Technical Breakouts to Watch for January 06, 2014 (TSX: AMF) (NASDAQ: BGMD)

Published:

In the Canadian markets, Amorfix Life Sciences Ltd (TSX: AMF) gained 23%
Friday, piercing the long term 200 DMA (Daily Moving Average) of C$0.33.
Ethos Gold Corp (TSXV: ECC), Goldgroup Mining Inc (TSX: GGA), Roxgold Inc
(TSXV: ROG), and Noront Resources Ltd (TSXV: NOT) were the other stocks
breaching the 200 DMA to the upside with strong price momentum. Negative
breakouts were seen in Taipan Resources Inc (TSXV: TPN), Lynden Energy
Corp (TSXV: LVL), Lara Exploration Ltd (TSXV: LRA), Baytex Energy Corp
(TSX: BTE), and Pure Industrial Real Estate Trust (TSX: AAR-U).

Amorfix Life Sciences Ltd (TSX: AMF) – Technical Chart

In the U.S. markets, BG Medicine Inc (NASDAQ: BGMD), SinoCoking Coal and
Coke Chemical Industries Inc (NASDAQ: SCOK), Revolution Lighting Technologies
Inc (NASDAQ: RVLT), Vringo Inc (NASDAQ: VRNG), and Carbonite Inc (NASDAQ:
CARB) witnessed strong price gains and breakouts above their 200 DMAs Friday.
RF Industries Ltd (NASDAQ: RFIL), Arch Coal Inc (NYSE: ACI), American Eagle
Energy Corp (NYSE: AMZG), Maxwell Technologies Inc (NASDAQ: MXWL), and
WR Berkley Corp (NYSE: WRB) witnessed price declines and fell below their
200 DMAs Friday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Metalex Ventures Ltd

(TSXV: MTX)

76.5%

0.30

0.18

Bengal Energy Ltd

(TSX: BNG)

-16.9%

0.49

0.58

Led Medical Diagnostics Inc

(TSXV: LMD)

27.6%

0.49

0.40

Global Cobalt Corp

(TSXV: GCO)

-7.5%

0.185

0.19

Africa Hydrocarbons Inc

(TSXV: NFK)

24.0%

0.16

0.13

Banks Island Gold Ltd

(TSXV: BOZ)

-7.1%

0.52

0.56

Amorfix Life Sciences Ltd

(TSX: AMF)

22.8%

0.35

0.31

Cequence Energy Ltd

(TSX: CQE)

-3.9%

1.72

1.73

Ethos Gold Corp

(TSXV: ECC)

12.9%

0.18

0.16

Lynden Energy Corp

(TSXV: LVL)

-3.8%

0.75

0.76

50 DMA

Led Medical Diagnostics Inc

(TSXV: LMD)

27.6%

0.49

0.44

Taipan Resources Inc

(TSXV: TPN)

-5.3%

0.27

0.27

Amorfix Life Sciences Ltd

(TSX: AMF)

22.8%

0.35

0.29

Niko Resources Ltd

(TSX: NKO)

-4.4%

2.38

2.43

Ethos Gold Corp

(TSXV: ECC)

12.9%

0.18

0.16

UrtheCast Corp

(TSX: UR)

-4.1%

2.11

2.11

San Gold Corp

(TSX: SGR)

12.5%

0.14

0.12

Cequence Energy Ltd

(TSX: CQE)

-3.9%

1.72

1.75

Claude Resources Inc

(TSX: CRJ)

10.3%

0.16

0.16

Lynden Energy Corp

(TSXV: LVL)

-3.8%

0.75

0.77

200 DMA

Amorfix Life Sciences Ltd

(TSX: AMF)

22.8%

0.35

0.33

Taipan Resources Inc

(TSXV: TPN)

-5.3%

0.27

0.27

Ethos Gold Corp

(TSXV: ECC)

12.9%

0.18

0.17

Lynden Energy Corp

(TSXV: LVL)

-3.8%

0.75

0.77

Goldgroup Mining Inc

(TSX: GGA)

12.5%

0.14

0.13

Lara Exploration Ltd

(TSXV: LRA)

-3.1%

0.95

0.97

Roxgold Inc

(TSXV: ROG)

9.3%

0.53

0.52

Baytex Energy Corp

(TSX: BTE)

-0.4%

41.06

41.17

Noront Resources Ltd

(TSXV: NOT)

8.2%

0.27

0.26

Pure Industrial Real Estate Trust

(TSX: AAR-U)

-0.2%

4.67

4.68

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

SemiLEDs Corp/Taiwan

(NASDAQ: LEDS)

25.0%

1.20

0.99

Dolan Co/The

(NYSE: DM)

-20.3%

0.55

0.69

FuelCell Energy Inc

(NASDAQ: FCEL)

17.4%

1.69

1.49

Chelsea Therapeutics International Ltd

(NASDAQ: CHTP)

-14.6%

3.5

3.87

ChyronHego Corp

(NASDAQ: CHYR)

16.4%

2.49

2.25

CAMAC Energy Inc

(NYSE: CAK)

-9.2%

1.29

1.33

Gain Capital Holdings Inc

(NYSE: GCAP)

13.8%

8.90

8.38

Save the World Air Inc

(OTC BB: ZERO)

-8.2%

1.01

1.03

Fuel Tech Inc

(NASDAQ: FTEK)

11.6%

7.89

7.82

Questcor Pharmaceuticals Inc

(NASDAQ: QCOR)

-4.6%

52.66

55.16

50 DMA

SemiLEDs Corp/Taiwan

(NASDAQ: LEDS)

25.0%

1.20

1.05

Chelsea Therapeutics International Ltd

(NASDAQ: CHTP)

-14.6%

3.5

3.55

FuelCell Energy Inc

(NASDAQ: FCEL)

17.4%

1.69

1.45

Identive Group Inc

(NASDAQ: INVE)

-6.5%

0.589

0.62

Biozone Pharmaceuticals Inc

(OTC BB: BZNE)

7.9%

0.68

0.63

WSP Holdings Ltd

(NYSE: WH)

-6.5%

2.46

2.58

Gigamon Inc

(NYSE: GIMO)

7.9%

29.99

29.11

China GengSheng Minerals Inc

(NYSE: CHGS)

-6.0%

0.2163

0.22

Baxano Surgical Inc

(NASDAQ: BAXS)

7.7%

1.11

1.09

American Superconductor Corp

(NASDAQ: AMSC)

-5.7%

1.64

1.73

200 DMA

BG Medicine Inc

(NASDAQ: BGMD)

37.7%

1.50

1.17

RF Industries Ltd

(NASDAQ: RFIL)

-22.8%

6.84

7.31

SinoCoking Coal and Coke Chemical Industries Inc (NASDAQ: SCOK)

17.8%

1.40

1.30

Arch Coal Inc

(NYSE: ACI)

-5.2%

4.41

4.49

Revolution Lighting Technologies Inc

(NASDAQ: RVLT)

13.8%

3.72

3.34

American Eagle Energy Corp

(NYSE: AMZG)

-2.9%

2

2.02

Vringo Inc

(NASDAQ: VRNG)

7.2%

3.12

3.02

Maxwell Technologies Inc

(NASDAQ: MXWL)

-0.7%

7.51

7.52

Carbonite Inc

(NASDAQ: CARB)

6.1%

12.60

12.56

WR Berkley Corp

(NYSE: WRB)

-0.3%

42.69

42.75

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