Potential Breakout Alerts!

[PinguPingu]

Re: POTENTIAL BREAKOUT Alerts

BLY and AGO both looking good.

I'm in AGO. Wouldn't have minded BLY if I had some more capital.

Good work guys.

Looks likes a tad bit of resistence around 1.9 on the way to 2 for AGO.

 

[pavilion103]

Re: POTENTIAL BREAKOUT Alerts

I have FMS as a strong candidate.
and did anybody catch CSD on the hop? (I did)

What day and price did you get in for CSD?

I'm not sure why I didn't have that on my watch list, this is one of the types of patterns that I like to trade

 

[pixel]

Re: POTENTIAL BREAKOUT Alerts

What day and price did you get in for CSD?

I'm not sure why I didn't have that on my watch list, this is one of the types of patterns that I like to trade

I had been alerted to the first break in August; bought on the 28th a position at avg 5.2;
missed the break out of the flag pattern on Dec 12th and had to bid up;
my last buy was at 7.1c on the 28th.

 

[Kryzz]

Re: POTENTIAL BREAKOUT Alerts

Carsales (CRZ) is looking good, with positive volume traits too.

 

[Kryzz]

Re: POTENTIAL BREAKOUT Alerts

Another one for the watchlist: AQA (buy stop order @ 3.04). PAN & RMS also on my watchlist.

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Good posts Kryzz.

Potentially good trading opportunities.

 

[jancha]

Re: POTENTIAL BREAKOUT Alerts

Been watching SUD formerly EMS.
As it's changed it's name recently is it possible to look at the chart on both codes to establish a breakout?

 

[Boggo]

Re: POTENTIAL BREAKOUT Alerts

As Julia (Zemiro) would say "looking, listening, watching, learning" and wondering why this is having a significant jump in volume today around the resistance area.

Weekly chart - click to expand.

 

[willstor]

Re: POTENTIAL BREAKOUT Alerts

Another one for the watchlist: AQA (buy stop order @ 3.04). PAN & RMS also on my watchlist.

Hi kryzz. Out of interest can I ask what made you put RMS on your shortlist? I was in at 49.5 and 40 and closed out at 52.5 yesterday.

 

[Kryzz]

Re: POTENTIAL BREAKOUT Alerts

Hi kryzz. Out of interest can I ask what made you put RMS on your shortlist? I was in at 49.5 and 40 and closed out at 52.5 yesterday.

Hey mate, because it's breaking (hopefully) out of basing pattern, with good volume traits too.

Picked up a small parcel on Thursday.

 

[Kryzz]

Re: POTENTIAL BREAKOUT Alerts

BND - still has a ways to go, another to keep an eye on though.

 

[tech/a]

Re: POTENTIAL BREAKOUT Alerts

Hey mate, because it's breaking (hopefully) out of basing pattern, with good volume traits too.

Picked up a small parcel on Thursday.

Yes I like this one.
Good pick up

 

[pixel]

Re: POTENTIAL BREAKOUT Alerts

It may not be too late to catch the scooter.
This morning's update makes a very good impression, and more upside looks likely.

 

[pixel]

Re: POTENTIAL BREAKOUT Alerts

If the price of silver continues to firm, AYN should also benefit a lot more. (I hold one lt position and swing-trade some smaller ones for additional "income".)

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

CDA

https://www.aussiestockforums.com/forums/showthread.php?t=7426&p=750050#post750050

Cheers
Country Lad

 

[Garpal Gumnut]

Re: POTENTIAL BREAKOUT Alerts

Hey mate, because it's breaking (hopefully) out of basing pattern, with good volume traits too.

Picked up a small parcel on Thursday.

Is RMS officially a dawg again, or does the huge selldown on high volume today auger something else?



gg

 

[peter2]

Re: POTENTIAL BREAKOUT Alerts

One thing break-out traders should be looking for is price congestion to the left of the chart. The RMS chart shows three price levels where supply overpowered demand. These levels were 0.55, 0.60 and 0.65. The BO >0.50 puts price into this congestion. Sellers were happy to see the BO traders buying above 0.50 and they took them to the cleaners.

Trade BO's without nearby overhead resistance.
If you like this suggestion, add it to your setup checklist so you don't overlook it next time.

 

[notting]

Re: POTENTIAL BREAKOUT Alerts

I like it, thanks Peter.

I can't be bothered charting properly but, breaking out is trendy!

 

[Garpal Gumnut]

Re: POTENTIAL BREAKOUT Alerts

One thing break-out traders should be looking for is price congestion to the left of the chart. The RMS chart shows three price levels where supply overpowered demand. These levels were 0.55, 0.60 and 0.65. The BO >0.50 puts price into this congestion. Sellers were happy to see the BO traders buying above 0.50 and they took them to the cleaners.

Trade BO's without nearby overhead resistance.
If you like this suggestion, add it to your setup checklist so you don't overlook it next time.

View attachment 50536

Thanks peter2

gg

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

........... does the huge selldown on high volume today auger something else?

Rather benign quarterly activities report gg.

One thing break-out traders should be looking for is price congestion to the left of the chart. The RMS chart shows three price levels where supply overpowered demand...............

Sellers were happy to see the BO traders buying above 0.50 and they took them to the cleaners.

I don't prescribe to that theory. Firstly, your example assumes that there was a breakout last June and July which I can't agree with. Also, I haven't ever noticed any relationship between the current market sentiment and what happened six months ago. The market tends to price in current conditions and what's ahead rather than something that happened that far in the past.

Cheers
Country Lad