In the Canadian markets, NTG Clarity Networks Inc (TSXV: NCI) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.32 and gained 14% Wednesday. Kootenay Silver Inc (TSX: KTN), Sirona Biochem Corp (TSX: SBM), Newport Exploration Ltd (TSX: NWX), and Yellow Media Ltd (TSX: Y) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Golden Arrow Resources Corp (TSX: GRG), Bayfield Ventures Corp (TSX: BYV), Rubicon Minerals Corp (TSX: RMX), Mega Uranium Ltd (TSX: MGA), and Storm Resources Ltd (TSX: SRX).
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NTG Clarity Networks Inc (TSXV: NCI)-Technical Chart |
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In the U.S. markets, CNinsure Inc (NASDAQ: CISG), Ocera Therapeutics Inc (NASDAQ: OCRX), Cubic Corp (NYSE: CUB), Noranda Aluminum Holding Corp (NYSE: NOR), and Auspex Pharmaceuticals Inc (NASDAQ: ASPX) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. TiVo Inc (NASDAQ: TIVO), Golar LNG Ltd (NASDAQ: GLNG), RSP Permian Inc (NYSE: RSPP), Amira Nature Foods Ltd (NYSE: ANFI), and Anika Therapeutics Inc (NASDAQ: ANIK) 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 |
Allana Potash Corp |
7.3% |
0.30 |
0.29 |
Palladon Ventures Ltd |
-32.5% |
0.52 |
0.76 |
|
Ascot Resources Ltd |
3.9% |
1.86 |
1.86 |
Equitorial Exploration Corp |
-31.9% |
0.16 |
0.21 |
|
|
Altius Minerals Corp |
3.4% |
11.10 |
10.93 |
Saturn Minerals Inc |
-9.1% |
0.15 |
0.15 |
|
|
Luna Gold Corp |
2.9% |
0.36 |
0.36 |
Spartan Energy Corp |
-9.0% |
2.95 |
3.09 |
|
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True Gold Mining Inc |
2.0% |
0.26 |
0.25 |
Ithaca Energy Inc |
-7.0% |
1.32 |
1.42 |
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|
50 DMA |
Falco Resources Ltd |
12.9% |
0.48 |
0.44 |
Equitorial Exploration Corp |
-31.9% |
0.16 |
0.19 |
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Allana Potash Corp |
7.3% |
0.30 |
0.29 |
Teras Resources Inc |
-20.0% |
0.12 |
0.12 |
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Sirona Biochem Corp |
4.2% |
0.13 |
0.12 |
Saturn Minerals Inc |
-9.1% |
0.15 |
0.16 |
|
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SEMAFO Inc |
2.7% |
3.74 |
3.70 |
Spartan Energy Corp |
-9.0% |
2.95 |
3.22 |
|
|
Merus Labs International Inc |
1.2% |
1.71 |
1.69 |
Golden Arrow Resources Corp |
-8.3% |
0.22 |
0.22 |
|
|
200 DMA |
NTG Clarity Networks Inc |
13.8% |
0.33 |
0.32 |
Golden Arrow Resources Corp |
-8.3% |
0.22 |
0.23 |
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Kootenay Silver Inc |
11.4% |
0.39 |
0.37 |
Bayfield Ventures Corp |
-6.1% |
0.23 |
0.24 |
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Sirona Biochem Corp |
4.2% |
0.13 |
0.12 |
Rubicon Minerals Corp |
-5.7% |
1.32 |
1.37 |
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Newport Exploration Ltd |
2.6% |
0.40 |
0.40 |
Mega Uranium Ltd |
-4.8% |
0.2 |
0.21 |
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Yellow Media Ltd |
1.3% |
19.75 |
19.63 |
Storm Resources Ltd |
-3.7% |
5.15 |
5.17 |
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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 |
28.9% |
3.43 |
2.75 |
Lakeland Industries Inc |
-13.1% |
11.83 |
12.98 |
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Bio Blast Pharma Ltd |
26.6% |
5.95 |
5.42 |
21Vianet Group Inc |
-10.4% |
18.61 |
19.85 |
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American Sands Energy Corp |
20.8% |
0.58 |
0.50 |
Quicksilver Resources Inc |
-9.1% |
0.537 |
0.58 |
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RXi Pharmaceuticals Corp |
15.2% |
2.16 |
1.93 |
China Mobile Games & Entertainment Group Ltd |
-8.1% |
21.83 |
23.47 |
|
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Mecox Lane Ltd |
13.3% |
3.58 |
3.54 |
Aerovironment Inc |
-8.0% |
28.24 |
29.51 |
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|
50 DMA |
Viggle Inc |
28.9% |
3.43 |
2.99 |
Sutor Technology Group Ltd |
-18.9% |
0.6 |
0.60 |
|
American Sands Energy Corp |
20.8% |
0.58 |
0.52 |
Lakeland Industries Inc |
-13.1% |
11.83 |
12.47 |
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RXi Pharmaceuticals Corp |
15.2% |
2.16 |
1.96 |
Diamond Offshore Drilling Inc |
-10.9% |
32.22 |
35.95 |
|
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Aoxing Pharmaceutical Co Inc |
14.3% |
0.25 |
0.24 |
21Vianet Group Inc |
-10.4% |
18.61 |
19.31 |
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Oncothyreon Inc |
10.1% |
1.86 |
1.85 |
China Mobile Games & Entertainment Group Ltd |
-8.1% |
21.83 |
22.65 |
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|
200 DMA |
CNinsure Inc |
10.9% |
6.71 |
6.55 |
TiVo Inc |
-7.5% |
11.94 |
12.84 |
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Ocera Therapeutics Inc |
9.3% |
7.88 |
7.75 |
Golar LNG Ltd |
-5.3% |
49.45 |
52.05 |
|
|
Cubic Corp |
8.2% |
50.92 |
47.34 |
RSP Permian Inc |
-4.8% |
26.72 |
27.48 |
|
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Noranda Aluminum Holding Corp |
6.7% |
4.15 |
4.03 |
Amira Nature Foods Ltd |
-4.3% |
15.03 |
15.69 |
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Auspex Pharmaceuticals Inc |
6.0% |
24.79 |
23.52 |
Anika Therapeutics Inc |
-3.2% |
41.58 |
42.21 |
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