Potential Breakout Alerts!

[Greynomad99]

This looked like it was breaking up on Friday with a nice candle, then they came out with what looked like a very nice driling update this am and kapow, down 10%. Very unusual. Maybe a buy the rumour sell the facts type thing.

So, still in pre-potential breakout position...

This pattern isn't a particularly tidy one and could also be a flag (rectangular) rather than a pennant. The pattern doesn't follow a technical 12 week uptrend or downtrend but price has generally been falling and I'd not be backing this one to break up as I probably lean more to it breaking down. A confident close below $0.38 would suggest 'game over' to me.

 

[Sean K]

This pattern isn't a particularly tidy one and could also be a flag (rectangular) rather than a pennant. The pattern doesn't follow a technical 12 week uptrend or downtrend but price has generally been falling and I'd not be backing this one to break up as I probably lean more to it breaking down. A confident close below $0.38 would suggest 'game over' to me.

Yeah, I think it could break either way. The market is waiting for confirmation their Earaheedy discovery is legit. I think if they eventually, one day, perhaps, focus and get out some more significant drill results that fill it in a bit it will do a Chalice and take off.

 

[Sean K]

$12 looks like a possible target, but price needs to break above current resistance level.
View attachment 133249

Breaking up.

 

[Sean K]

This may have already broken out, but prolly needs some follow through above the resistance.

 

[peter2]

TWE: Potential break-out above 12.36. Initial target is the old high (13.34).
I like that price is trading in a tight range just below the BO level. This allows short term traders to trade with a smaller initial stop loss size.


Disclaimer: I've already bought the small abc correction pattern. Any new BO would be a pyramid opp for me.

 

[Greynomad99]

TWE: Potential break-out above 12.36. Initial target is the old high (13.34).
I like that price is trading in a tight range just below the BO level. This allows short term traders to trade with a smaller initial stop loss size.


Disclaimer: I've already bought the small abc correction pattern. Any new BO would be a pyramid opp for me.

Yes, I'd say it needs to get above $13 to see a potential target of $15.58 Never been a big fan of TWE given its past reliance on Chinese market.
PS Interesting chart for anyone into Elliott Wave. Classic pattern with 2018 high end of W5 followed by A, B and recently C - but where is Wave 4?I cant see it for the life of me. Unless perhaps this is a really large cycle and what I see as an ABC fall is really just a big W4 and prices are moving up into a W5. Not sure.

 

[Sean K]

It's had 3 goes at breaching 27c. Not much volume yet.

 

[aus_trader]

BRN which has been a popular stock amongst traders, could be about to break into all time high's...



Should've picked it for January stock tipping, I picked another tech stock 4DS which has gone backwards

 

[Soke]

Hi I'm new here, finding this post very interesting fellas! I also noticed that the aviation related stocks (e.g., Qantas, FlightCentre, and Webjet) are following - at least what I believe - a wyckoff accumulation phase. We're now heading into the mark-up phase of the cycle IMO . I also think ticker FMG is now in an extended accumulation phase. Below is the chart for FMG, it shows how smart money have exited by distributing their holdings during the distribution phase. This may be a good time to - as the name implies - to accumulate!

View attachment 130756

This is my estimation on how the accumulation - by following the wyckoff accumulation schematic - may potentially playout.
View attachment 130757

 

[frugal.rock]

Brainchip possibly set to rocket

Posted 21 October,2021...
I don't post in here willy nilly... although PIL failed to achieve greatness, but I'm still holding and bought more...

NCZ
No promises.
Held and in the yearly comp for me.
Caution, volumes are thin and your playing with the big boys, so no shenanigans...?

 

[aus_trader]

BRN which has been a popular stock amongst traders, could be about to break into all time high's...

View attachment 135251

Should've picked it for January stock tipping, I picked another tech stock 4DS which has gone backwards

This one has broken out strongly and going on higher for whatever reason...?

 

[frugal.rock]

I'm eying TNG as a potential candidate.
Having an inside day today by looks and the possibility is there for it to test the 8 cent mark.
I will give it a few days to see how it plays out.

 

[Sean K]

I don't think anyone really wants this to break up, but here it is.

 

[Sean K]

RTR might be breaking up, but it's done it before. Depends where you'd like to draw the upper resistance line too.

 

[Greynomad99]

LTR up 18% yesterday courtesy of Twiggy Forrest. Stock has been trading in a falling price channel for some time and a break up out of said channel (if and when it happens) would suggest the stock could take off. Also possibly completing an Elliott Wave 4 and when that turns to Wave 5 EW Theory also suggests strong rises.
One to watch.

 

[Sean K]

LTR up 18% yesterday courtesy of Twiggy Forrest. Stock has been trading in a falling price channel for some time and a break up out of said channel (if and when it happens) would suggest the stock could take off. Also possibly completing an Elliott Wave 4 and when that turns to Wave 5 EW Theory also suggests strong rises.
One to watch.
View attachment 137659

The off-take agreement for Tesla gave this a nudge yesterday.

 

[Greynomad99]

NXT has broken out and ticks all the boxes for me - except for one. It is an IT company not making a profit and in this market I'm only trading companies that are profitable.

 

[frugal.rock]

CE1
Having a go. Rising volume and SP.
Also, probably overdue an announcement I would say, and hasn't reacted to the stiff poo rise, yet.

 

[stanwell]

LKE broke out today.



NWE is about to.

 

[Country Lad]

LM8