Australian (ASX) Stock Market Forum

Re: POTENTIAL BREAKOUT Alerts

This is a bottom drawer speccy puppy that I almost forgot about until it started making some moves recently.

Needs to break out of the triangle, and then out of the longer term channel for a more sustained move.
 

Attachments

  • GCR.png
    GCR.png
    16.6 KB · Views: 1,279
Re: POTENTIAL BREAKOUT Alerts

So what exaclty do you look for in these Breakout alerts? Looks to me like a bunch of lines on a graph.

Is there a formula you use to pick these, or just random and hope for the best?

:bier:

blue
 
Re: POTENTIAL BREAKOUT Alerts

Hi Guys,

Please see BUL's chart below. I am not sure if it fits to your standards in this thread.

I can see on its chart there is a positive divergence created which means that SP is going to go up very soon, maybe tomorrow! (this is a not 100% correct indication though). This is IMHO, if anyone knows better than me s/he is welcome to correct me. (Pls see the chart below)

(A positive divergence occurs when the indicator moves higher while the stock is declining. A negative divergence occurs when the indicator moves lower while the stock is rising)

I hold BUL.
 

Attachments

  • bull_1.jpg
    bull_1.jpg
    107.4 KB · Views: 18
Re: POTENTIAL BREAKOUT Alerts

So what exaclty do you look for in these Breakout alerts? Looks to me like a bunch of lines on a graph.

Is there a formula you use to pick these, or just random and hope for the best?

:bier:

blue
You just need to understand support and resistance really. Look for stocks that are coming up to significant resistance for a break up, and support for a break down.

Significant means that the resistance or support is shown over a long period of time. Weeks and months. Not days.

Volume plays a roll as well, but more on that later.

Check out this for more detail with some good examples and a small section on breakouts.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistan
 
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*.

Well, only missed out by a bar or 2. Still a good R:R in there if you were on the lookout.
 

Attachments

  • ELK1.jpg
    ELK1.jpg
    181 KB · Views: 23
Re: POTENTIAL BREAKOUT Alerts

CTP

The top line hasn't been tested enough times that it might not be a resistance level, but the significant gap down due to the distribution of the rights issue (it went ex long before that) and what's happening to the volume makes this one interesting to me.

Disclosure: Currently (temporarily perhaps) long CTP.
 

Attachments

  • ctp.JPG
    ctp.JPG
    118.5 KB · Views: 16
Re: POTENTIAL BREAKOUT Alerts

CFU (Ceramic Fuel Cells Limited)
 

Attachments

  • CFU Pennent.jpg
    CFU Pennent.jpg
    52 KB · Views: 862
Re: POTENTIAL BREAKOUT Alerts

Hey I'm not to good at this but is this a potential Breakout.
The chart is using a point and figure.
Kind of makes it easier to see..
 

Attachments

  • aqa_ax_point_and_figure___reversal_3___boxsize_1___priceoption_highlow.07jan09_to_17jul09.png
    aqa_ax_point_and_figure___reversal_3___boxsize_1___priceoption_highlow.07jan09_to_17jul09.png
    7.3 KB · Views: 658
Re: POTENTIAL BREAKOUT Alerts

I'm complete new to this. What do you think of this one?

Volume right down. Uptrend forming for about 3 months.

Untitled-1-8.gif
 

Attachments

  • Untitled-1-8.gif
    Untitled-1-8.gif
    6.4 KB · Views: 0
Re: POTENTIAL BREAKOUT Alerts

ene
big.chart


takeover news at 2.8$
currently $2.4 ish

increasing obv
macd and stochastc are indicating a buy
flag and pennant formed
also happens to reach a 6 month breakout point at $2.50 has tested this several times this week.


i hold ene
 
Re: POTENTIAL BREAKOUT Alerts

A lot of insto activity at CFE. Possible breakout approaching.
 

Attachments

  • CFE.png
    CFE.png
    17.9 KB · Views: 371
Re: POTENTIAL BREAKOUT Alerts

AZZ

big.chart



i believe a flag and pennant has formed and might bounce back up from 30 cents again
 
Top