to break up. Won,t be long now:)
 

Attachments

  • exm nov14.JPG
    exm nov14.JPG
    91.7 KB · Views: 711
Re: POTENTIAL BREAKOUT Alerts

Looks like EXM is trying hard again to break up. Won,t be long now:)
Yep, looks to be breaking up on the expectation of some decent drill recults.
 

Attachments

  • EXM.gif
    EXM.gif
    16.7 KB · Views: 673
Re: POTENTIAL BREAKOUT Alerts

ARX looking interesting since late oct with vol increasing as sp decreased til the 16th nov with large vol and hammer reversal.
last 2 days have been the largest vol ever with a 40 % increase
buy sell is 3:1 in favour of the buys.
 

Attachments

  • capture1arx.jpg
    capture1arx.jpg
    102.4 KB · Views: 505
Re: POTENTIAL BREAKOUT Alerts

hi vert,
i was going to post the same thing tonite on ARX.

although volume is high, remember there are a cr@p load of new issued around now, as well as a checked history...but still i cant resist :p:
cheers
R
 
Re: POTENTIAL BREAKOUT Alerts

hi ricm,

i know what your saying but do traders really care? they will jump on momentum and having a cr@p load of shares means liquidity, even better if this really starts to move.
 
Re: POTENTIAL BREAKOUT Alerts

Looks like a possible false break on JRV recently, but now consolidating OK, and looking to break through resistance at 2 cents. Lots of resistance though....
 

Attachments

  • JRV.gif
    JRV.gif
    19.6 KB · Views: 446
Re: POTENTIAL BREAKOUT Alerts

(SDL - SUNDANCE RESOURCES LIMITED)
Sorry if I double post this Chart (I also posted the chart on its own thread), however I feel this stock deserves a listing here on the Potential Break Alert for the general audiences as well.

Although, the stock hasn’t broke out of the symmetry triangle, the momentum (MACD) has already crossed and pointed to the upside. As an anticipation, I feel that the stock have more to offer on the upside than down.

On another bright note: SDL will be listed on the S&P/ASX200 after the close of business tomorrow (07/12/2007), which hopefully, will opens up the gate for more institutional investors. – source: company announcement. (http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00791794)


Good luck trading.

Disclosure: I am a holder of this stock as of today, entered at $0.5. No responsibility will be taken for the use of this information.
 

Attachments

  • SDL.JPG
    SDL.JPG
    55.6 KB · Views: 422
Re: POTENTIAL BREAKOUT Alerts

I have the please in posting my first potential break out since Integra mining at 13.5 cents. All the lines are lining up, and it all seems pretty straight forward. volume has been building on the buy side, off screen buying has been bumping up price. Weak hands have folded and theres been good support at 25 cents for this stock.


AXT potential to hit 30 cents possibly 34.5 cents. The market depth is thin on sell side, so would not take much for day traders to get this one moving in the north directions. The signs are there that its turning, and i think if we break 27 cents, and have a close on 28-30 cents, we could see a quick spike. this is all leading up into 2008 drilling program for AXT, so depending on overall market, it appears insteresting times. lines are adding up....

thoughts?
 

Attachments

  • axt break out.jpg
    axt break out.jpg
    40.3 KB · Views: 370
Re: POTENTIAL BREAKOUT Alerts

as i predicted i think an attempt at a break out is occuring.

but time will tell.

a big buy order at 27 cents now, so i am keen to see this unfold.

upward momentum has started.

AXT maybe 30 cents today if we are lucky, all on no news...
 
Re: POTENTIAL BREAKOUT Alerts

mrelv7.png


As always the chart data is a little delayed but Minara is looking pretty good.

The volume could be a little better but it gapped up after breaking a nice looking triangle formation today
 
Re: POTENTIAL BREAKOUT Alerts

Gar;233328As always the chart data is a little delayed but Minara is looking pretty good. The volume could be a little better but it gapped up after breaking a nice looking triangle formation today[/QUOTE said:
You following me around again Gar? :D

It's already outstanding mate.
 
Re: POTENTIAL BREAKOUT Alerts

(SDL - SUNDANCE RESOURCES LIMITED)
Sorry if I double post this Chart (I also posted the chart on its own thread), however I feel this stock deserves a listing here on the Potential Break Alert for the general audiences as well.

Although, the stock hasn’t broke out of the symmetry triangle, the momentum (MACD) has already crossed and pointed to the upside. As an anticipation, I feel that the stock have more to offer on the upside than down.

On another bright note: SDL will be listed on the S&P/ASX200 after the close of business tomorrow (07/12/2007), which hopefully, will opens up the gate for more institutional investors. – source: company announcement. (http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00791794)


Good luck trading.

Disclosure: I am a holder of this stock as of today, entered at $0.5. No responsibility will be taken for the use of this information.

Hi Bugga,

etrade have two strong buys as their only listed recommendations on this stock so you may be on to a good thing. Going to have a quick look at their fundamentals and if they hold up I might join you.

NOTE: Currently not holding SDL
 
Top