Technical Breakouts to Watch for January 29, 2014 (TSX: AZC) (NASDAQ: LEDS)

Published:

In the Canadian markets, Augusta Resource Corp (TSX: AZC) gained 7% Tuesday,
closing a tad above the 200 DMA (Daily Moving Average) of C$2.046. Precision
Drilling Corp (TSX: PD), Sutter Gold Mining Inc (TSXV: SGM), Acadian Timber
Corp (TSX: ADN), and Baytex Energy Corp (TSX: BTE) were the other stocks
breaching the 200 DMA to the upside with strong price momentum. Negative
breakouts were seen in Spectral Diagnostics Inc (TSX: SDI), Clifton Star
Resources Inc (TSXV: CFO), Americas Petrogas Inc (TSXV: BOE), Pinetree
Capital Ltd (TSX: PNP), and Element Financial Corp (TSX: EFN).

Augusta Resource Corp (TSX: AZC) – Technical Chart

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In the U.S. markets, SemiLEDs Corp/Taiwan (NASDAQ: LEDS), Sciclone Pharmaceuticals
Inc (NASDAQ: SCLN), World Acceptance Corp (NASDAQ: WRLD), Millennial Media
Inc (NYSE: MM), and Regulus Therapeutics Inc (NASDAQ: RGLS) witnessed strong
price gains and breakouts above their 200 DMAs Tuesday. PBF Energy Inc
(NYSE: PBF), Silicon Image Inc (NASDAQ: SIMG), MeadWestvaco Corp (NYSE:
MWV), Sunstone Hotel Investors Inc (NYSE: SHO), and Oritani Financial Corp
(NASDAQ: ORIT) 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

Arcan Resources Ltd

(TSXV: ARN)

12.9%

0.35

0.33

Spectral Diagnostics Inc

(TSX: SDI)

-32.1%

0.38

0.55

Empire Industries Ltd/Canada

(TSXV: EIL)

10.5%

0.11

0.10

Sunward Resources Ltd

(TSX: SWD)

-17.5%

0.165

0.18

Petroforte International Ltd

(TSXV: PFI)

8.6%

0.19

0.18

North American Palladium Ltd

(TSX: PDL)

-12.2%

0.65

0.68

Xmet Inc

(TSXV: XME)

7.7%

0.14

0.14

Lamelee Iron Ore Ltd

(TSXV: LIR)

-9.1%

0.15

0.15

Canacol Energy Ltd

(TSX: CNE)

7.1%

6.96

6.79

First Point Minerals Corp

(TSX: FPX)

-8.6%

0.16

0.16

50 DMA

Cardiocomm Solutions Inc

(TSXV: EKG)

20.0%

0.12

0.11

Sunward Resources Ltd

(TSX: SWD)

-17.5%

0.165

0.19

Arcan Resources Ltd

(TSXV: ARN)

12.9%

0.35

0.35

First Point Minerals Corp

(TSX: FPX)

-8.6%

0.16

0.16

Lucara Diamond Corp

(TSX: LUC)

5.3%

1.58

1.57

Caledonia Mining Corp

(TSX: CAL)

-3.8%

0.75

0.77

Athabasca Minerals Inc

(TSXV: ABM)

5.0%

1.68

1.64

Arianne Phosphate Inc

(TSXV: DAN)

-2.1%

1.37

1.39

Martinrea International Inc

(TSX: MRE)

4.8%

8.91

8.66

Pure Industrial Real Estate Trust

(TSX: AAR-U)

-1.8%

4.44

4.52

200 DMA

Augusta Resource Corp

(TSX: AZC)

7.3%

2.05

2.046

Spectral Diagnostics Inc

(TSX: SDI)

-32.1%

0.38

0.42

Precision Drilling Corp

(TSX: PD)

3.6%

9.94

9.78

Clifton Star Resources Inc

(TSXV: CFO)

-5.5%

0.26

0.27

Sutter Gold Mining Inc

(TSXV: SGM)

2.8%

0.19

0.18

Americas Petrogas Inc

(TSXV: BOE)

-2.8%

1.37

1.38

Acadian Timber Corp

(TSX: ADN)

1.5%

13.14

13.00

Pinetree Capital Ltd

(TSX: PNP)

-2.7%

0.36

0.37

Baytex Energy Corp

(TSX: BTE)

0.2%

41.07

41.06

Element Financial Corp

(TSX: EFN)

-2.2%

12.42

12.47

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

BG Medicine Inc

(NASDAQ: BGMD)

20.9%

1.39

1.19

Propell Technologies Group Inc

(OTC BB: PROP)

-11.9%

0.2025

0.23

Sciclone Pharmaceuticals Inc

(NASDAQ: SCLN)

16.7%

5.24

5.11

America First Multifamily Investors LP

(NASDAQ: ATAX)

-7.6%

5.86

6.33

Kraton Performance Polymers Inc

(NYSE: KRA)

15.6%

24.73

22.68

Rambus Inc

(NASDAQ: RMBS)

-7.2%

8.89

9.16

Rocket Fuel Inc

(NASDAQ: FUEL)

14.9%

66.40

59.28

Inuvo Inc

(NYSE: INUV)

-6.9%

1.35

1.37

YY Inc

(NASDAQ: YY)

14.5%

65.28

57.86

Himax Technologies Inc

(NASDAQ: HIMX)

-6.9%

13.54

13.56

50 DMA

Recon Technology Ltd

(NASDAQ: RCON)

38.2%

4.96

3.73

Rambus Inc

(NASDAQ: RMBS)

-7.2%

8.89

8.98

AK Steel Holding Corp

(NYSE: AKS)

18.7%

7.11

6.56

Inuvo Inc

(NYSE: INUV)

-6.9%

1.35

1.41

Sciclone Pharmaceuticals Inc

(NASDAQ: SCLN)

16.7%

5.24

4.94

RIT Technologies Ltd

(NASDAQ: RITT)

-6.1%

1.69

1.75

Kraton Performance Polymers Inc

(NYSE: KRA)

15.6%

24.73

22.82

Aerie Pharmaceuticals Inc

(NASDAQ: AERI)

-5.9%

15.76

15.90

World Acceptance Corp

(NASDAQ: WRLD)

14.2%

100.46

88.80

Voc Energy Trust

(NYSE: VOC)

-5.8%

15.05

15.51

200 DMA

SemiLEDs Corp/Taiwan

(NASDAQ: LEDS)

22.2%

1.44

1.23

PBF Energy Inc

(NYSE: PBF)

-1.4%

26.19

26.32

Sciclone Pharmaceuticals Inc

(NASDAQ: SCLN)

16.7%

5.24

5.08

Silicon Image Inc

(NASDAQ: SIMG)

-1.1%

5.5

5.53

World Acceptance Corp

(NASDAQ: WRLD)

14.2%

100.46

89.42

MeadWestvaco Corp

(NYSE: MWV)

-1.0%

35.85

36.04

Millennial Media Inc

(NYSE: MM)

13.7%

8.37

7.48

Sunstone Hotel Investors Inc

(NYSE: SHO)

-0.5%

12.76

12.78

Regulus Therapeutics Inc

(NASDAQ: RGLS)

13.1%

8.89

8.31

Oritani Financial Corp

(NASDAQ: ORIT)

-0.1%

15.66

15.67

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