In the Canadian markets, Theralase Technologies Inc (TSXV: TLT) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.33 and gained 12% Wednesday. Smart Employee Benefits Inc (TSX: SEB), Bayfield Ventures Corp (TSX: BYV), Mountain Province Diamonds Inc (TSX: MPV), and Onex Corp (TSX: OCX) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Stakeholder Gold Corp (TSX: SRC), Mason Graphite Inc (TSX: LLG), POET Technologies Inc (TSX: PTK), Critical Elements Corp (TSX: CRE), and Wi-Lan Inc (TSX: WIN).
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Theralase Technologies Inc (TSXV: TLT)-Technical Chart |
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In the U.S. markets, Technical Communications Corp (NASDAQ: TCCO), Sequenom Inc (NASDAQ: SQNM), Rediff.Com India Ltd (NASDAQ: REDF), Freescale Semiconductor Ltd (NYSE: FSL), and Unilife Corp (NASDAQ: UNIS) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Bob Evans Farms Inc/DE (NASDAQ: BOBE), Aoxing Pharmaceutical Co Inc (NYSE: AXN), Consolidated Water Co Ltd (NASDAQ: CWCO), Sprouts Farmers Market Inc (NASDAQ: SFM), and Chegg Inc (NYSE: CHGG) 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 |
Rye Patch Gold Corp |
23.1% |
0.16 |
0.14 |
Strata-X Energy Ltd |
-19.0% |
0.17 |
0.19 |
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Agility Health Inc |
18.2% |
0.26 |
0.23 |
PWC Capital Inc |
-15.0% |
0.34 |
0.39 |
|
|
Morien Resources Corp |
17.6% |
0.20 |
0.18 |
ShaMaran Petroleum Corp |
-11.1% |
0.2 |
0.21 |
|
|
Alberta Oilsands Inc |
17.4% |
0.14 |
0.12 |
GuestLogix Inc |
-10.7% |
0.92 |
0.95 |
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Theralase Technologies Inc |
12.1% |
0.37 |
0.34 |
Scorpio Mining Corp |
-10.4% |
0.215 |
0.22 |
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|
50 DMA |
Rye Patch Gold Corp |
23.1% |
0.16 |
0.14 |
Strata-X Energy Ltd |
-19.0% |
0.17 |
0.19 |
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Agility Health Inc |
18.2% |
0.26 |
0.26 |
GuestLogix Inc |
-10.7% |
0.92 |
0.96 |
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Morien Resources Corp |
17.6% |
0.20 |
0.18 |
Scorpio Mining Corp |
-10.4% |
0.215 |
0.24 |
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Alberta Oilsands Inc |
17.4% |
0.14 |
0.12 |
Chorus Aviation Inc |
-4.3% |
4.26 |
4.41 |
|
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Smart Employee Benefits Inc |
11.1% |
0.50 |
0.46 |
Levon Resources Ltd |
-3.8% |
0.25 |
0.26 |
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|
200 DMA |
Theralase Technologies Inc |
12.1% |
0.37 |
0.33 |
Stakeholder Gold Corp |
-10.0% |
0.18 |
0.20 |
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Smart Employee Benefits Inc |
11.1% |
0.50 |
0.48 |
Mason Graphite Inc |
-9.9% |
0.64 |
0.69 |
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Bayfield Ventures Corp |
4.3% |
0.24 |
0.24 |
POET Technologies Inc |
-6.6% |
1.41 |
1.45 |
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Mountain Province Diamonds Inc |
3.3% |
5.35 |
5.30 |
Critical Elements Corp |
-4.2% |
0.23 |
0.24 |
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Onex Corp |
3.0% |
64.80 |
63.00 |
Wi-Lan Inc |
-0.8% |
3.55 |
3.56 |
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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 |
|
|
30 DMA |
Technical Communications Corp |
52.9% |
6.13 |
4.07 |
Metalico Inc |
-15.6% |
0.43 |
0.49 |
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Sequenom Inc |
23.6% |
3.77 |
3.06 |
Bob Evans Farms Inc/DE |
-14.1% |
47.91 |
51.60 |
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GasLog Partners LP |
12.1% |
27.80 |
25.46 |
TigerLogic Corp |
-11.1% |
0.56 |
0.57 |
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Titan International Inc |
11.9% |
10.75 |
10.22 |
Bridgeline Digital Inc |
-10.3% |
0.61 |
0.67 |
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Renewable Energy Group Inc |
10.1% |
10.46 |
10.14 |
Ascena Retail Group Inc |
-5.7% |
12.21 |
12.58 |
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|
50 DMA |
Technical Communications Corp |
52.9% |
6.13 |
4.09 |
Bob Evans Farms Inc/DE |
-14.1% |
47.91 |
49.84 |
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Sequenom Inc |
23.6% |
3.77 |
3.06 |
Bridgeline Digital Inc |
-10.3% |
0.61 |
0.66 |
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Rediff.Com India Ltd |
17.4% |
2.43 |
2.09 |
Heritage-Crystal Clean Inc |
-10.1% |
15.19 |
16.70 |
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GasLog Partners LP |
12.1% |
27.80 |
26.65 |
Consolidated Water Co Ltd |
-6.7% |
11.23 |
11.96 |
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Titan International Inc |
11.9% |
10.75 |
10.47 |
Cash America International Inc |
-6.5% |
21.13 |
21.60 |
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|
200 DMA |
Technical Communications Corp |
52.9% |
6.13 |
5.00 |
Bob Evans Farms Inc/DE |
-14.1% |
47.91 |
48.19 |
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Sequenom Inc |
23.6% |
3.77 |
3.11 |
Aoxing Pharmaceutical Co Inc |
-7.5% |
0.34 |
0.35 |
|
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Rediff.Com India Ltd |
17.4% |
2.43 |
2.34 |
Consolidated Water Co Ltd |
-6.7% |
11.23 |
11.80 |
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Freescale Semiconductor Ltd |
8.6% |
23.19 |
21.65 |
Sprouts Farmers Market Inc |
-2.2% |
31.08 |
31.65 |
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Unilife Corp |
7.3% |
3.22 |
3.16 |
Chegg Inc |
-2.2% |
6.35 |
6.40 |
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