Sign InBreakout Stocks of Week 34 @ ASX
NASDAQ was up last week (week 33) by 0.81% ending at 21,622.98 points after gaining 172.95 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are Santos Limited ASX:STO. This stock has had a buy signal since Jun 04, 2025 when the price was $6.59 and is so far up 22.15% to $8.05. Some other companies are on our watchlist to, among these are WorleyParsons Limited ASX:WOR and Tabcorp Holdings Limited ASX:TAH which all got a breakout pattern emerging.
| Date | Company | Price | Week 34 |
|---|---|---|---|
| Santos Limited | $8.05 | $7.76 | -3.60% |
| Worleyparsons Limited | $13.05 | $12.91 | -1.07% |
| Tabcorp Holdings Limited | $0.715 | $0.700 | -2.10% |
The Santos Limited stock price gained 1.77% on the last trading day (Friday, 15th Aug 2025), rising from $7.91 to $8.05. During the last trading day the stock fluctuated 1.90% from a day low at $7.90 to a day high of $8.05. The price has risen in 6 of the last 10 days and is up by 2.68% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 6 million more shares were traded than the day before. In total, 13 million shares were bought and sold for approximately $105.07 million.
Santos Limited holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
About Santos Limited:
Santos Limited explores for, develops, produces, transports, and markets hydrocarbons for homes and businesses in Australia and the Asia Pacific. Its five principal assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Northern Australia and Timor-Leste, and Western Australia. The company also holds an asset in Alaska; and engages in the development of carbon capture and storage technologies. In addition, it produces natural gas, liquefied petroleum gas, ethane, methane, coal seam gas, liquefied natural gas, shale gas, and condensate, as well as oil. The company's proved plus probable reserves include 1676 million barrels of oil equivalent. Santos Limited was incorporated in 1954 and is headquartered in Adelaide, Australia.
The WorleyParsons Limited stock price gained 0.385% on the last trading day (Friday, 15th Aug 2025), rising from $13.00 to $13.05. During the last trading day the stock fluctuated 1.08% from a day low at $12.92 to a day high of $13.06. The price has been going up and down for this period, and there has been a -2.47% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $50.92 million.
WorleyParsons Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
About WorleyParsons Limited:
Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. The company offers digital, consulting, engineering and design, construction management, construction and fabrication, project management, and operation and maintenance services, as well as maintenance, modification, and operation services. It serves new energy, power, upstream and midstream, refining and chemicals, and infrastructure markets, as well as mining, minerals, and metals markets. The company was formerly known as WorleyParsons Limited and changed its name to Worley Limited in October 2019. Worley Limited was incorporated in 2001 and is headquartered in North Sydney, Australia.
The Tabcorp Holdings Limited stock price gained 1.42% on the last trading day (Friday, 15th Aug 2025), rising from $0.705 to $0.715. During the last trading day the stock fluctuated 2.86% from a day low at $0.700 to a day high of $0.720. The price has fallen in 6 of the last 10 days and is down by -4.03% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 million more shares were traded than the day before. In total, 9 million shares were bought and sold for approximately $6.73 million.
Tabcorp Holdings Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
About Tabcorp Holdings Limited:
Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. The company's Lotteries and Keno segment is involved in the lottery operations. It has various game brands, including Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday and Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, Keno, and Instant Scratch-Its. This segment also operates a social lottery-style game. The company's Wagering and Media segment offers totalizator and fixed odds betting on racing, sports, and other events; and operates through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone. It also provides Trackside, a computer simulate racing product; and international wagering and pooling services. In addition, this segment engages in the Three Sky Racing television channels broadcasting thoroughbred, and harness and greyhound racing to audiences; Three Sky Sports television channels broadcasting various sports to audiences; and advertising and sponsorship arrangement, and broadcasting racing activities, as well as operates Sky Racing Active, a digital app providing Sky Racing's live and on-demand racing content across thoroughbred, and harness and greyhound racing; and Sky Sports Radio network. Its Gaming Services segment offers electronic gaming machine (EGMs) monitoring and related services. This segment also provides EGM and systems supply and expertise; specialized services and strategic advice to licensed gaming venues; value-add services to venues, such as gaming and loyalty systems, business intelligence tools, and cashless and ticket in ticket out services; and logistics, installation, and relocation services, as well as EGMs, lottery and wagering terminals, and other transaction device repair and maintenance services. The company was founded in 1881 and is based in Melbourne, Australia.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
GOLDEN STAR
| Ticker | Change | Signal Date |
|---|---|---|
SRPT
$17.02
|
11.34% | Jun 29 |
NMRK
$15.02
|
1.20% | Jun 24 |
NESR
$25.07
|
14.16% | Jun 23 |
CAG
$13.43
|
2.98% | Jun 23 |
GIB
$66.69
|
0.555% | Jun 12 |
