Potential Breakout Alerts!

[peter2]

Re: POTENTIAL BREAKOUT Alerts

I agree there were no price break-outs in June - Aug. However there are three instances of strong demand (high volume up bars) and each time supply satisfied the demand quickly (price dropped). I think it reasonable that supply might still be present at these price levels reducing the probability of a successful break-out >0.50. I think a break-out above 0.65 has a better chance of success than a break-out above 0.50.

Buyers of RMS between Jun - Aug that did not sell have endured losses for six months. These holders will remember their past buy price and many will sell as the price returns to this level. I am sure that as an experienced market participant you will have noticed that price (current market sentiment) does encounter more supply at prior support levels and old highs. The period of time between these encounters can be days, weeks, months and years apart.

 

[tech/a]

Re: POTENTIAL BREAKOUT Alerts

Very nasty day which would have seen many whipsawed.

Supply needs to either dry up or be bought out.
Such a large swing indicates lack of depth on the
Buy side as sellers accept lower and lower prices.

Today will indicate whether supply still rules.

Still like this basing pattern.
I wouldn't give up on it.

 

[willstor]

Re: POTENTIAL BREAKOUT Alerts

Might be a bit optimistic but I'm on the board at 45c RMS.

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

MXI is a contender.

https://www.aussiestockforums.com/forums/showthread.php?t=4716

Cheers
Country Lad

 

[willstor]

Re: POTENTIAL BREAKOUT Alerts

Might be a bit optimistic but I'm on the board at 45c RMS.

I'm in.

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

I'm in.

Gutsy buy. I may be wrong, but it smells like lack of market sentiment and a bit more of the downwards stuff at the moment.

Cheers
Country Lad

 

[Garpal Gumnut]

Re: POTENTIAL BREAKOUT Alerts

Gutsy buy. I may be wrong, but it smells like lack of market sentiment and a bit more of the downwards stuff at the moment.

Cheers
Country Lad

Agree +1

Time will tell.

Breakout looked promising. Now I'm not so sure.

gg

 

[pixel]

Re: POTENTIAL BREAKOUT Alerts

Third time lucky maybe?

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

PPC

https://www.aussiestockforums.com/forums/showthread.php?t=20367&p=752130#post752130

Cheers
Country Lad

 

[willstor]

Re: POTENTIAL BREAKOUT Alerts

Is there something break out ish going on with HVN? Seems to be challenging 2 bucks the last week...

 

[Joe Blow]

POTENTIAL BREAKOUT Alerts

Folks, just a reminder that charts are mandatory in this thread.

If you nominate a stock as a potential breakout it needs to be accompanied by both a chart and some brief analysis.

This reminder only applies to those who have not been been posting charts or analysis. To those that have been, thank you!

 

[Country Lad]

Re: POTENTIAL BREAKOUT Alerts

Folks, just a reminder that charts are mandatory in this thread.

PPC

https://www.aussiestockforums.com/forums/showthread.php?t=20367&p=752130#post752130

Is the link to the chart acceptable Joe? I thought that having it in the share thread would make the charts easier to reference later.

Cheers
Country Lad

 

[Joe Blow]

Re: POTENTIAL BREAKOUT Alerts

Is the link to the chart acceptable Joe? I thought that having it in the share thread would make the charts easier to reference later.

Country Lad, as long as the post you link to contains both a chart and a brief explanation, that's fine. If it just contains a chart, please post some brief analysis - just a sentence of two will do - explaining why you see the stock as a potential breakout.

 

[willstor]

Re: POTENTIAL BREAKOUT Alerts

re HVN attached is a 3 month chart (if it works). To me it seems to be finding buyers for a push to 210...I hold this stock.

 

[Trembling Hand]

Re: POTENTIAL BREAKOUT Alerts

This thing came up on an alert this morn,

 

[burglar]

Re: POTENTIAL BREAKOUT Alerts

This thing came up on an alert this morn, ...

I was just reading about them.

ECHO RES. (EAR)
"Bonanza Gold Grades, Julius Gold Discovery"

Read More:

http://www.asx.com.au/asxpdf/20130205/pdf/42cvd484qmr577.pdf

 

[pixel]

Re: POTENTIAL BREAKOUT Alerts

AGO could fit the description:
Yesterday broke the falling resistance; today re-tested the trendline and went onwards and upwards.
I bought into the Close.
Still a tight stop loss; if it gets past $1.60 tomorrow, I'll relax a little more - may even add in the low 1.60's.

 

[Purple XS2]

Re: POTENTIAL BREAKOUT Alerts

AHZ - Allied Healthcare Group. Early days? insufficient data?

from the fundamental side of things:

• recent cap-raising concluded late January (not oversubscribed: something like 95% of shares available taken up).
• Issue price for the C-R was 0.020. Price support has been strong since C-R closed on 18th Jan.
• Today had a mini-surge.
• Volume building.
• Possibility of announcements in the short-term. Stated purpose of the C-R was to advance approval and commercialisation of surgical patch technology, a long-time in the development.

might go POP!. Might not. DYOR.



i disclose holdings in AHZ.
I also disclose interest in the February tipping comp.

 

[willstor]

Re: POTENTIAL BREAKOUT Alerts

re HVN attached is a 3 month chart (if it works). To me it seems to be finding buyers for a push to 210...I hold this stock.

View attachment 50738

There it goes...

 

[Trembling Hand]

Re: POTENTIAL BREAKOUT Alerts

There it goes...

Pretty selective breakout is it not? Heap of old highs to get over yet.