Technical Breakouts to Watch for February 14, 2014 (TSXV: TPN) (NYSE: MRIN)

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In the Canadian markets, Taipan Resources Inc (TSXV: TPN) gained 23% Thursday, piercing the long term 200 DMA (Daily Moving Average) of C$0.28. Gold Canyon Resources Inc (TSXV: GCU), Orosur Mining Inc (TSX: OMI), Temex Resources Corp (TSXV: TME), and Tanzanian Royalty Exploration Corp (TSX: TNX) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Impact Silver Corp (TSXV: IPT), Allana Potash Corp (TSX: AAA), WesternZagros Resources Ltd (TSXV: WZR), Aroway Energy Inc (TSXV: ARW), and Mart Resources Inc (TSXV: MMT).

Taipan Resources Inc (TSXV: TPN) – Technical Chart

Taipan Resources Inc (TSXV: TPN)

In the U.S. markets, Marin Software Inc (NYSE: MRIN), Acorda Therapeutics Inc (NASDAQ: ACOR), Walker & Dunlop Inc (NYSE: WD), Biolase Inc (NASDAQ: BIOL), and Innospec Inc (NASDAQ: IOSP) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Metabolix Inc (NASDAQ: MBLX), Perion Network Ltd (NASDAQ: PERI), Sciclone Pharmaceuticals Inc (NASDAQ: SCLN), Healthcare Trust of America Inc (NYSE: HTA), and TFS Financial Corp (NASDAQ: TFSL) witnessed price declines and fell below their 200 DMAs Thursday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Taipan Resources Inc
(TSXV: TPN)

23.1%

0.32

0.27

Resverlogix Corp
(TSX: RVX)

-20.5%

0.7

0.73

Mega Precious Metals Inc
(TSXV: MGP)

15.4%

0.15

0.14

GLV Inc
(TSX: GLV/A)

-16.0%

3.77

4.37

Ackroo Inc
(TSXV: AKR)

13.8%

0.17

0.15

Allana Potash Corp
(TSX: AAA)

-12.7%

0.445

0.45

Canadian Overseas Petroleum Ltd
(TSXV: XOP)

8.9%

0.31

0.29

WesternZagros Resources Ltd
(TSXV: WZR)

-12.0%

0.95

1.04

Home Capital Group Inc
(TSX: HCG)

8.6%

83.13

77.92

Copper Fox Metals Inc
(TSXV: CUU)

-8.2%

0.335

0.34

50 DMA

Taipan Resources Inc
(TSXV: TPN)

23.1%

0.32

0.27

GLV Inc
(TSX: GLV/A)

-16.0%

3.77

4.26

Ackroo Inc
(TSXV: AKR)

13.8%

0.17

0.15

WesternZagros Resources Ltd
(TSXV: WZR)

-12.0%

0.95

0.96

Verde Potash PLC
(TSX: NPK)

13.0%

0.61

0.57

Nautilus Minerals Inc
(TSX: NUS)

-10.0%

0.225

0.25

Palliser Oil & Gas Corp
(TSXV: PXL)

11.1%

0.30

0.29

Copper Fox Metals Inc
(TSXV: CUU)

-8.2%

0.335

0.36

IBC Advanced Alloys Corp
(TSXV: IB)

9.1%

0.18

0.18

Turquoise Hill Resources Ltd
(TSX: TRQ)

-7.2%

3.5

3.67

200 DMA

Taipan Resources Inc
(TSXV: TPN)

23.1%

0.32

0.28

Impact Silver Corp
(TSXV: IPT)

-17.7%

0.65

0.66

Gold Canyon Resources Inc
(TSXV: GCU)

20.7%

0.35

0.29

Allana Potash Corp
(TSX: AAA)

-12.7%

0.445

0.45

Orosur Mining Inc
(TSX: OMI)

14.6%

0.28

0.27

WesternZagros Resources Ltd
(TSXV: WZR)

-12.0%

0.95

1.07

Temex Resources Corp
(TSXV: TME)

14.3%

0.12

0.12

Aroway Energy Inc
(TSXV: ARW)

-9.8%

0.275

0.28

Tanzanian Royalty Exploration Corp
(TSX: TNX)

14.0%

2.76

2.72

Mart Resources Inc
(TSXV: MMT)

-7.1%

1.31

1.35

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Conatus Pharmaceuticals Inc
(NASDAQ: CNAT)

19.2%

11.79

9.97

ScripsAmerica Inc
(OTC BB: SCRC)

-11.6%

0.137

0.14

USEC Inc
(NYSE: USU)

17.4%

5.61

5.08

Bioanalytical Systems Inc
(NASDAQ: BASI)

-10.5%

2.91

3.09

ARC Group Worldwide Inc
(NASDAQ: ARCW)

16.0%

29.65

25.80

Lantronix Inc
(NASDAQ: LTRX)

-9.8%

2.22

2.28

Great East Energy Inc
(OTC BB: GASE)

15.3%

0.64

0.56

Och-Ziff Capital Management Group LLC (NYSE: OZM)

-7.3%

14.14

15.01

Clean Diesel Technologies Inc
(NASDAQ: CDTI)

14.7%

2.65

2.36

PH Glatfelter Co
(NYSE: GLT)

-7.2%

29.03

29.28

50 DMA

ION Geophysical Corp
(NYSE: IO)

29.2%

4.07

3.16

Durect Corp
(NASDAQ: DRRX)

-20.5%

1.55

1.84

Universal Forest Products Inc
(NASDAQ: UFPI)

14.7%

57.12

51.23

ScripsAmerica Inc
(OTC BB: SCRC)

-11.6%

0.137

0.14

Stewart Information Services Corp
(NYSE: STC)

14.0%

36.24

32.07

Och-Ziff Capital Management Group LLC (NYSE: OZM)

-7.3%

14.14

14.75

Hanwha SolarOne Co Ltd
(NASDAQ: HSOL)

13.6%

3.09

2.87

iPass Inc
(NASDAQ: IPAS)

-7.1%

1.57

1.61

Generac Holdings Inc
(NYSE: GNRC)

13.5%

56.64

52.33

Liquidmetal Technologies Inc
(OTC BB: LQMT)

-6.3%

0.2155

0.23

200 DMA

Marin Software Inc
(NYSE: MRIN)

10.8%

12.46

11.32

Metabolix Inc
(NASDAQ: MBLX)

-4.8%

1.38

1.39

Acorda Therapeutics Inc
(NASDAQ: ACOR)

10.0%

34.06

33.44

Perion Network Ltd
(NASDAQ: PERI)

-4.2%

11.64

12.12

Walker & Dunlop Inc
(NYSE: WD)

8.0%

16.14

15.95

Sciclone Pharmaceuticals Inc
(NASDAQ: SCLN)

-2.5%

4.97

5.09

Biolase Inc
(NASDAQ: BIOL)

7.7%

2.79

2.77

Healthcare Trust of America Inc
(NYSE: HTA)

-1.1%

10.84

10.96

Innospec Inc
(NASDAQ: IOSP)

7.1%

46.03

43.71

TFS Financial Corp
(NASDAQ: TFSL)

-0.9%

11.51

11.58

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