In the Canadian markets, Continental Gold Ltd (TSX: CNL) gained 14% Friday, piercing the long term 200 DMA (Daily Moving Average) of C$3.80. Pangolin Diamonds Corp (TSXV: PAN), Elgin Mining Inc (TSX: ELG), Pretium Resources Inc (TSX: PVG), and Victoria Gold Corp (TSXV: VIT) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Baytex Energy Corp (TSX: BTE), Canadian Zinc Corp (TSX: CZN), Arsenal Energy Inc (TSX: AEI), Yorbeau Resources Inc (TSX: YRB/A), and Gabriel Resources Ltd (TSX: GBU).
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Continental Gold Ltd (TSX: CNL) – Technical Chart |
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In the U.S. markets, Cytokinetics Inc (NASDAQ: CYTK), Aeroflex Holding Corp (NYSE: ARX), Imation Corp (NYSE: IMN), OXiGENE Inc (NASDAQ: OXGN), and Inuvo Inc (NYSE: INUV) witnessed strong price gains and breakouts above their 200 DMAs Friday. Greenestone Healthcare Corp (OTC BB: GRST), NIC Inc (NASDAQ: EGOV), Mitek Systems Inc (NASDAQ: MITK), Kopin Corp (NASDAQ: KOPN), and Atmel Corp (NASDAQ: ATML) witnessed price declines and fell below their 200 DMAs Friday.
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Breakouts – Canada |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Argex Titanium Inc |
23.8% |
0.78 |
0.71 |
Petromanas Energy Inc |
-13.8% |
0.125 |
0.14 |
|
Stem Cell Therapeutics Corp |
18.0% |
0.59 |
0.51 |
IBC Advanced Alloys Corp |
-7.7% |
0.18 |
0.19 |
|
|
Tomagold Corp |
15.4% |
0.15 |
0.14 |
Lamelee Iron Ore Ltd |
-6.3% |
0.15 |
0.16 |
|
|
Lexam VG Gold Inc |
13.6% |
0.13 |
0.12 |
Baytex Energy Corp |
-4.6% |
39.72 |
40.98 |
|
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Pangolin Diamonds Corp |
13.0% |
0.26 |
0.23 |
Forum Uranium Corp |
-3.9% |
0.37 |
0.37 |
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|
50 DMA |
Argex Titanium Inc |
23.8% |
0.78 |
0.69 |
Petromanas Energy Inc |
-13.8% |
0.125 |
0.14 |
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Lexam VG Gold Inc |
13.6% |
0.13 |
0.11 |
ICO Therapeutics Inc |
-5.8% |
0.405 |
0.42 |
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Stornoway Diamond Corp |
6.7% |
0.80 |
0.77 |
Eagle Star Minerals Corp |
-5.0% |
0.19 |
0.20 |
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IAMGOLD Corp |
5.2% |
4.05 |
3.98 |
Baytex Energy Corp |
-4.6% |
39.72 |
41.27 |
|
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Levon Resources Ltd |
4.0% |
0.26 |
0.25 |
Vermilion Energy Inc |
-1.3% |
60.8 |
61.29 |
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|
200 DMA |
Continental Gold Ltd |
14.4% |
4.06 |
3.80 |
Baytex Energy Corp |
-4.6% |
39.72 |
41.15 |
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Pangolin Diamonds Corp |
13.0% |
0.26 |
0.26 |
Canadian Zinc Corp |
-2.9% |
0.495 |
0.50 |
|
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Elgin Mining Inc |
11.1% |
0.20 |
0.18 |
Arsenal Energy Inc |
-2.9% |
4.76 |
4.78 |
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|
Pretium Resources Inc |
8.3% |
6.77 |
6.74 |
Yorbeau Resources Inc |
-2.8% |
0.175 |
0.18 |
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Victoria Gold Corp |
8.0% |
0.14 |
0.13 |
Gabriel Resources Ltd |
-2.5% |
1.17 |
1.20 |
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Breakouts – U.S. |
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|
DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Cytokinetics Inc |
26.1% |
8.70 |
7.95 |
Uranium Resources Inc |
-16.0% |
2.89 |
3.35 |
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Adept Technology Inc |
21.3% |
18.33 |
16.37 |
Pro-Dex Inc |
-12.2% |
2.59 |
2.85 |
|
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Sunesis Pharmaceuticals Inc |
18.3% |
4.98 |
4.55 |
El Capitan Precious Metals Inc |
-9.8% |
0.185 |
0.19 |
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Puma Biotechnology Inc |
18.2% |
122.59 |
115.24 |
Endeavour International Corp |
-9.0% |
5.89 |
6.09 |
|
|
Cell Therapeutics Inc |
17.7% |
3.33 |
2.94 |
TTM Technologies Inc |
-5.2% |
7.85 |
8.25 |
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|
50 DMA |
Cytokinetics Inc |
26.1% |
8.70 |
7.35 |
Uranium Resources Inc |
-16.0% |
2.89 |
3.20 |
|
Sunesis Pharmaceuticals Inc |
18.3% |
4.98 |
4.68 |
Pro-Dex Inc |
-12.2% |
2.59 |
2.65 |
|
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Imation Corp |
14.5% |
4.96 |
4.77 |
NCR Corp |
-8.3% |
32.07 |
34.27 |
|
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Virtual Piggy Inc |
12.4% |
1.18 |
1.07 |
La Jolla Pharmaceutical Co |
-8.2% |
7.26 |
7.71 |
|
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Lannett Co Inc |
12.3% |
35.97 |
33.02 |
MaxLinear Inc |
-7.5% |
9.56 |
9.78 |
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|
200 DMA |
Cytokinetics Inc |
26.1% |
8.70 |
8.47 |
Greenestone Healthcare Corp |
-13.7% |
0.17 |
0.18 |
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Aeroflex Holding Corp |
14.6% |
7.77 |
7.32 |
NIC Inc |
-10.6% |
18.98 |
20.77 |
|
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Imation Corp |
14.5% |
4.96 |
4.39 |
Mitek Systems Inc |
-3.7% |
5.53 |
5.70 |
|
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OXiGENE Inc |
11.8% |
2.85 |
2.77 |
Kopin Corp |
-3.2% |
3.64 |
3.72 |
|
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Inuvo Inc |
10.4% |
1.27 |
1.17 |
Atmel Corp |
-3.1% |
7.44 |
7.52 |
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