In the Canadian markets, Shore Gold Inc (TSX: SGF) breached its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.25 and gained 30% Tuesday. Alberta Oilsands Inc (TSX: AOS), Red Eagle Mining Corp (TSX: RD), Westaim Corp/The (TSX: WED), and Alacer Gold Corp (TSX: ASR) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Photon Control Inc (TSX: PHO), Industrial Alliance Insurance & Financial Services Inc (TSX: IAG), Chaparral Gold Corp (TSX: CHL), Choice Properties REIT (TSX: CHP-U), and TransAlta Renewables Inc (TSX: RNW).
Shore Gold Inc (TSX: SGF)-Technical Chart |
|
In the U.S. markets, Star Gas Partners LP (NYSE: SGU), Westmoreland Coal Co (NASDAQ: WLB), NeoGenomics Inc (NASDAQ: NEO), Miller Industries Inc/TN (NYSE: MLR), and Argan Inc (NYSE: AGX) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. ChinaNet Online Holdings Inc (NASDAQ: CNET), Oxford Resource Partners LP (NYSE: OXF), 58.com Inc (NYSE: WUBA), Jinpan International Ltd (NASDAQ: JST), and Morgans Hotel Group Co (NASDAQ: MHGC) witnessed price declines and fell below their 200 DMAs Tuesday.
Breakouts – Canada |
||||||||
DMA |
Bullish |
Bearish |
||||||
Company |
One-day change |
Close |
DMA |
Company |
One-day change |
Close |
DMA |
|
30 DMA |
Northern Vertex Mining Corp |
25.0% |
0.23 |
0.20 |
DEQ Systems Corp |
-11.1% |
0.2 |
0.22 |
Victoria Gold Corp |
25.0% |
0.13 |
0.10 |
Intertape Polymer Group Inc |
-6.6% |
18.35 |
18.37 |
|
Aurora Spine Corp |
16.2% |
1.65 |
1.57 |
Hyduke Energy Services Inc |
-4.8% |
0.8 |
0.84 |
|
Aurcana Corp |
15.8% |
0.33 |
0.30 |
Graphite One Resources Inc |
-4.0% |
0.12 |
0.12 |
|
Timmins Gold Corp |
14.2% |
1.21 |
1.13 |
Rye Patch Gold Corp |
-3.6% |
0.135 |
0.14 |
|
50 DMA |
Victoria Gold Corp |
25.0% |
0.13 |
0.10 |
DEQ Systems Corp |
-11.1% |
0.2 |
0.21 |
Aurora Spine Corp |
16.2% |
1.65 |
1.55 |
Pacific Safety Products Inc |
-7.1% |
0.13 |
0.13 |
|
Aurcana Corp |
15.8% |
0.33 |
0.33 |
Hyduke Energy Services Inc |
-4.8% |
0.8 |
0.82 |
|
Continental Gold Ltd |
13.8% |
2.56 |
2.50 |
Graphite One Resources Inc |
-4.0% |
0.12 |
0.12 |
|
Primero Mining Corp |
13.6% |
5.17 |
4.74 |
Rye Patch Gold Corp |
-3.6% |
0.135 |
0.14 |
|
200 DMA |
Shore Gold Inc |
30.2% |
0.28 |
0.25 |
Photon Control Inc |
-4.4% |
0.43 |
0.43 |
Alberta Oilsands Inc |
7.7% |
0.14 |
0.14 |
Industrial Alliance Insurance & Financial Services Inc |
-2.8% |
45.37 |
45.58 |
|
Red Eagle Mining Corp |
7.1% |
0.30 |
0.29 |
Chaparral Gold Corp |
-1.7% |
0.57 |
0.57 |
|
Westaim Corp/The |
4.8% |
3.04 |
2.99 |
Choice Properties REIT |
-1.1% |
10.61 |
10.67 |
|
Alacer Gold Corp |
4.1% |
2.53 |
2.50 |
TransAlta Renewables Inc |
-0.7% |
11.56 |
11.56 |
Breakouts – U.S. |
||||||||
DMA |
Bullish |
Bearish |
||||||
Company |
One-day change |
Close |
DMA |
Company |
One-day change |
Close |
DMA |
|
30 DMA |
Trunity Holdings Inc |
85.2% |
0.15 |
0.12 |
Conn’s Inc |
-40.6% |
20.83 |
32.59 |
Sangamo BioSciences Inc |
20.1% |
13.86 |
11.76 |
Spirit Airlines Inc |
-12.7% |
73.77 |
77.34 |
|
ServiceSource International Inc |
10.4% |
4.26 |
4.05 |
Manchester United Plc |
-10.0% |
14.78 |
16.06 |
|
Miller Industries Inc/TN |
10.3% |
20.04 |
18.80 |
Karyopharm Therapeutics Inc |
-10.0% |
41.34 |
41.82 |
|
Argan Inc |
10.0% |
34.19 |
33.31 |
Rent-A-Center Inc/TX |
-6.0% |
31.55 |
32.18 |
|
50 DMA |
Trunity Holdings Inc |
85.2% |
0.15 |
0.13 |
Conn’s Inc |
-40.6% |
20.83 |
31.57 |
Star Gas Partners LP |
11.4% |
6.37 |
6.12 |
Manchester United Plc |
-10.0% |
14.78 |
16.15 |
|
Miller Industries Inc/TN |
10.3% |
20.04 |
18.27 |
Lannett Co Inc |
-10.0% |
43.21 |
47.35 |
|
Argan Inc |
10.0% |
34.19 |
32.64 |
Pep Boys-Manny Moe & Jack/The |
-6.8% |
8.72 |
9.25 |
|
Peregrine Pharmaceuticals Inc |
9.6% |
1.48 |
1.44 |
Terreno Realty Corp |
-3.9% |
19.71 |
20.48 |
|
200 DMA |
Star Gas Partners LP |
11.4% |
6.37 |
6.12 |
ChinaNet Online Holdings Inc |
-6.8% |
1.37 |
1.37 |
Westmoreland Coal Co |
10.9% |
34.67 |
34.64 |
Oxford Resource Partners LP |
-4.7% |
1.02 |
1.04 |
|
NeoGenomics Inc |
10.7% |
4.45 |
4.27 |
58.com Inc |
-2.2% |
43.36 |
44.02 |
|
Miller Industries Inc/TN |
10.3% |
20.04 |
19.12 |
Jinpan International Ltd |
-2.0% |
7.27 |
7.35 |
|
Argan Inc |
10.0% |
34.19 |
32.12 |
Morgans Hotel Group Co |
-1.8% |
7.78 |
7.81 |
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