In the Canadian markets, Theralase Technologies Inc (TSXV: TLT) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.34 and gained 15% Wednesday. SoMedia Networks Inc (TSX: VID), Discovery Ventures Inc (TSX: DVN), Balmoral Resources Ltd (TSX: BAR), and Turquoise Hill Resources Ltd (TSX: TRQ) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in GoGold Resources Inc (TSX: GGD), Northern Graphite Corp (TSX: NGC), Newport Exploration Ltd (TSX: NWX), UrtheCast Corp (TSX: UR), and Capstone Infrastructure Corp (TSX: CSE).
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Theralase Technologies Inc (TSXV: TLT)-Technical Chart |
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In the U.S. markets, Susquehanna Bancshares Inc (NASDAQ: SUSQ), Orexigen Therapeutics Inc (NASDAQ: OREX), China HGS Real Estate Inc (NASDAQ: HGSH), Meritor Inc (NYSE: MTOR), and MacroGenics Inc (NASDAQ: MGNX) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Plug Power Inc (NASDAQ: PLUG), Canadian Solar Inc (NASDAQ: CSIQ), Rice Energy Inc (NYSE: RICE), Zep Inc (NYSE: ZEP), and Kandi Technologies Group Inc (NASDAQ: KNDI) witnessed price declines and fell below their 200 DMAs Wednesday.
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Breakouts – Canada |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Vena Resources Inc |
29.2% |
0.16 |
0.13 |
Crown Point Energy Inc |
-14.3% |
0.21 |
0.22 |
|
iSign Media Solutions Inc |
16.1% |
0.18 |
0.16 |
SunOpta Inc |
-11.6% |
13.79 |
14.96 |
|
|
Copper Mountain Mining Corp |
11.6% |
2.22 |
2.06 |
Mood Media Corp |
-9.1% |
0.5 |
0.54 |
|
|
Victoria Gold Corp |
10.5% |
0.11 |
0.10 |
Gear Energy Ltd |
-8.6% |
3.84 |
4.19 |
|
|
AnalytixInsight Inc |
8.0% |
0.27 |
0.27 |
Alberta Oilsands Inc |
-8.0% |
0.115 |
0.12 |
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|
50 DMA |
Calibre Mining Corp |
17.4% |
0.14 |
0.13 |
SunOpta Inc |
-11.6% |
13.79 |
14.52 |
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Ucore Rare Metals Inc |
17.3% |
0.31 |
0.27 |
New Millennium Iron Corp |
-9.4% |
0.24 |
0.25 |
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|
iSign Media Solutions Inc |
16.1% |
0.18 |
0.16 |
Alberta Oilsands Inc |
-8.0% |
0.115 |
0.12 |
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|
Quest Rare Minerals Ltd |
11.8% |
0.19 |
0.18 |
Natcore Technology Inc |
-7.7% |
0.6 |
0.63 |
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AnalytixInsight Inc |
8.0% |
0.27 |
0.26 |
Stellar Biotechnologies Inc |
-3.2% |
1.52 |
1.56 |
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|
200 DMA |
Theralase Technologies Inc |
14.9% |
0.39 |
0.34 |
GoGold Resources Inc |
-11.0% |
1.45 |
1.55 |
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SoMedia Networks Inc |
13.2% |
0.22 |
0.20 |
Northern Graphite Corp |
-5.8% |
0.81 |
0.82 |
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Discovery Ventures Inc |
9.1% |
0.24 |
0.22 |
Newport Exploration Ltd |
-3.8% |
0.38 |
0.38 |
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Balmoral Resources Ltd |
7.3% |
1.18 |
1.16 |
UrtheCast Corp |
-3.6% |
1.6 |
1.63 |
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Turquoise Hill Resources Ltd |
5.5% |
4.03 |
3.91 |
Capstone Infrastructure Corp |
-1.9% |
4.1 |
4.15 |
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Breakouts – U.S. |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
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|
30 DMA |
Viggle Inc |
117.4% |
3.50 |
2.76 |
Guided Therapeutics Inc |
-22.6% |
0.24 |
0.30 |
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Resonant Inc |
37.3% |
7.03 |
6.12 |
Plug Power Inc |
-16.5% |
4.24 |
4.59 |
|
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Susquehanna Bancshares Inc |
32.5% |
13.12 |
9.95 |
Internet Patents Corp |
-12.4% |
2.69 |
3.01 |
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Caesars Entertainment Corp |
22.7% |
13.67 |
11.41 |
Canadian Solar Inc |
-10.8% |
28.08 |
30.17 |
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Everyday Health Inc |
15.7% |
14.55 |
12.58 |
Sino-Global Shipping America Ltd |
-10.4% |
1.81 |
1.82 |
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|
50 DMA |
Viggle Inc |
117.4% |
3.50 |
3.17 |
Baxano Surgical Inc |
-21.7% |
0.18 |
0.20 |
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Resonant Inc |
37.3% |
7.03 |
6.32 |
Plug Power Inc |
-16.5% |
4.24 |
4.65 |
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Susquehanna Bancshares Inc |
32.5% |
13.12 |
10.10 |
Internet Patents Corp |
-12.4% |
2.69 |
3.02 |
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Caesars Entertainment Corp |
22.7% |
13.67 |
12.03 |
Sino-Global Shipping America Ltd |
-10.4% |
1.81 |
1.92 |
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Gevo Inc |
20.0% |
0.39 |
0.35 |
ION Geophysical Corp |
-9.4% |
2.71 |
2.81 |
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|
200 DMA |
Susquehanna Bancshares Inc |
32.5% |
13.12 |
10.42 |
Plug Power Inc |
-16.5% |
4.24 |
5.06 |
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Orexigen Therapeutics Inc |
15.9% |
5.84 |
5.64 |
Canadian Solar Inc |
-10.8% |
28.08 |
31.32 |
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|
China HGS Real Estate Inc |
14.1% |
4.82 |
4.50 |
Rice Energy Inc |
-7.4% |
26.21 |
27.56 |
|
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Meritor Inc |
12.9% |
13.86 |
12.46 |
Zep Inc |
-6.8% |
15.66 |
16.59 |
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MacroGenics Inc |
12.4% |
23.78 |
23.70 |
Kandi Technologies Group Inc |
-6.1% |
14.75 |
14.98 |
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