Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

MGX looking prospective.

Thanks for the alert Kennas. It looks like a confirmed break out now. Well spotted!

I now have some spare change to buy easter eggs :)
 
Re: POTENTIAL BREAKOUT Alerts

Thanks for the alert Kennas. It looks like a confirmed break out now. Well spotted!

I now have some spare change to buy easter eggs :)
Outstanding breakout now. No eggs until you sell remember. :)
 
Re: POTENTIAL BREAKOUT Alerts

TSE has just gone through a resistance at $2.1 which has been holding it back for months. Volume not too interesting, so need a strong close.

Looking good today and from hereon. Has broken the 2.1 and has held.

(I hold TSE)
 
Re: POTENTIAL BREAKOUT Alerts

I don't have a screenshot but AGS in my opinion looks good.
Has to break the .60c mark and then we should be flying.
 
Re: POTENTIAL BREAKOUT Alerts

Bucket loads of em today... :)

IRN SDL MMX CXG KZL , just to name a few...

Just like the old days atm..
 
Re: POTENTIAL BREAKOUT Alerts

New to using charting to determine a potential breakout, what are peoples thoughts on HZN? lower resistance has found support a number of times over the last few months, BTW I hold HZN.
 

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Re: POTENTIAL BREAKOUT Alerts

New to using charting to determine a potential breakout, what are peoples thoughts on HZN? lower resistance has found support a number of times over the last few months, BTW I hold HZN.

Look poised for a potential break - down.
 
Re: POTENTIAL BREAKOUT Alerts

New to using charting to determine a potential breakout, what are peoples thoughts on HZN? lower resistance has found support a number of times over the last few months, BTW I hold HZN.

Yuck
You actually trade that?

I just drew something in paint for you
This might help you

triangles.png


You can thank me later :eek:

Brad
 
Re: POTENTIAL BREAKOUT Alerts

COE seems to be holding up in a negative environment.

(click to expand)
 

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Re: POTENTIAL BREAKOUT Alerts

Yuck
You actually trade that?

Brad

I have, and done OK.

Bought in at 0.13, sold at 0.17 +%30

Bought in at 0.145, sold at 0.165 +%13.5

Bought in at 0.11, should have sold yesterday


Didn't know whether or not there was a correct term for breaking out with respect to SP up or down, now I know breakout - SP up, breakdown - SP down. In that situation of HZN it could be shorted, or in my case getting out at the best time. Turns out I was only hours too late :banghead:
 
Re: POTENTIAL BREAKOUT Alerts

ACL
 

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Re: POTENTIAL BREAKOUT Alerts

ACL- (see chart above)

Massive run up on high volume. In classic penant pattern. Volume dropped off as it has corrected and consolidated. Volatily has been squeezed out today to an absolute calm before the next big move. Total equilibrium.

OBV is pointing up, Accumulation/Distribution is sideways (not going down, meaning buying pressure), and a healthy market depth of 3:1 to the buyers that is growing by the day. Short term target is 40c....
 
Re: POTENTIAL BREAKOUT Alerts

ABY seems to be on the way at last.

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Re: POTENTIAL BREAKOUT Alerts

Little triangle here, but under resistance. Like to see them on top of support. There is a little ledge for some support i guess.

Cheers,


CanOz
 

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Re: POTENTIAL BREAKOUT Alerts

Flag pattern here, again some nice volume.

CanOz
 

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Re: POTENTIAL BREAKOUT Alerts

Keep an eye on JHX for some consolidation on 4.8, may be worth a trade later.

Missed that one earlier:banghead:

CanOz
 

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Re: POTENTIAL BREAKOUT Alerts

Cup and Handle?

Put it on the watch list, a specy for sure. Very low volume.

Cheers,


CanOz
 

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