Potential Breakout Alerts!

[philmac]

Re: POTENTIAL BREAKOUT Alerts

Has anyone an opinion on MRX as a potential breakout? Strong today despite copper taking a hammering overnight. Also involved with DYL on uranium exploration. Would appreciate an opinion. Chart looks good to me although I'm a bit new to charting. Cheers

 

[roxy]

Re: POTENTIAL BREAKOUT Alerts

ESG looks to be forming another pennant. Any thoughts? Kennas?

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

ESG looks to be forming another pennant. Any thoughts? Kennas?

Yeah, it is. Seems to have been going from pennant to break to pennant for the past 5 months.......

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Has anyone an opinion on MRX as a potential breakout? Strong today despite copper taking a hammering overnight. Also involved with DYL on uranium exploration. Would appreciate an opinion. Chart looks good to me although I'm a bit new to charting. Cheers

It might have broke out yesterday, depends on a judgement of where you think the real 'resistance' or top to the sp is. To me it's mostly at $0.105, but others would say $0.11 and $0.115. It's a bit choppy at the top there. So, it might still be a 'potential' short term breakout at the moment from this sideways movement started in Nov.

 

[marc1]

Re: POTENTIAL BREAKOUT Alerts

Kennas does BLT fit the bill up 60% today

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Kennas does BLT fit the bill up 60% today

Make that 80%, and I'd say it a little bit of a breakout. Needs to be on that thread. Wish you had have id this one yesterday! Can you do that next time please.

 

[marc1]

Re: POTENTIAL BREAKOUT Alerts

Make that 80%, and I'd say it a little bit of a breakout. Needs to be on that thread. Wish you had have id this one yesterday! Can you do that next time please.

Sorry about the wrong thread kennas, YOU MEAN 280% dont you!!!!!!

 

[Joe Blow]

Re: POTENTIAL BREAKOUT Alerts

Ladies and gentlemen, please remember that this thread is for potential breakouts, breakouts like BLT should go in the 'Outstanding Breakout Alerts!' thread.

Also, I notice a lot of people just nominating stocks and expecting Kennas to do all the hard work (i.e. analysis). This isn't what was intended with this thread and I am keeping a keen eye on it to ensure people posting in this thread follow the rules. Please re-read the first few posts of this thread, particularly this part:

As kennas said, a detailed analysis, complete with a chart, must be presented or your post will be removed. Posts of one or two sentences just wont cut it.

If you are going to post in this thread, I want to see some analysis and a chart to back your view. If this thread is used for ramping it will be closed. So lets play by the rules and present some solid reasoning/analysis when posting in this thread.

Thank you!

 

[Happy]

Re: POTENTIAL BREAKOUT Alerts

POTENTIAL BREAKOUT Alerts

Obviously some are still in Christmas Spirit or affected by, and how about banning posters as well as removing their un-subordinated post.

Obviously there are potential breakouts all the time and thread like this would be great common ideas ground for further analysis.

 

[Happy]

Re: POTENTIAL BREAKOUT Alerts

As with any potential stocks, we assume and determine where we are wrong, with our assumption and there are many ways to skin the cat.

Original post, made by another member, was removed before I had a chance to produce picture, mandatory to not get clobbered.

CIG is not stock I follow

 

[moses]

Re: POTENTIAL BREAKOUT Alerts

TRO.

I'm assuming thats a sharp little pennant formation, with a new pole about to appear. Yes, TRO has a nice habit of jumping up and consolidating nicely (as all stocks should) but to my unbrained eye the next rise not only looks imminent but potentially sharper than usual, and hence qualifies as a potential breakout (a tough call on this thread).

Either way, it looks better than a poke in the stick with a blunt eye.

Unfortunately I don't hold.

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

While most of have been identifying breakouts (read UPS) here we can also be looking for things about to break DOWN.

BHP is looking decidedly shakey at the moment, and if it doesn't bounce off $24.00 (technical buys could possible come in here) then there's potential here for a short sell.

(holding BHP )

(condiering selling up and shorting it )

 

[johnno261]

Re: POTENTIAL BREAKOUT Alerts

ADY is what could be in assumed potential breakout mode. Please post chart thanks Kenna, having trouble doing so myself!!

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

ADY is in breakout mode. Please post chart thanks Kenna

You can do it Johnno if you have time.

Go to:

www.bigcharts.marketwatch.com

In the enter symbol section at the top you need to type in au: and then the stock code. So for ADY it's au:ady then you can have a play around with all the indicators etc for it to look how you want. Then save the file as a giff and open with paint and you can draw lines etc on the chart, save again as a giff and upload on the site using the 'manage attachments' function below the 'reply to thread' section.

ADY broke out 3 days ago.

kennas

 

[johnno261]

Re: POTENTIAL BREAKOUT Alerts

So you would agree then with me that ADY is set for a big run. Glad we agree on that. I agree that a few days ago does look like it def. broke out however to confirm this it really needed to close above 12cents in which it has!!

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

So you would agree then with me that ADY is set for a big run. Glad we agree on that.

I'm not sure Johnno. It might be all over, or it could continue. The pattern of the past few months has been breakout, massive 1-2 day gains then stabilisation and pullback - generally IMO. This may or may not keep going depending on the mood of the market and what else comes along to grab traders attention. Well done if you were holding it a few days ago. Perhaps it will have another good day on Monday. One for the experienced day traders to manage now perhaps. I'm not sure if newbie traders like myself would get involved with something like this after the horse had bolted.

As far as long term prospects go, the recent contracts are very encouraging and it could be a good investment. I haven't read into the details though and can't comment on what they mean to it's earnings.

All the best.

 

[johnno261]

Re: POTENTIAL BREAKOUT Alerts

I'm not sure Johnno. It might be all over, or it could continue. The pattern of the past few months has been breakout, massive 1-2 day gains then stabilisation and pullback - generally IMO. This may or may not keep going depending on the mood of the market and what else comes along to grab traders attention. Well done if you were holding it a few days ago. Perhaps it will have another good day on Monday. One for the experienced day traders to manage now perhaps. I'm not sure if newbie traders like myself would get involved with something like this after the horse had bolted.

As far as long term prospects go, the recent contracts are very encouraging and it could be a good investment. I haven't read into the details though and can't comment on what they mean to it's earnings.

All the best.

Kenna maybe worth your while to do some research on ADY. The Iron Ore Contracts just signed with Wahuna Iron and Steel will add huge value to ADY's bottom line based on 3.6mtpa with first shipment early Feb. 9 mines due to ramp up production as of mid year with upgrade in tonnage to 5mtpa as stated by the MD in Fridays Fin Review.
ADY has only just begun its run confirming a breakout based on closing above resistance level @ 12 cents. To say the horse has bolted is very narrow thinking given the fact of future income commencing in 3 weeks from its 3.6mtpa contracts.

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Kenna maybe worth your while to do some research on ADY. The Iron Ore Contracts just signed with Wahuna Iron and Steel will add huge value to ADY's bottom line based on 3.6mtpa with first shipment early Feb. 9 mines due to ramp up production as of mid year with upgrade in tonnage to 5mtpa as stated by the MD in Fridays Fin Review.
ADY has only just begun its run confirming a breakout based on closing above resistance level @ 12 cents. To say the horse has bolted is very narrow thinking given the fact of future income commencing in 3 weeks from its 3.6mtpa contracts.

Johnno, this is a 'potential' breakout alert thread and ADY has clearly broken out. Joe Blow will close this thread down if members keep on posting stocks on this thread that do not meet the criteria of a 'potential' breakout and should be in the breakout thread (when they break out) or in the company thread.

I will delete any future post of yours in this thread if it is not a 'potential' breakout. Narrow thinking implies lack of intelligence. Careful.

 

[Dutchy3]

Re: POTENTIAL BREAKOUT Alerts

Chart attached ... comments welcome

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Chart attached ... comments welcome

Yep, looks good dutchy3. A bit like the TLS chart actually. A bit of a rounded bottom too. Looks very promising. Perhaps the only thing that will stop this breaking up is general market downturn IMO. Cheers.

My own chart just for extra illumination......