Potential Breakout Alerts!

fureien said:

ive been looking at ALL for a month or so. i personally bought it after the capital raising. picked some up at $3.25 since then its gone up 20%
but as predicted its hit the $4 resistance and plummeted down again.

its currently about halfway down, but today it opened lower but recovered a little at close.

because of the recession, gambling is obviously low, so aristocrat has been hit by lower sales, but its similar to FLT in the sense that, if it pulls through it will do well. it has had a good history so im holding this for the long run.
im not sure if i posted the chart correctly, but its a 3 month chart. OBV is dropping, but i think one should wait until it hits the support again, before riding it back up. theres about a 20% range between the support and resistance, so even if you dont think it will break anytime soon, selling out then would still pocket u some nice change. i thought id post it here before it hits the support so people dont miss out and can do their own research.

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sandybeachs said:

came up on one of my scans as "potential breakout alert"

ITC looks like it might be heading higher & it's one that should be watched closely in the coming days, it seems as though it could make a good opportunity for a trade.

we are just seeing a "crossover of the moving averages, volume heading higher & MACD crossover as well",

we'll watch this one very closely as it could be a good pick up on a "potential breakout alert"

all in all this makes an excellent "potential breakout alert"

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sandybeachs said:

what a miracle seems as though i got one right, may be this is my this where my talents lay "POTENTIAL BREAKOUT Alerts".

may thanks for not receiving a "infraction notice".

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skc said:

The channel makes good trading for sure, but this is hardly potential breakout alert materail?

ALL if anything has a poor history of near disasters and disappointed earnings. Their problem is not about people not gambling in recession (they do), but casinos don't buy new pokies. Their growth has been spurred by more pokies in more pubs in the last few years, but one wonder how much that can continue.

To Mod: Feel free to move this to the ALL thread.

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YOUNG_TRADER said:

GCR could be a breakout past 2c 2.5M traded so far bulk of it 2c-2.1c

For fundies see GCR thread

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sagitar said:

Hi all,
Thought I'd share one which looks promising - FML. There's no shortage of shares being traded on this one so liquidity is a big bonus here. Daily trades equate to somewhere between 20 to 40 million. Buyers are heavily stacked against the sellers. Long term there's been a strong symmetrical triangle developing which is nearing a break point - if it breaks up I have a preliminary target of around 4.6c, although short and medium technical resistance points are 5.6 and 9.7c. Clearly quite a bit of accumulation appears to occurring so it will exciting to watch this one play out.
cheers
Sagitar

ps. One to certainly keep an eye on...

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sw3 said:

G'day sagitar,

I've followed a few of your posts and I was wondering if you could give a bit of an insight to your trading past? I'd be interested to know how long you've been doing it (always have my ears open)! Cheers, sw3

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db96 said:

GCL

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