Technical Breakouts to Watch for January 09, 2014 (TSX: IM) (NASDAQ: MNGA)

Published:

In the Canadian markets, Imris Inc (TSX: IM) gained 41% Wednesday, piercing
the long term 200 DMA (Daily Moving Average) of C$2.3. Graphite One Resources
Inc (TSXV: GPH), CO2 Solutions Inc (TSXV: CST), Amarok Energy Inc (TSXV:
AMR), and Petrolia Inc (TSXV: PEA) were the other stocks breaching the
200 DMA to the upside with strong price momentum. Negative breakouts were
seen in Lexam VG Gold Inc (TSX: LEX), Levon Resources Ltd (TSX: LVN), Norbord
Inc (TSX: NBD), WesternZagros Resources Ltd (TSXV: WZR), and MEG Energy
Corp (TSX: MEG).

Imris Inc (TSX: IM) – Technical Chart

In the U.S. markets, MagneGas Corp (NASDAQ: MNGA), MannKind Corp (NASDAQ:
MNKD), Synergetics USA Inc (NASDAQ: SURG), Aegerion Pharmaceuticals Inc
(NASDAQ: AEGR), and Nanosphere Inc (NASDAQ: NSPH) witnessed strong price
gains and breakouts above their 200 DMAs Wednesday. AZZ Inc (NYSE: AZZ),
Intellicheck Mobilisa Inc (NYSE: IDN), DARA Biosciences Inc (NASDAQ: DARA),
Vaalco Energy Inc (NYSE: EGY), and Gladstone Land Corp (NASDAQ: LAND) witnessed
price declines and fell below their 200 DMAs Wednesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Graphite One Resources Inc

(TSXV: GPH)

18.5%

0.16

0.14

Lexam VG Gold Inc

(TSX: LEX)

-12.5%

0.105

0.11

Smart Employee Benefits Inc

(TSXV: SEB)

13.5%

0.42

0.37

High North Resources Ltd

(TSXV: HN)

-11.6%

0.305

0.34

Junex Inc

(TSXV: JNX)

8.9%

0.49

0.47

Kirkland Lake Gold Inc

(TSX: KGI)

-5.0%

2.47

2.54

Callinex Mines Inc

(TSXV: CNX)

8.8%

0.37

0.35

Flyht Aerospace Solutions Ltd

(TSXV: FLY)

-4.4%

0.43

0.44

Guestlogix Inc

(TSX: GXI)

8.7%

1.13

1.08

Thompson Creek Metals Co Inc

(TSX: TCM)

-4.0%

2.43

2.44

50 DMA

Valeura Energy Inc

(TSX: VLE)

20.3%

0.39

0.33

Lexam VG Gold Inc

(TSX: LEX)

-12.5%

0.105

0.11

Graphite One Resources Inc

(TSXV: GPH)

18.5%

0.16

0.15

Touchstone Exploration Inc

(TSXV: TAB)

-5.6%

0.17

0.17

Smart Employee Benefits Inc

(TSXV: SEB)

13.5%

0.42

0.37

Banro Corp

(TSX: BAA)

-4.3%

0.67

0.69

Gold Canyon Resources Inc

(TSXV: GCU)

12.5%

0.27

0.27

B2Gold Corp

(TSX: BTO)

-4.3%

2.25

2.28

CO2 Solutions Inc

(TSXV: CST)

10.0%

0.11

0.10

Roxgold Inc

(TSXV: ROG)

-4.1%

0.47

0.49

200 DMA

Imris Inc

(TSX: IM)

41.1%

2.37

2.30

Lexam VG Gold Inc

(TSX: LEX)

-12.5%

0.11

0.11

Graphite One Resources Inc

(TSXV: GPH)

18.5%

0.16

0.15

Levon Resources Ltd

(TSX: LVN)

-8.3%

0.275

0.29

CO2 Solutions Inc

(TSXV: CST)

10.0%

0.11

0.11

Norbord Inc

(TSX: NBD)

-2.5%

31.31

31.51

Amarok Energy Inc

(TSXV: AMR)

7.7%

0.28

0.26

WesternZagros Resources Ltd

(TSXV: WZR)

-1.9%

1.06

1.08

Petrolia Inc

(TSXV: PEA)

6.7%

0.80

0.79

MEG Energy Corp

(TSX: MEG)

-1.1%

31.19

31.48

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Ideal Power Inc

(NASDAQ: IPWR)

22.3%

7.14

6.06

Powell Industries Inc

(NASDAQ: POWL)

-8.6%

61.2

66.32

LabStyle Innovations Corp

(OTC BB: DRIO)

18.4%

2.19

1.86

Merge Healthcare Inc

(NASDAQ: MRGE)

-8.3%

2.31

2.31

Montage Technology Group Ltd

(NASDAQ: MONT)

13.6%

19.60

17.42

Vaalco Energy Inc

(NYSE: EGY)

-7.7%

6.13

6.50

Taser International Inc

(NASDAQ: TASR)

12.7%

17.93

16.45

Cel-Sci Corp

(NYSE: CVM)

-7.5%

0.6753

0.70

BPZ Resources Inc

(NYSE: BPZ)

10.4%

2.02

1.87

American Railcar Industries Inc

(NASDAQ: ARII)

-5.6%

42.85

44.22

50 DMA

LabStyle Innovations Corp

(OTC BB: DRIO)

18.4%

2.19

1.98

AZZ Inc

(NYSE: AZZ)

-14.0%

40.39

46.59

MeetMe Inc

(NYSE: MEET)

15.6%

2.08

1.85

BioFuel Energy Corp

(NASDAQ: BIOF)

-10.3%

2.01

2.09

Taser International Inc

(NASDAQ: TASR)

12.7%

17.93

16.66

Gogo Inc

(NASDAQ: GOGO)

-8.9%

23.92

25.71

Protalix BioTherapeutics Inc

(NYSE: PLX)

10.6%

4.50

4.12

Powell Industries Inc

(NASDAQ: POWL)

-8.6%

61.2

65.15

BPZ Resources Inc

(NYSE: BPZ)

10.4%

2.02

1.96

Merge Healthcare Inc

(NASDAQ: MRGE)

-8.3%

2.31

2.36

200 DMA

MagneGas Corp

(NASDAQ: MNGA)

50.7%

1.01

0.79

AZZ Inc

(NYSE: AZZ)

-14.0%

40.39

42.45

MannKind Corp

(NASDAQ: MNKD)

9.2%

5.98

5.65

Intellicheck Mobilisa Inc

(NYSE: IDN)

-10.7%

0.5

0.52

Synergetics USA Inc

(NASDAQ: SURG)

9.0%

3.88

3.83

DARA Biosciences Inc

(NASDAQ: DARA)

-10.3%

0.5699

0.62

Aegerion Pharmaceuticals Inc

(NASDAQ: AEGR)

6.3%

73.23

70.95

Vaalco Energy Inc

(NYSE: EGY)

-7.7%

6.13

6.14

Nanosphere Inc

(NASDAQ: NSPH)

5.6%

2.62

2.56

Gladstone Land Corp

(NASDAQ: LAND)

-6.2%

15.02

16.01

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