Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

Just took a look at that chart, lol

I picked it up on an incredible charts scan this morning :p:
 
Re: POTENTIAL BREAKOUT Alerts

Bugga,

Just to add to the intrigue, the SDL website has a link to new Goldman Sachs report listing SDL as a Buy with a expected 12 month return of 48.6%.

Here's the GS report.

Had to be done. I'm for 45000 units.

T

DISCLOSURE: NOW HOLDING SDL!!!
 
Re: POTENTIAL BREAKOUT Alerts

MSN-post removed presumably because i forgot to add a picture:eek:.Up on above average volume with no ann,currently up 14%
 

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Re: POTENTIAL BREAKOUT Alerts

If it can break 14c, the market is going to react very strongly.
 

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Re: POTENTIAL BREAKOUT Alerts

MSN-confirmed?Up only slightly today but terrible day for the markets and double normal volume.Must be news on the way.Would expect some resistance though as this is only just back to its IPO price so stale holders might hold it back
 
Re: POTENTIAL BREAKOUT Alerts

MSN-confirmed?Up only slightly today but terrible day for the markets and double normal volume.Must be news on the way.Would expect some resistance though as this is only just back to its IPO price so stale holders might hold it back

Actually seven times normal volume. 1,129,703 Shares traded today, average daily volume (calculated over the last three months) is 161,665 according to Yahoo. Big volume green candle last Monday. Maybe some long term holders (since IPO ?) running out of patience and selling on Tuesday and Wednesday. Must admit the thought occurred to me too. Back up to 20 cents on high volume on Thursday. And today being Friday and a horrible day on the market when one might have expected a sell-off, up another 5%. Gotta be something going on....
 
Re: POTENTIAL BREAKOUT Alerts

I was wondering if the technically minded had a view about which way ESG might break. I'm thinking a flag, with potential to break upward by the height of the mast added to the current resistance, so testing 0.70 again. But it could equally break downwards, or go on in the range 0.40 to 0.50
 

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Re: POTENTIAL BREAKOUT Alerts

Looking for a confirmation of the break tomorrow and some more volume. Looking ok though i think for a day where there was not a lot going up. Interested to hear if anyone else likes the look of it?
 

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Re: POTENTIAL BREAKOUT Alerts

Thoughts on possible pennant formation?
 

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Re: POTENTIAL BREAKOUT Alerts

Sorry cant edit my first post so ill type it out here. Also i am only fairly new at charting so appriciate all feedback/thoughts.

- Encounters resistance @ ~ 1.05
- Pennant forms underneth the resistance line
- As the Pennant is developing the volume is contracting
- Todays Trading is just to the upside of the pennant (depending on the exact angle of the line)

To confirm breakout volume and price should expand within the next few days trading.
 
Re: POTENTIAL BREAKOUT Alerts

What do we make of this ladies and gentlemen?

AXT has no liquidity but it hit 27 cents on over 100,000 volume.

I am not sure. Thoughts?
 

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Re: POTENTIAL BREAKOUT Alerts

What do we make of this ladies and gentlemen?

AXT has no liquidity but it hit 27 cents on over 100,000 volume.

I am not sure. Thoughts?

I think it would need to break through 30 cents and hold there to confirn the break :2twocents
 
Re: POTENTIAL BREAKOUT Alerts

Re AXT - Argo Exploration

To me, stock remains in a downtrend, will need to break .30 to become of interest.
Is an explorer with rights to 2 fields 450kms NW of Adelaide, looking for copper, gold,uranium.
Couldn't find any news, directors buying, that would account for the price jump, wait and see if anything develops :eek:

Cheers

Annwn
 
Re: POTENTIAL BREAKOUT Alerts

Chart of FML, SP < 0.10, coming into production this qtr (expected pour March). A lot of gold in the ground and the value is in the price ATM. I was looking at IGR @ 0.50, why? these guys are almost there. :)


Cheers

DYOR
 

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Re: POTENTIAL BREAKOUT Alerts

Possible volatility break?
AGX is in a tight Bollinger squeeze (Boll Bandwidth is lowest for > 6 months). It looks like today was a head fake pushing hard against the lower bands. Traders would see todays action as a successful test, breaking down to an area without inducing supply (and after an accumulation phase).
I'm not aware of any news item that might be the catalyst for a move up, but the setup is perfect. Just wish the market would listen to me...it would make my life a whole lot easier ;-)

MaccaD still looking a little weak. Still, worth seeing if it starts to bubble over the next few days.
 

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Re: POTENTIAL BREAKOUT Alerts

FMG

I'll post two charts, one for six months, the other for two months. Obviously both are corrected for the 1 for 10 split in early Dec. I hold these and was thinking about moving on having made my margin, but charting them, all other conversations about FMG (which has its own thread) aside, the charts seem interesting. What do other people think?
 

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Re: POTENTIAL BREAKOUT Alerts

FMG

I'll post two charts, one for six months, the other for two months. Obviously both are corrected for the 1 for 10 split in early Dec. I hold these and was thinking about moving on having made my margin, but charting them, all other conversations about FMG (which has its own thread) aside, the charts seem interesting. What do other people think?

I would never sell a stock in uptrend. Some say one should take profits when a set target is reached. It is an individual call. If you look at this on the two year chart it says to me "something good is going on with this one"
 
Re: POTENTIAL BREAKOUT Alerts

This is either a potential breakout from this short sideways movement, or a potential tripple top in the making. :eek:
 

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