Australian (ASX) Stock Market Forum

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@aus_trader you might be interested in Gary Glover's channel on YouTube if you haven't spotted him. He's a breakout kind of momentum trader, in and out so not my approach (long term and also try at fundamentals) but I watch him in case he mentions a stock I'm interested in and he's a good explainer of his eclectic methods.


 
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Few more breakouts noticed while checking charts on Australia Day...

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Mining contractors such as the mega-cap WOR and previously posted NWH have been going up. Also noticed IMD...

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Also noticed an uptick happening in the Rare Earth stocks that I like to keep an eyeball on. REE looks to be in the early stages unlike ARU that's gone up to New-High's.

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A break-through stock for couples having trouble starting a family:

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Strength seen in the travel sector with stocks like WEB pushing recent highs. HLO was also observed breaking out...

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Also, in the property sector there is strong uptrend in CWP about to breakout and GDI Property Group breaking out:

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Rather than purchasing shares in Real Estate / Property related companies, I decided to buy some shares in a company that supplies products to the property sector, both residential and commercial. Equivalent of the good old picks and shovel strategy for the mining sector. Details in the Speculative Stock Portfolio. Possibly a potential breakout if it continues to uptrend.
 
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