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Potential Breakout Alerts!

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Re: POTENTIAL BREAKOUT Alerts

I'd say it is range bound and looking like building strength.


(Weekly chart 3 years, expandable).

Could be worth watching for continuation, looking good so far and not a bad gold stock to be following. Good signs of accumulation with increased volume since August this year.
 
Re: POTENTIAL BREAKOUT Alerts

With you Geoff
And with you Pixel if I had to trade it!
 
Re: POTENTIAL BREAKOUT Alerts

Haven't the time to post charts
but these are definitely great prospects.
Dont toss them off the watch list if they dont perform tomorrow!

RCR
PGA
PVM
ABU
 
Re: POTENTIAL BREAKOUT Alerts

Not sure of everyones criteria for "potential", but DRX which I have mentioned in its own thread, is certainly worth keeping an eye on.

Its been simmering for a while, and whether this move is "trader based" or "leaky boat syndrome", it looks like something is on the boil

Formed a recent classic double bottom on low volume .... now moving up quickly on increasing (but not high) volume ...... very interesting both technically and fundamentally.
 

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Re: POTENTIAL BREAKOUT Alerts

DYE and MYG did me the favour today. Both may come back to re-test the breakout level, offering the opportunity to join the fun. (GXY possibly as well, but that might be too close to target for a significant new position. I hold all three.)



 
Re: POTENTIAL BREAKOUT Alerts

Killed GXY at .96 after a run
Bought in at $1 then out at .96 Traded SPI to even out!
Havent had a chance to look too hard at others mentioned.
Keep them coming though I dont see them all!
 
Re: POTENTIAL BREAKOUT Alerts

Possibility for GGP, almost touching a year high today, breaking out of a 0.016-0.018 range. Though wish I picked it up in late August.
 

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Re: POTENTIAL BREAKOUT Alerts

Due to its low volume, my scan only picked this one up today.
It's very speccie, but has some serious upside potential. I hopped on today.

 
Re: POTENTIAL BREAKOUT Alerts

pixel said:
Due to its low volume, my scan only picked this one up today.
It's very speccie, but has some serious upside potential. I hopped on today.

View attachment 45213
Click to expand...


Hi Pixel, Hope it works out for you. The Cons for me on AVQ ...

Litigation issues still pending, and a lack of cash until that is sorted. ......... Of course it will now double overnight just to prove me wrong !! .....

It does look a lot better than one of my other trades earlier this week though !!




A follow up on DRX today ...... Interesting that the majority of the money came into the stock at 10.5 cents ....... Anything lower than 10 cents was on lower volume.

In laymans terms, the retrace was not supported by any selling. The buyers are still reserved, but the price action looks "quietly bullish"


Breakdown of trades today on DRX :-

10.5 cents .......... $115,578

10 cents ............. $59,840

Under 10 cents .... $54,132

Further upside expected
 
Re: POTENTIAL BREAKOUT Alerts

IGR looking like it wants to breakout. has had a crack at 60c level twice, perhaps third time can get through, note the high volume on todays rise
 

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Re: POTENTIAL BREAKOUT Alerts

ABC.

What do people think? Is today absorption volume or selling?
It came back recently to test a very high volume area on very low volume. Is the supply gone?

I was in on the 25th. Not sure if I should sell or if a genuine break out is about to happen.


 
Re: POTENTIAL BREAKOUT Alerts


There is effort and there is supply
There isn't a breakout--yet.
Tomorrow will tell.
 
Re: POTENTIAL BREAKOUT Alerts


After the jump on the open today we saw a lot of profit taking then just towards 3pm a buy of 900,000 took the price back near to its high for the day at $3.06.

Interest was lost early in the day when it hit 3.08

A bit iffy yet in my view but a break above 3.20 if it holds could see a run.

On the chart I see a lot of overhead resistance in the 3.30/40 area.

The two year chart ought to give you an idea of this.

http://bigcharts.marketwatch.com/ad...alse&chartStyleToggle=false&state=9&x=27&y=18
c

However to answer your question, obviously the buyers won the day. Due to the gap up I would be setting a trailing stop at no more than 10% which would not be a lot of profit for your trade but it could retrace fairly fast on a bad day.

e
 
Re: POTENTIAL BREAKOUT Alerts

ABC looking strong in early trading, up 3% again this morning. It will be interesting to see if it enounters any resistance before the close
 
POTENTIAL BREAKOUT Alerts

GMG has broken an ascending triangle on volume.
A low volume retrace is now looking like a push up.
If there is a volume push there is a high probability that 73 and 78 will be the first targets.
SP has also crossed over the moving averages.

GMG invests mostly in warehousing properties for the fast growing internet based business sector
 

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