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Potential Breakout Alerts!

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Re: POTENTIAL BREAKOUT Alerts

Yep, they are the ones to watch tech/a.
I only scan the ASX300 so I would miss some of these.

As it is the weekend it is often interesting to look at the weekly charts and BMN is even more interesting now.
Unlikely to do another run similiar to that biggy from 15 cents to $3.16 !!!!

My modified turtle weekly breakout chart below.

(click to expand)
 

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Re: POTENTIAL BREAKOUT Alerts

Thanks Boggo, I'm just struggling to get the scan criteria right, and wanted some insight, I'll keep playing and see what I can work out.
 
Re: POTENTIAL BREAKOUT Alerts

Is a bottom in for AJL?

You can see the buy volume increase in the few days prior to the low on Sept 13th. Large volume at A seems to have provided a support zone.

The last few weeks of ranging shows some overhead supply, but a break through support at B elicited little volume and the next bar was an up day.

Its not clearly shown but Friday closed on it's high at 1.95 on volume.
This gives us a possible low risk breakout trade with some further supply expected at 2.20.
 

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Re: POTENTIAL BREAKOUT Alerts

UXA are trying a breakout this morning and by golly we need one after the drop over the years. Hopefully it's genuine this time with the first hours trading equivalent to a normal months trading in the stock. Presently up 0.5c to 4.8c with trading near 7 million shares.
 
Re: POTENTIAL BREAKOUT Alerts

Just a reminder that all stocks nominated as a "potential breakout" in this thread must be accompanied by a chart and some brief analysis, with a focus on what qualifies it as a "potential" breakout.


Will post up a chart of UXA for you.
 

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Re: POTENTIAL BREAKOUT Alerts

Potential Breakout Alert

PRR is forming a nice ascending triangle, Target 18c if we get a breakout




Lenny
 
Re: POTENTIAL BREAKOUT Alerts

lenny said:
Potential Breakout Alert

PRR is forming a nice ascending triangle, Target 18c if we get a breakout




Lenny
Click to expand...

There is some nice volume in there as well Lenny, any substantial news, our just "interest"
 
Re: POTENTIAL BREAKOUT Alerts

Hi noie, Its Pending a listing on the nasdaq, Which could lead to a re-rating.

As always dyor
Lenny
 
Re: POTENTIAL BREAKOUT Alerts

$20shoes said:
Is a bottom in for AJL?
Its not clearly shown but Friday closed on it's high at 1.95 on volume.
This gives us a possible low risk breakout trade with some further supply expected at 2.20.
Click to expand...

Over the last two sessions AJL cleared the minor range bound trading and is set to test a more important level at $2.20. A push above this level could be considered a breakout, given that 2.20 has been a significant barrier to further upside.

What set the scene here was the huge volume on the 22nd which, in hindsight, removed supply at these levels. We can see the subsequent day's trading was confirmation of this fact, with buyers able to move through the range on no volume - a telling sign ( no need to lock sellers in, there was no selling pressure left).

Targeting 2.65
 

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Re: POTENTIAL BREAKOUT Alerts

Joe Blow said:
A chart would be appreciated.
Click to expand...
Looks like a potential breakout maybe. Needs to clear that major horizontal resistance at 0.75 on decent volume. Otherwise it's sideways at best.
 

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Re: POTENTIAL BREAKOUT Alerts

I was doing some routine scans today and this one caught my eye, it may be one to watch with poking its head above a 12 month high.
here is a chart of AFR to keep the boss happy
DYOR
 
Re: POTENTIAL BREAKOUT Alerts

CPL seems to be in new territory now that it has broken through 1.13.
Also trading on the Toronto Stock Exchange which should keep it there.

(click to expand)
 

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Re: POTENTIAL BREAKOUT Alerts

As a matter of interest how much do you guys pay for your data? I used to use Almax but found out a while ago that I could make a watch list of all ASX stocks using WebIress, then copy and paste the data into Excel and run a VBA program to convert the data into a text file readable by Metastock. Thus I can now run intraday scans whenever I feel like it (only takes a few seconds). Anyone else doing anything like this? Sure beats paying Almax, and of course the data is up to date and not twenty minutes delayed.
 
Re: POTENTIAL BREAKOUT Alerts

This one's not very exciting and wont move fast because it's not exploring for rare earths or frac'ing anything, but potential break through this trading zone over the past 2 years. More than likely will fall back over but if it gets through could be worth a few %.
 

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Re: POTENTIAL BREAKOUT Alerts

QUB, Sorry I don't have permission to broadcast images of not my making, so I will let you guys look at it for yourself and decide.

Leading up to some large single buy orders, over the last couple of months, this one has been getting stronger, (Even with the Profit Taking last month), and continues to grow, even though volume has dropped post rush!

I am holding and I also say DYOR!
 
Re: POTENTIAL BREAKOUT Alerts

Nice ascending triangle on Investorfirst INQ. 4.5m buy orders to 0.4m sellers currently.
 

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Re: POTENTIAL BREAKOUT Alerts

can we post breakdowns as breakouts ? If not I apologise, but here goes QBE!

they have broken previous lows and heading south!
 

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Re: POTENTIAL BREAKOUT Alerts

AVA looks as though it could breakout. Current SP 19c. Market cap $22m

http://avivacorp.com.au/

Technicals

  • Increasing volumes
  • Bollinger Bands diverging
  • MACD and OBV looking very good
  • Old resistance at 25c
  • Broken through resistance at 15c. Now support



Fundamentals

$22m market cap.
Cash $3m ( & $1.5m due in Jan, $11m due on finalization of power project)

Various projects including:

  • Kenyan 2,800km² gold and base metals. Massive sulphides hit this week at VMS style copper deposit
  • WA gas & coal power project
  • 90% of 895mt Botswana coal and power station project. (CIC (TSX:CIC) have this week agreed to be sold to Indian conglomerate focusing on their 2.2bt coal next door. Price - $422m CAD).
    Project looking to produce 10mtpa of thermal which at current prices would be worth $1.09b pa.

Diagnosis/Prognosis: Hit hard by GFC and forgotten. Now with copper and coal prices bouncing back, money is beginning to flow back. On the coal reserves alone, this is the cheapest stock on the ASX @ $0.024c per resource tonne. Further upgrades expected.

See page 5:
http://metrocoal.com.au/uploads/130710_Patersons_Research_on_MetroCoal.pdf

 
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