Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

A couple of candidates from tonight's data

MCR, breakout with volume.
JML, still trying to get past 30c, runs out of steam (vol) on each attempt although overall volume is up with the trend.

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Re: POTENTIAL BREAKOUT Alerts

I like the look of this stock IDL small triangle, OBV is up and volume is falling.

is falling volume good?
i thought high volume was good? sorry im still learning

and kennas what charting program or site is that gmg graph from? i see you posting them alot i havent found a site that shows good volume graphs like that one
thanks

oh and jml broke 30 cents this morning just now 31.5 cents atm

*edit*
just went nuts again 32 cents now
good time to buy? lol
 
Re: POTENTIAL BREAKOUT Alerts

is falling volume good?
i thought high volume was good? sorry im still learning

and kennas what charting program or site is that gmg graph from? i see you posting them alot i havent found a site that shows good volume graphs like that one
thanks

oh and jml broke 30 cents this morning just now 31.5 cents atm

*edit*
just went nuts again 32 cents now
good time to buy? lol
Big Charts. It takes a while to get to the settings you want but there's lots of options. Free, delayed a few minutes. I like it more than the charts I pay for. :cautious:

http://bigcharts.marketwatch.com/
 
Re: POTENTIAL BREAKOUT Alerts

PTR
PETROTHERM

I know its a Geothermal :eek:

But i have traded this stock in the past and have done well
currently do not own but some recent news may make it run

1, announced yesty that one of the worlds largest power company's is looking over PTR tenaments in Spain a french company by the name of Veolia AKA electricity France who already has 10 geothermal intrests in France

2, Ptr has 1sr drill rig arriving this month ( create some media attn )

3, running a different system to GDY

4, Minotaur resources have just taken up their options approx 1 million $ worth

5, Ptr just had a successfull cap raise 4-5 mill cash

6, seemed to be forgottten in the market
Price was hammered and volumes went off a cliff

7, Volumes are up yesterday and today sp up approx %15

8, SP still quite low on its history

9, PTR still has Joint Venture agreements with TRU Energy and Beech Petroleum

Iam listing this on here to see if we can generate some comments ??
still on the fence waiting for volumes to build for awhile
but it may be worth a look
I have no fancy graphs to list as of yet

10, as of today Kevin Rudds maybe promise on emissions being tighter in the future may re-boost activity in the sector

This is what i have found on the web in the last 24 hrs after ignoring it for 12 months
Any Comments ? As no action on the aussie forum link yet
Will try and get the Ptr link going on this site for some comment

http://www.petratherm.com.au/announcements.html
 
Re: POTENTIAL BREAKOUT Alerts

WPL close to testing resistance at $43.
 

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Re: POTENTIAL BREAKOUT Alerts

Just wondering if anyone has a heads up what is happening with these marine stocks.

Both seem to be tracking up strongly.

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Re: POTENTIAL BREAKOUT Alerts

WPL close to testing resistance at $43.

Would of loved this one down here!

wpl.png
 
Re: POTENTIAL BREAKOUT Alerts

Potential for IDL to continue again, volume down a bit today.

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Re: POTENTIAL BREAKOUT Alerts

Interesting chart for ROC. Seems to of completed 5 waves down from October 07 highs. Appears to be forming a Symmetrical Triangle/Contracting Triangle with prices coiling. We've also had a large increase in volume in the last week along with bullish divergence.

Could be one to watch.:2twocents

A bit of a followup on ROC. Pretty self explanatory. A good lesson learned. :banghead:
 

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Re: POTENTIAL BREAKOUT Alerts

TOL, Toll Holdings having another look today.

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Re: POTENTIAL BREAKOUT Alerts

A bit of a followup on ROC. Pretty self explanatory. A good lesson learned. :banghead:

ROC - rode a little bit of this. Now I've got a buy limit on the top of your box for a possible retracement. Many recent breakouts have retraced within the week before moving on again. Let's see.

TOL, Toll Holdings having another look today.

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Nice pick up. Worth a good look as it is a re-break of a false break. Need to close above $6.5 - not holding my breath given the way of the SPI.

If this fails, it might comes back down toward $5.5...
 
Re: POTENTIAL BREAKOUT Alerts

Nice pick up. Worth a good look as it is a re-break of a false break. Need to close above $6.5 - not holding my breath given the way of the SPI.

If this fails, it might comes back down toward $5.5...
SKC. I'm trying to get an understanding on all things shares/trading. A newbie here.

Can you please provide more details on what you said?! The price jumped up to $6.80 today - that's a breakout right?
 
Re: POTENTIAL BREAKOUT Alerts

This one is from the energy sector and is displaying the same pattern as AOE (which is also in the energy factor). AOE decided to break on the 14th of April, when the XAO was going sideways.

MEL.png
 
Re: POTENTIAL BREAKOUT Alerts

SKC. I'm trying to get an understanding on all things shares/trading. A newbie here.

Can you please provide more details on what you said?! The price jumped up to $6.80 today - that's a breakout right?

Actually closed at $7.18. So that's a break out alright.

Some traders/educators believe that the close is the best indicator for how strong and committed the buyers/sellers are, and is where the smart money show their hand. So a strong close is a good confirmation.
 
Re: POTENTIAL BREAKOUT Alerts

IMD. Second time luck over $0.45 perhaps.
 

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