Technical Breakouts to Watch for January 30, 2014 (TSX: RN) (NYSE: FSL)

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In the Canadian markets, Rio Novo Gold Inc (TSX: RN) gained 38% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.08. Premier Gold Mines Ltd (TSX: PG), Trimel Pharmaceuticals Corp (TSX: TRL), Bear Creek Mining Corp (TSXV: BCM), and Rubicon Minerals Corp (TSX: RMX) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Lydian International Ltd (TSX: LYD), Ivernia Inc (TSX: IVW), Cequence Energy Ltd (TSX: CQE), Precision Drilling Corp (TSX: PD), and Carmanah Technologies Corp (TSX: CMH).

Rio Novo Gold Inc (TSX: RN) – Technical Chart

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In the U.S. markets, Freescale Semiconductor Ltd (NYSE: FSL), Timberline Resources Corp (NYSE: TLR), RF Micro Devices Inc (NASDAQ: RFMD), BroadSoft Inc (NASDAQ: BSFT), and Myriad Genetics Inc (NASDAQ: MYGN) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Progenics Pharmaceuticals Inc (NASDAQ: PGNX), Triumph Group Inc (NYSE: TGI), Hutchinson Technology Inc (NASDAQ: HTCH), GFI Group Inc (NYSE: GFIG), and Advaxis Inc (NASDAQ: ADXS) 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

PRD Energy Inc
(TSXV: PRD)

17.6%

1.20

1.02

Dynacor Gold Mines Inc
(TSX: DNG)

-22.7%

1.6

1.86

Petaquilla Minerals Ltd
(TSX: PTQ)

6.7%

0.32

0.31

True Gold Mining Inc
(TSXV: TGM)

-14.1%

0.395

0.42

Centerra Gold Inc
(TSX: CG)

5.5%

4.43

4.36

Titan Logix Corp
(TSXV: TLA)

-10.6%

1.26

1.32

BENEV Capital Inc
(TSXV: BEV/H)

4.3%

1.68

1.66

Patient Home Monitoring Corp
(TSXV: PHM)

-9.7%

0.28

0.30

Atico Mining Corp
(TSXV: ATY)

3.4%

0.61

0.60

Cardero Resource Corp
(TSX: CDU)

-9.1%

0.2

0.22

50 DMA

PRD Energy Inc
(TSXV: PRD)

17.6%

1.20

1.02

Dynacor Gold Mines Inc
(TSX: DNG)

-22.7%

1.6

1.81

BENEV Capital Inc
(TSXV: BEV/H)

4.3%

1.68

1.65

Titan Logix Corp
(TSXV: TLA)

-10.6%

1.26

1.29

Raise Production Inc
(TSXV: RPC)

4.2%

1.00

0.99

Nemaska Lithium Inc
(TSXV: NMX)

-4.5%

0.105

0.11

IAMGOLD Corp
(TSX: IMG)

3.7%

4.20

4.05

Argent Energy Trust
(TSX: AET-U)

-2.9%

7.62

7.83

Atico Mining Corp
(TSXV: ATY)

3.4%

0.61

0.60

Precision Drilling Corp
(TSX: PD)

-2.9%

9.65

9.82

200 DMA

Rio Novo Gold Inc
(TSX: RN)

37.5%

0.11

0.08

Lydian International Ltd
(TSX: LYD)

-6.3%

1.05

1.06

Premier Gold Mines Ltd
(TSX: PG)

11.1%

2.10

2.00

Ivernia Inc
(TSX: IVW)

-3.7%

0.13

0.13

Trimel Pharmaceuticals Corp
(TSX: TRL)

8.5%

0.77

0.72

Cequence Energy Ltd
(TSX: CQE)

-2.9%

1.66

1.68

Bear Creek Mining Corp
(TSXV: BCM)

6.9%

2.02

2.01

Precision Drilling Corp
(TSX: PD)

-2.9%

9.65

9.79

Rubicon Minerals Corp
(TSX: RMX)

6.6%

1.46

1.39

Carmanah Technologies Corp
(TSX: CMH)

-2.6%

0.19

0.19

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

China GengSheng Minerals Inc
(NYSE: CHGS)

58.7%

0.37

0.23

Progenics Pharmaceuticals Inc
(NASDAQ: PGNX)

-27.4%

4.5

5.84

Astrotech Corp
(NASDAQ: ASTC)

25.7%

3.67

3.08

Envision Solar International Inc
(OTC BB: EVSI)

-16.4%

0.148

0.17

Worlds Inc
(OTC BB: WDDD)

16.4%

0.16

0.15

Triumph Group Inc
(NYSE: TGI)

-11.7%

68.4

76.33

Freescale Semiconductor Ltd
(NYSE: FSL)

14.7%

17.55

15.65

CommVault Systems Inc
(NASDAQ: CVLT)

-8.8%

69.44

73.48

Gevo Inc
(NASDAQ: GEVO)

10.6%

1.36

1.31

Sparton Corp
(NYSE: SPA)

-6.9%

27.36

27.85

50 DMA

Worlds Inc
(OTC BB: WDDD)

16.4%

0.16

0.15

Progenics Pharmaceuticals Inc
(NASDAQ: PGNX)

-27.4%

4.5

5.31

RadNet Inc
(NASDAQ: RDNT)

9.9%

1.89

1.75

Envision Solar International Inc
(OTC BB: EVSI)

-16.4%

0.148

0.16

Prothena Corp PLC
(NASDAQ: PRTA)

9.8%

29.79

27.21

Triumph Group Inc
(NYSE: TGI)

-11.7%

68.4

75.02

RF Micro Devices Inc
(NASDAQ: RFMD)

9.4%

5.35

5.02

Greenestone Healthcare Corp
(OTC BB: GRST)

-9.5%

0.19

0.20

Double Eagle Petroleum Co
(NASDAQ: DBLE)

8.2%

2.37

2.32

Mitel Networks Corp
(NASDAQ: MITL)

-8.9%

8.49

9.18

200 DMA

Freescale Semiconductor Ltd
(NYSE: FSL)

14.7%

17.55

15.37

Progenics Pharmaceuticals Inc
(NASDAQ: PGNX)

-27.4%

4.50

4.90

Timberline Resources Corp
(NYSE: TLR)

14.6%

0.22

0.19

Triumph Group Inc
(NYSE: TGI)

-11.7%

68.4

75.61

RF Micro Devices Inc
(NASDAQ: RFMD)

9.4%

5.35

5.28

Hutchinson Technology Inc
(NASDAQ: HTCH)

-5.5%

3.8

3.91

BroadSoft Inc
(NASDAQ: BSFT)

6.7%

29.96

29.68

GFI Group Inc
(NYSE: GFIG)

-5.1%

3.88

3.91

Myriad Genetics Inc
(NASDAQ: MYGN)

4.3%

27.60

27.36

Advaxis Inc
(NASDAQ: ADXS)

-4.6%

4.6

4.77

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