Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

I guess amid the current gloom, this thread is left behind.

ADY breaking today, on big volume.

The reason for this is a favorable court ruling for ADY.Maybe some news coming up soon too.
Huh? Are you talking about the response they provided about a week ago on the pay back of the debt? Took a while to sink in then :rolleyes: They still have to pay by the end of September.
 
Re: POTENTIAL BREAKOUT Alerts

Have a look at this one. :eek:

Ticker GOLD, massive pennant, with target at 154 ~ 1540 AUD gold price...
 

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Re: POTENTIAL BREAKOUT Alerts

BHP bashing up against $32 again. Yet again.

The inverse H&S target looks tasty if it comes off.
 

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Re: POTENTIAL BREAKOUT Alerts

AUN has popped its head up, LNC has potential but not quite there yet...
 

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Re: POTENTIAL BREAKOUT Alerts

Broke through $32 whats your call now? 32.397 seems to be the pivot.
No breakout till EOD close above and then break away or test of the new support. Until then, very short term trade or put it in your grandchilds inheritance...
 
Re: POTENTIAL BREAKOUT Alerts

No breakout till EOD close above and then break away or test of the new support. Until then, very short term trade or put it in your grandchilds inheritance...
Yes a lot of supply back when it last tried to break $32. We had a strong case for support back on the 21st Nov with subsequent higher support since then. That goes out the window if supply continues, though.:2twocents



This is not advice and merely an opinion. Do your research.
 
Re: POTENTIAL BREAKOUT Alerts

or put it in your grandchilds inheritance...
I have grandchildren???

Thanks for these updates guys, i have no idea how to use charts, cant even UL the info into metastock, still working that bit out. But when i do, wooohooo, oh boy look out.
 
Re: POTENTIAL BREAKOUT Alerts

Yes a lot of supply back when it last tried to break $32. We had a strong case for support back on the 21st Nov with subsequent higher support since then. That goes out the window if supply continues, though.:2twocents

This is not advice and merely an opinion. Do your research.
Failed again at $32. Is this winding up for a big break, or is it just gong to topple over.....:confused: Watch and shoot I suppose.
 
Re: POTENTIAL BREAKOUT Alerts

Failed again at $32. Is this winding up for a big break, or is it just gong to topple over.....:confused: Watch and shoot I suppose.
Commodities up massively tonight Kennas. Still in, hasn't touched stops, and I have seen no reason to change my targets.
 

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Re: POTENTIAL BREAKOUT Alerts

Failed again at $32. Is this winding up for a big break, or is it just gong to topple over.....:confused: Watch and shoot I suppose.
I don't like BHP price action as it tends to jump here and there. The breakout needs to hold for me to have a go. The supply on the 18th Dec is what? Pre christmas profit taking? Or a bigger thing? :confused:
 
Re: POTENTIAL BREAKOUT Alerts

I don't like BHP price action as it tends to jump here and there. The breakout needs to hold for me to have a go. The supply on the 18th Dec is what? Pre christmas profit taking? Or a bigger thing? :confused:

Wasn't the high volume on that day due to futures expiry?
 
Re: POTENTIAL BREAKOUT Alerts

Bear flag, or ascending triangle potential breakout?

Not much resistance between $3 and $4
 

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Re: POTENTIAL BREAKOUT Alerts

I like the BHP chart Kennas, I very much hope that your right, and bhp
moves from the head n shoulders possy..

Metals where up last night, Aliminium, Copper, Lead, Tin, Zinc, and Nickel to go.

Fingers x
 
Re: POTENTIAL BREAKOUT Alerts

Another one to watch for a potential break up perhaps.
 

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Re: POTENTIAL BREAKOUT Alerts

Santos is now in the potential area

.
 

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Re: POTENTIAL BREAKOUT Alerts

Santos is now in the potential area

.

I see the end of a wave 5 @ ~$15.50ish on the hourly chart from 23rd Dec to today. Could see a small pullback before the next move up?

Definitely has potential.
 
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