• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

Potential Breakout Alerts!

Discussion in 'ASX Stock Chat' started by kennas, Dec 19, 2006.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. Telamelo

    Telamelo

    Posts:
    156
    Likes Received:
    0
    Joined:
    Jun 16, 2011
    STL strong open +7.69% .. looking bullish imo

    Stochastic Oscillator
    %K(14,3): 50.0+ %D(3): 42.6+
    RSI (14) : 55.8+

    84 buyers for 11,097,420 units vs only 21 sellers for 3,466,001 units

    Cheers tela
     
  2. pixel

    pixel DIY Trader

    Posts:
    5,359
    Likes Received:
    319
    Joined:
    Feb 3, 2010
    Could the cap raising @3.6cps, ending today, have anything to do with the push-up?
    During the last fortnight, it has mostly been trading at or below the 3.6c level, which would have kept a lid on people's interest.

    STL o 23-06-16.png
     
  3. Tape Trader

    Tape Trader

    Posts:
    16
    Likes Received:
    0
    Joined:
    May 20, 2016
    Came across FNP today.

    From Jan-May it formed a wide base.....

    You see the gap up on 27th May?.....didn't happen on news- interesting.

    It's forming a flag here
    It needs to tighten up abit

    Lets see if it kicks on once pressure from BREXIT is released.

    :)fnp_ax02jul15_to_11jul16.png
     
  4. pixel

    pixel DIY Trader

    Posts:
    5,359
    Likes Received:
    319
    Joined:
    Feb 3, 2010
    You made some good points, TT; Thanx for the heads-up :)
    I added my :2twocents to the FNP thread.
     
  5. Telamelo

    Telamelo

    Posts:
    156
    Likes Received:
    0
    Joined:
    Jun 16, 2011
    AUD Gold now @$1,810oz or US $1,330oz !! Check out MAT (cashed up goldie, both on FA/TA looks beaut imo) http://au.investing.com/equities/matsa-resources-ltd (turned quite bullish after yesterday's excellent announcement etc.)
    36 buyers for 1,544,669 units vs only 11 sellers for 287,621 units

    please dyor.. Cheers tela
     
  6. Telamelo

    Telamelo

    Posts:
    156
    Likes Received:
    0
    Joined:
    Jun 16, 2011
    MAT pushing higher @.17c with some decent bids stepping up ..... .20c next stop for a breather perhaps imo Cheers tela
     
  7. Tape Trader

    Tape Trader

    Posts:
    16
    Likes Received:
    0
    Joined:
    May 20, 2016
    One for the Gold Bugs...

    SLR- Silver Lake Resources

    Each pullback inside the base has been smaller and smaller (26%,16%,7%).

    This tells me less and less stock is being distributed and supply is drying up.....

    Happy Trading

    TT

    slr_ax07jul15_to_14jul16.png
     
  8. pixel

    pixel DIY Trader

    Posts:
    5,359
    Likes Received:
    319
    Joined:
    Feb 3, 2010
    Cynic old me sold far too early into the Lithium rally. (But I did buy back early enough to sit again on a nice little stockpile. :cool:)

    18c being the next resistance from several viewpoints, it seems another breakout could be on the cards. This time, I'll keep holding and may even average up if the break plays out "by the book".

    KDR Fib 04-07-16.png
     
  9. pixel

    pixel DIY Trader

    Posts:
    5,359
    Likes Received:
    319
    Joined:
    Feb 3, 2010
    AZY could be next to move above Darvas resistance.
    DYOR - it's a risk; I hold already. Tight Stops and strict Speccie Rules.

    AZY Fib 04-07-16.png
     
  10. Nortorious

    Nortorious

    Posts:
    365
    Likes Received:
    8
    Joined:
    Mar 17, 2011
    Nice pick up Pixel. I'm in AZY myself using a similar strategy to the Darvas approach. Had my pilot buy and then additional buys late last week.

    Check out RMS for a set up that matches the Darvas higher box approach. It had a nice day today with solid volume as it moved out of the box range it was trading in.
     
  11. Nortorious

    Nortorious

    Posts:
    365
    Likes Received:
    8
    Joined:
    Mar 17, 2011
    AZY looks set to break out today or next week with some nice volume this morning plus a push up to 0.06.

    Train is leaving soon....
     
  12. pixel

    pixel DIY Trader

    Posts:
    5,359
    Likes Received:
    319
    Joined:
    Feb 3, 2010
    Thanks Mr N.
    I trust your good judgment ... and my charts
    Have doubled up in today's pullback :cool:

    AZY pm 08-07-16.png

    I do notice, however, that the PULSE system is flagging the second 6c seller line as an "Iceberg Offer". As I type, it has been moved to 6.3c. somewhat fishy ... :)
     
  13. Nortorious

    Nortorious

    Posts:
    365
    Likes Received:
    8
    Joined:
    Mar 17, 2011
    Thanks for trusting my judgement but I'm with you, I trust the charts over my judgement ;)

    I doubled down last week so was sitting and waiting this week. Great to see my hypothesis being realised on this stock and whilst it was tempting to add more this morning, the overall portfolio risk was too high.

    Nevertheless, good profits gained today and my trailing stop can be adjusted upwards.

    RMS had some nice movement as well but that doesn't seem to have got much attention.
     
  14. cropcos

    cropcos

    Posts:
    47
    Likes Received:
    6
    Joined:
    Jun 22, 2008
    SHV has formed a rounded base, shot higher on increased volume and is taking a breather. the shallow retracement of the recent high offers a low risk entry. watch for a break of $7.56

    SHV.png
     
  15. Telamelo

    Telamelo

    Posts:
    156
    Likes Received:
    0
    Joined:
    Jun 16, 2011
  16. Wyatt

    Wyatt

    Posts:
    204
    Likes Received:
    164
    Joined:
    Aug 3, 2015
    A couple of nice eye candy charts, if you haven't already noticed.

    ALU.png

    MND.png

    Could be a little late on ALU, but MND has hit an 12 month intraday high today and may breakout. Both have good potential dividends coming soonish.

    Cheers,
    Wyatt
     
  17. Nortorious

    Nortorious

    Posts:
    365
    Likes Received:
    8
    Joined:
    Mar 17, 2011
    ALU looks good as a continuation breakout candidate. Nice find.

    MND I would await some more demand/volume to come in as it could turn into a false breakout quickly without that demand.
     
  18. Nortorious

    Nortorious

    Posts:
    365
    Likes Received:
    8
    Joined:
    Mar 17, 2011
    It looks ok but there are better candidates out there. RNS seems to have a bit of background noise it will have to overcome before it breaks clear and zooms up. It's possible that it will, I'd just be wary of another drop before that happens (opportunity cost could be expensive given the other stocks on the move).
     
  19. Telamelo

    Telamelo

    Posts:
    156
    Likes Received:
    0
    Joined:
    Jun 16, 2011
    Thanks Nortorious.. I think/expect RNS to hold 0.06c support level imo as chart looks bullish. Been accumulating on the dips whenever possible and happy to continue doing so.... Cheers tela
     
  20. Telamelo

    Telamelo

    Posts:
    156
    Likes Received:
    0
    Joined:
    Jun 16, 2011
    MLM alert (has $2.3M cash in the bank & is a near term Bauxite producer up in Weipa, QLD)

    A close over 3.7c ...on 3m+ vol = breakout begins .. closed on vwap of 3.8c (+5.56%) on 4.26m vol!
    A close over 4.2c ...on 5m+ vol = major breakout ... to test old tops of Feb 17 2016...at 5.6c

    https://www.anzsecurities.co.nz/directtrade/dynamic/quote.aspx?qqeg=AU&qqsc=laa&QuickQuote= Go

    http://www.abc.net.au/news/2016-03-29/bauxite-in-demand-by-china-as-global-supply-tightens/7266034

    "Path quickly cleared for Bauxite project" - scheduled for production H1 2017

    Federal Govt ruling stating MLM does not require any environmental impact statement assessment (for Urquhart Bauxite project) and consequently given this major milestone, it confirms project on track for a low capital start up within H1 of 2017

    http://www.publicnow.com/view/649EDAFE07269F52BE805089A39D0778743D2A48

    Please DYOR as always ....... Cheers tela
     
Loading...

Share This Page