Potential Breakout Alerts!

[skyQuake]

Re: POTENTIAL BREAKOUT Alerts

SGX about to break out of (or false brk out of) triangle. Vol falling as it narrows.

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

SGX about to break out of (or false brk out of) triangle. Vol falling as it narrows.

The vol falling looks positive to me.

I usually wait till the resistance is broken on volume but a higher risk/payoff would be to get in at the lower end of the coil.

There has been quite a few of these the past few weeks and I have spectated as I thought the market was toppy and needed a few hundered points of consolidation....

Some more lines to consider..

 

[Aurum]

Re: POTENTIAL BREAKOUT Alerts

Tried to get on this one this morning but missed it,

Classic pennant/flag.

Mike.

 

[bonkerrs]

Re: POTENTIAL BREAKOUT Alerts

The vol falling looks positive to me.

I usually wait till the resistance is broken on volume but a higher risk/payoff would be to get in at the lower end of the coil.

You are saying you would wait until it bounced back up from 5.00 then get in on the way up from there? What do you mean with the vol?

 

[skyQuake]

Re: POTENTIAL BREAKOUT Alerts

Falling volume is a good sign; as the range narrows and it gets ready to spring out.

Could break either way though.

 

[johnnyg]

Re: POTENTIAL BREAKOUT Alerts

BRM showing signs of a turn. Divergence on the shorter time frame Stochastic (which Ive found to be useful for shorter term moves) along with good stopping volume today.

 

[johnnyg]

Re: POTENTIAL BREAKOUT Alerts

How about this one from left field. Check out the similarities on ELK. Those blue vertical lines are cycle lines............ *X-files music*.

 

[skc]

Re: POTENTIAL BREAKOUT Alerts

SMX
Having another dig
Will it hold this time?
Wouldn't that be great!

 

[fureien]

Re: POTENTIAL BREAKOUT Alerts

SMX
Having another dig
Will it hold this time?
Wouldn't that be great!

hmm did u factor in the fact that the recent rise is due to the pelion acquisition. consideration was paid by issuing additional securities at 2.79 so doesnt that mean dilution... forgive me if im wrong but wouldnt we be likely to see a bit of a sell off. momentum is down today too or will it establish itself as a new support...sorry still learning

 

[Boggo]

Re: POTENTIAL BREAKOUT Alerts

Looks like CNM is about to have another attempt.

(click to enlarge)

 

[Kryzz]

Re: POTENTIAL BREAKOUT Alerts

NAB forming a triange

 

[db96]

Re: POTENTIAL BREAKOUT Alerts

HEG

Spot gold is looking strong

 

[skc]

Re: POTENTIAL BREAKOUT Alerts

hmm did u factor in the fact that the recent rise is due to the pelion acquisition. consideration was paid by issuing additional securities at 2.79 so doesnt that mean dilution... forgive me if im wrong but wouldnt we be likely to see a bit of a sell off. momentum is down today too or will it establish itself as a new support...sorry still learning

As this is a technical analysis thread you must excuse the fact posters may know nothing about the stock itself.

As for SMX, the recent acquisition is tiny. Pelion has $6m in revenue and the issue of some 100K shares against a total of 66m will hardly cause a ripple.

 

[ragchewer]

Re: POTENTIAL BREAKOUT Alerts



One for the watch list,,,ADI.

Rags

 

[ragchewer]

Re: POTENTIAL BREAKOUT Alerts



WRK for the watchlist

Rags

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

One for the watch list,,,ADI.

Rags

Can you explain why ADI is a potential breakout please.

 

[outback]

Re: POTENTIAL BREAKOUT Alerts

Can you explain why ADI is a potential breakout please.

I thought I was the only one that didn't get it.

 

[ragchewer]

Re: POTENTIAL BREAKOUT Alerts

ADI,,,,
Had a base ceiling at 6c and then broke out on an increase of volume and now having a typical pull back.The volume build up down here is something to note for my books atleast.

ADI,,,is an OIL explorer in and around proven wells and POO is in a short term uptrend.

Rags

 

[ragchewer]

Re: POTENTIAL BREAKOUT Alerts



Maybe this helps why i suggest it goes on the watch list ???

Rags

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

ADI,,,,
Had a base ceiling at 6c and then broke out on an increase of volume and now having a typical pull back.

So, it's already broken out.

There is an OUTSTANDING breakout thread, that you may slip this in, but only just perhaps.