Technical Breakouts to Watch for February 11, 2014 (TSX: ARG) (NYSE: IDN)

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In the Canadian markets, Amerigo Resources Ltd (TSX: ARG) gained 14% Monday, piercing the long term 200 DMA (Daily Moving Average) of C$0.43. ATAC Resources Ltd (TSXV: ATC), Kirkland Lake Gold Inc (TSX: KGI), Ucore Rare Metals Inc (TSXV: UCU), and Gold Canyon Resources Inc (TSXV: GCU) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Olivut Resources Ltd (TSXV: OLV), Anderson Energy Ltd (TSX: AXL), Crocotta Energy Inc (TSX: CTA), Whitecap Resources Inc (TSX: WCP), and COM DEV International Ltd (TSX: CDV).

Amerigo Resources Ltd (TSX: ARG) – Technical Chart

Amerigo Resources Ltd (TSX: ARG)

In the U.S. markets, Intellicheck Mobilisa Inc (NYSE: IDN), China Information Technology Inc (NASDAQ: CNIT), magicJack VocalTec Ltd (NASDAQ: CALL), Synta Pharmaceuticals Corp (NASDAQ: SNTA), and InterMune Inc (NASDAQ: ITMN) witnessed strong price gains and breakouts above their 200 DMAs Monday. Timberline Resources Corp (NYSE: TLR), Niska Gas Storage Partners LLC (NYSE: NKA), Uranium Resources Inc (NASDAQ: URRE), Life Partners Holdings Inc (NASDAQ: LPHI), and Medicines Co (NASDAQ: MDCO) witnessed price declines and fell below their 200 DMAs Monday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Western Copper and Gold Corp
(TSX: WRN)

15.7%

0.81

0.77

Cortex Business Solutions Inc
(TSXV: CBX)

-20.7%

0.115

0.14

Amerigo Resources Ltd
(TSX: ARG)

14.3%

0.48

0.44

Olivut Resources Ltd
(TSXV: OLV)

-20.6%

0.25

0.30

Macusani Yellowcake Inc
(TSXV: YEL)

14.3%

0.12

0.11

Anderson Energy Ltd
(TSX: AXL)

-9.7%

0.14

0.15

Longview Oil Corp
(TSX: LNV)

13.7%

5.05

4.71

Focus Graphite Inc
(TSXV: FMS)

-6.9%

0.54

0.57

Starcore International Mines Ltd
(TSX: SAM)

12.8%

0.22

0.21

US Oil Sands Inc
(TSXV: USO)

-6.7%

0.14

0.14

50 DMA

Macusani Yellowcake Inc
(TSXV: YEL)

14.3%

0.12

0.11

Olivut Resources Ltd
(TSXV: OLV)

-20.6%

0.25

0.26

Longview Oil Corp
(TSX: LNV)

13.7%

5.05

4.84

Critical Elements Corp
(TSXV: CRE)

-10.5%

0.17

0.19

Banro Corp
(TSX: BAA)

12.7%

0.62

0.62

Anderson Energy Ltd
(TSX: AXL)

-9.7%

0.14

0.14

Copper Fox Metals Inc
(TSXV: CUU)

12.3%

0.37

0.36

US Oil Sands Inc
(TSXV: USO)

-6.7%

0.14

0.15

Nemaska Lithium Inc
(TSXV: NMX)

10.0%

0.11

0.11

Petrowest Corp
(TSX: PRW)

-3.8%

1.02

1.02

200 DMA

Amerigo Resources Ltd
(TSX: ARG)

14.3%

0.48

0.43

Olivut Resources Ltd
(TSXV: OLV)

-20.6%

0.25

0.25

ATAC Resources Ltd
(TSXV: ATC)

13.8%

0.91

0.91

Anderson Energy Ltd
(TSX: AXL)

-9.7%

0.14

0.15

Kirkland Lake Gold Inc
(TSX: KGI)

10.7%

3.74

3.61

Crocotta Energy Inc
(TSX: CTA)

-2.7%

2.85

2.92

Ucore Rare Metals Inc
(TSXV: UCU)

10.0%

0.28

0.25

Whitecap Resources Inc
(TSX: WCP)

-2.6%

11.43

11.54

Gold Canyon Resources Inc
(TSXV: GCU)

7.3%

0.30

0.29

COM DEV International Ltd
(TSX: CDV)

-1.5%

3.94

3.98

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Supertex Inc
(NASDAQ: SUPX)

35.2%

32.95

25.98

First Mariner Bancorp
(OTC BB: FMAR)

-77.8%

0.151

0.54

Stereotaxis Inc
(NASDAQ: STXS)

14.0%

5.21

4.71

Timberline Resources Corp
(NYSE: TLR)

-21.4%

0.1651

0.19

Synta Pharmaceuticals Corp
(NASDAQ: SNTA)

11.5%

6.10

5.72

Centor Inc
(OTC BB: CNTO)

-13.7%

2.08

2.25

Gold Resource Corp
(NYSE: GORO)

11.5%

5.15

4.76

Echelon Corp
(NASDAQ: ELON)

-9.7%

2.855

2.91

Dynavax Technologies Corp
(NASDAQ: DVAX)

10.4%

1.91

1.88

MBT Financial Corp
(NASDAQ: MBTF)

-9.2%

4.63

5.08

50 DMA

Supertex Inc
(NASDAQ: SUPX)

35.2%

32.95

25.41

First Mariner Bancorp
(OTC BB: FMAR)

-77.8%

0.151

0.51

Intellicheck Mobilisa Inc
(NYSE: IDN)

33.5%

0.68

0.54

Timberline Resources Corp
(NYSE: TLR)

-21.4%

0.1651

0.18

Oramed Pharmaceuticals Inc
(NASDAQ: ORMP)

12.1%

15.97

15.78

Niska Gas Storage Partners LLC
(NYSE: NKA)

-8.3%

14.54

15.06

Gold Resource Corp
(NYSE: GORO)

11.5%

5.15

4.80

Zeltiq Aesthetics Inc
(NASDAQ: ZLTQ)

-5.6%

18.98

19.39

Dynavax Technologies Corp
(NASDAQ: DVAX)

10.4%

1.91

1.83

Advanced Photonix Inc
(NYSE: API)

-4.7%

0.7051

0.72

200 DMA

Intellicheck Mobilisa Inc
(NYSE: IDN)

33.5%

0.68

0.53

Timberline Resources Corp
(NYSE: TLR)

-21.4%

0.17

0.19

China Information Technology Inc
(NASDAQ: CNIT)

25.6%

5.20

4.21

Niska Gas Storage Partners LLC
(NYSE: NKA)

-8.3%

14.54

14.92

magicJack VocalTec Ltd
(NASDAQ: CALL)

18.2%

16.25

13.95

Uranium Resources Inc
(NASDAQ: URRE)

-6.6%

2.7

2.88

Synta Pharmaceuticals Corp
(NASDAQ: SNTA)

11.5%

6.10

5.86

Life Partners Holdings Inc
(NASDAQ: LPHI)

-6.1%

2.45

2.49

InterMune Inc
(NASDAQ: ITMN)

11.3%

13.50

13.19

Medicines Co/The
(NASDAQ: MDCO)

-5.3%

32.42

34.19

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