Hudson Bay Minerals [HBM_ca] follow through above 12.50 would confirm a primary up-trend.
21-Day Twiggs Money Flow holding above zero indicates buying pressure, while recovery of 63-day Twiggs Momentum above zero suggests a primary up-trend.
Singapore SGX: Potential breakouts
Some good potential breakouts on Incredible Charts screen #48888:
- China Taisan (F2X)
- Hong Leong Asia (H22)
- Amtek (M1P)
- Singapore Exchange (S68)
- Cosco (F83)
- Neptune Orient (N03)
Canada TSX: Potential breakouts
Most interesting of the stocks on my Potential Breakouts screen (Incredible Charts #48895):
Canada: TSX 60 and potential breakouts
The TSX 60 index is consolidating in a narrow band between 700 and 715. Upward breakout is likely and would signal a primary up-trend. Recovery of 63-day Twiggs Momentum above zero would strengthen the signal. Target for the initial advance is 790.
* Target calculation: 720 + ( 720 – 650 ) = 790
A screen of stocks with low Momentum but high buying pressure, as indicated by 21-day Twiggs Money Flow, reveals a list of 93 potential breakouts (after filtering out stocks with daily Value/Turnover traded of less than $1 million). Husky Energy [HSE], Crew Energy [CR] and Bank of Nova Scotia [BNS] are three that look interesting.