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ASX Investor Update
August 2012
more information


Breakout on Lynas Corp.

Price breakouts

The August 2012 edition of the ASX Investor Update newsletter featured an article from Robert Brain with
a discussion on the topic of chart breakouts, and
examples on four stocks: LYC, RSG, MMX, SGP.
Below are all six price charts to supplement the article,
(including two extra charts and larger versions of the charts)
and a special offer for Investor Update readers.
Breakout on Resolute Mining.
You can see an archived copy of the full article here... 
and the full August 2012 edition of the Investor Update here... 
Please read on for more details about Breakouts...
 

Introduction

At any one point in time it is normal for the stock market participants who have an interest in a stock to have their own opinions about the “fair value” of the stock, and these opinions will fall into a range in share price. The participants rarely agree on just one price. Depending on the particular stock, and on many factors such as the latest news and announcements, this price range could be a small range, or it could be large. At some stage, if all of the interested sellers of the stock have finished selling, and if only buyers are left, then the share price will move higher. And conversely, if all the buyers have finished buying, then the share price will move lower. And it is possible that news or announcements can precipitate a move in share price.

Read more about breakouts...

The August 2012 ASX Investor Update

For the text of the August 2012 article that Robert authored, and the initial four price charts, see the ASX article here....
For the text of the article and a more indepth discussion about breakouts (and also about Volume Moving Average) see the following eBook Articles in the Share Market Toolbox:
See larger versions of the charts and additional notes and comments included below.

The Investor Update charts

Lynas Corporation Limited (LYC)

The published chart:
Lynas Corp (LYC)
Lynas Corp daily candlestick chart - March to July 2010
(click on the chart for a larger image)

Resolute Mining Limited (RSG) 

The additional "big picture" chart:
Resolute Mining (RSG)
Resolute Mining Big Picture daily candlestick chart - March to September 2009
(click on the chart for a larger image)
 
The published chart:
Resolute Mining (RSG)
Resolute Mining daily candlestick chart - September-October 2009
(click on the chart for a larger image)

Murchison Metals (MMX)

The additional "big picture" chart:
Murchison Metals (MMX)
Murchison Metals Big Picture weekly candlestick chart - March 2010 to November 2011
(click on the chart for a larger image)

The published chart:   
Murchison Metals (MMX)
Murchison Metals weekly candlestick chart - October 2011 to July 2012
(click on the chart for a larger image)

Stockland (SGP)

The published chart:
Stockland (SGP)
Stockland weekly candlestick chart - January 2011 to July 2012
(click on the chart for a larger image)

More Information?

Want to understand more about how to interpret the price charts? See the details above...
To print this web page - in your browser select the printing option "Shrink to fit".
View larger versions of the charts below by clicking on the chart.

More information

To understand more about how to interpret the underlying mood and sentiment using the price charts:

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ASX Investor Update readers

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Using the Australian BullCharts software
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