In the Canadian markets, Virginia Mines Inc (TSX: VGQ) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$12.3 and gained 36% Monday. Electrovaya Inc (TSX: EFL), Lake Shore Gold Corp (TSX: LSG), Guyana Goldfields Inc (TSX: GUY), and Kirkland Lake Gold Inc (TSX: KGI) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Hanwei Energy Services Corp (TSX: HE), Discovery Ventures Inc (TSX: DVN), Newport Exploration Ltd (TSX: NWX), D-Box Technologies Inc (TSX: DBO), and High Liner Foods Inc (TSX: HLF).
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Virginia Mines Inc (TSX: VGQ)-Technical Chart |
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In the U.S. markets, China Advanced Construction Materials Group Inc (NASDAQ: CADC), Celldex Therapeutics Inc (NASDAQ: CLDX), CVD Equipment Corp (NASDAQ: CVV), NeoStem Inc (NASDAQ: NBS), and Ferro Corp (NYSE: FOE) witnessed strong price gains and breakouts above their 200 DMAs Monday. Whiting USA Trust I (NYSE: WHX), DreamWorks Animation SKG Inc (NASDAQ: DWA), Energy Focus Inc (NASDAQ: EFOI), Inovio Pharmaceuticals Inc (NASDAQ: INO), and LGI Homes Inc (NASDAQ: LGIH) witnessed price declines and fell below their 200 DMAs Monday.
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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 |
Virginia Mines Inc |
35.7% |
13.66 |
11.23 |
Petro-Victory Energy Corp |
-30.0% |
0.21 |
0.23 |
|
Barkerville Gold Mines Ltd |
23.3% |
0.19 |
0.18 |
Lara Exploration Ltd |
-19.6% |
0.39 |
0.48 |
|
|
Zaio Corp |
20.7% |
0.18 |
0.16 |
Norvista Capital Corp |
-10.0% |
0.135 |
0.15 |
|
|
Led Medical Diagnostics Inc |
11.1% |
0.30 |
0.30 |
SMART Technologies Inc |
-7.4% |
1.51 |
1.62 |
|
|
Bear Creek Mining Corp |
10.7% |
1.55 |
1.48 |
Ryan Gold Corp |
-4.5% |
0.105 |
0.11 |
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|
50 DMA |
Virginia Mines Inc |
35.7% |
13.66 |
11.88 |
Discovery Ventures Inc |
-14.3% |
0.21 |
0.24 |
|
Zaio Corp |
20.7% |
0.18 |
0.17 |
Platinum Group Metals Ltd |
-12.7% |
0.96 |
0.98 |
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Horn Petroleum Corp |
16.7% |
0.18 |
0.16 |
SENSIO Technologies Inc |
-4.8% |
0.2 |
0.21 |
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Kivalliq Energy Corp |
8.3% |
0.20 |
0.19 |
Major Drilling Group International Inc |
-2.2% |
6.69 |
6.73 |
|
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Altius Minerals Corp |
8.2% |
11.78 |
11.67 |
Redknee Solutions Inc |
-1.3% |
3.69 |
3.69 |
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|
200 DMA |
Virginia Mines Inc |
35.7% |
13.66 |
12.30 |
Hanwei Energy Services Corp |
-14.3% |
0.12 |
0.13 |
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Electrovaya Inc |
27.9% |
1.10 |
1.01 |
Discovery Ventures Inc |
-14.3% |
0.21 |
0.23 |
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Lake Shore Gold Corp |
5.3% |
1.00 |
0.98 |
Newport Exploration Ltd |
-2.5% |
0.385 |
0.39 |
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Guyana Goldfields Inc |
5.0% |
2.74 |
2.71 |
D-Box Technologies Inc |
-2.0% |
0.25 |
0.25 |
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Kirkland Lake Gold Inc |
4.7% |
4.01 |
3.98 |
High Liner Foods Inc |
-1.9% |
22.31 |
22.70 |
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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 |
Celldex Therapeutics Inc |
28.9% |
18.25 |
14.88 |
Astea International Inc |
-21.4% |
1.47 |
1.73 |
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Amicus Therapeutics Inc |
17.8% |
6.70 |
5.88 |
Whiting USA Trust I |
-14.6% |
2.58 |
2.61 |
|
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Amarin Corp PLC |
12.7% |
1.07 |
0.97 |
DreamWorks Animation SKG Inc |
-14.3% |
22.31 |
22.45 |
|
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Clearfield Inc |
9.1% |
13.64 |
13.29 |
Ascent Solar Technologies Inc |
-12.5% |
1.75 |
1.75 |
|
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Ossen Innovation Co Ltd |
8.0% |
0.93 |
0.92 |
ChinaCache International Holdings Ltd |
-11.4% |
10.5 |
11.63 |
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|
50 DMA |
Celldex Therapeutics Inc |
28.9% |
18.25 |
14.55 |
Astea International Inc |
-21.4% |
1.47 |
1.85 |
|
Amicus Therapeutics Inc |
17.8% |
6.70 |
6.16 |
DreamWorks Animation SKG Inc |
-14.3% |
22.31 |
22.99 |
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CVD Equipment Corp |
13.5% |
13.24 |
11.89 |
Approach Resources Inc |
-11.0% |
11.57 |
12.60 |
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Clearfield Inc |
9.1% |
13.64 |
13.13 |
Inovio Pharmaceuticals Inc |
-9.7% |
9.93 |
10.81 |
|
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Relypsa Inc |
8.6% |
21.36 |
20.85 |
Information Services Group Inc |
-8.7% |
3.98 |
4.00 |
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|
200 DMA |
China Advanced Construction Materials Group Inc |
31.5% |
5.60 |
4.75 |
Whiting USA Trust I |
-14.6% |
2.58 |
2.99 |
|
Celldex Therapeutics Inc |
28.9% |
18.25 |
16.81 |
DreamWorks Animation SKG Inc |
-14.3% |
22.31 |
25.08 |
|
|
CVD Equipment Corp |
13.5% |
13.24 |
13.16 |
Energy Focus Inc |
-11.3% |
5.16 |
5.78 |
|
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NeoStem Inc |
9.9% |
6.78 |
6.20 |
Inovio Pharmaceuticals Inc |
-9.7% |
9.93 |
10.84 |
|
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Ferro Corp |
3.3% |
13.31 |
13.15 |
LGI Homes Inc |
-8.5% |
16.55 |
17.82 |
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