Technical Breakouts to Watch for February 24, 2014 (TSXV: BOE) (NYSE: ESC)

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In the Canadian markets, Americas Petrogas Inc (TSXV: BOE) gained 12% Friday, piercing the long term 200 DMA (Daily Moving Average) of C$1.34. Thompson Creek Metals Co Inc (TSX: TCM), Canada Carbon Inc (TSXV: CCB), TransGlobe Energy Corp (TSX: TGL), and Dolly Varden Silver Ltd (TSXV: DV) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Manitok Energy Inc (TSXV: MEI), Hudson Resources Inc (TSXV: HUD), Sterling Resources Ltd (TSXV: SLG), Essential Energy Services Ltd (TSX: ESN), and Vista Gold Corp (TSX: VGZ).

Americas Petrogas Inc (TSXV: BOE) – Technical Chart

Americas Petrogas Inc (TSXV: BOE)

In the U.S. markets, Emeritus Corp (NYSE: ESC), Pulse Electronics Corp (NYSE: PULS), Authentidate Holding Corp (NASDAQ: ADAT), Alexander & Baldwin Inc (NYSE: ALEX), and Armco Metals Holdings Inc (NYSE: AMCO) witnessed strong price gains and breakouts above their 200 DMAs Friday. MRC Global Inc (NYSE: MRC), Financial Engines Inc (NASDAQ: FNGN), FleetMatics Group PLC (NYSE: FLTX), Axiall Corp (NYSE: AXLL), and ANADIGICS Inc (NASDAQ: ANAD) witnessed price declines and fell below their 200 DMAs Friday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Vanoil Energy Ltd
(TSXV: VEL)

30.0%

0.13

0.11

Kivalliq Energy Corp
(TSXV: KIV)

-8.3%

0.22

0.23

Empire Industries Ltd/Canada
(TSXV: EIL)

10.0%

0.11

0.10

Balmoral Resources Ltd
(TSX: BAR)

-5.0%

0.57

0.58

Quest Rare Minerals Ltd
(TSX: QRM)

8.0%

0.54

0.51

Enterprise Group Inc
(TSX: E)

-5.0%

0.95

0.96

Africa Hydrocarbons Inc
(TSXV: NFK)

7.1%

0.15

0.14

Arcan Resources Ltd
(TSXV: ARN)

-4.8%

0.295

0.30

Turquoise Hill Resources Ltd
(TSX: TRQ)

6.4%

4.00

3.84

Capstone Mining Corp
(TSX: CS)

-4.5%

2.99

3.05

50 DMA

Vanoil Energy Ltd
(TSXV: VEL)

30.0%

0.13

0.13

Advanced Proteome Therapeutics Corp
(TSXV: APC)

-12.0%

0.22

0.24

Declan Resources Inc
(TSXV: LAN)

10.0%

0.11

0.11

Photon Control Inc
(TSXV: PHO)

-5.1%

0.28

0.29

Zenyatta Ventures Ltd
(TSXV: ZEN)

5.7%

2.22

2.13

Redknee Solutions Inc
(TSX: RKN)

-4.3%

5.98

6.21

Russel Metals Inc
(TSX: RUS)

4.1%

30.00

29.41

Xmet Inc
(TSXV: XME)

-3.7%

0.13

0.13

Alberta Oilsands Inc
(TSXV: AOS)

3.4%

0.15

0.15

Petromanas Energy Inc
(TSXV: PMI)

-3.4%

0.14

0.14

200 DMA

Americas Petrogas Inc
(TSXV: BOE)

12.2%

1.38

1.34

Manitok Energy Inc
(TSXV: MEI)

-4.0%

2.61

2.66

Thompson Creek Metals Co Inc
(TSX: TCM)

8.8%

3.21

3.21

Hudson Resources Inc
(TSXV: HUD)

-2.9%

0.33

0.34

Canada Carbon Inc
(TSXV: CCB)

6.1%

0.18

0.17

Sterling Resources Ltd
(TSXV: SLG)

-2.9%

0.68

0.69

TransGlobe Energy Corp
(TSX: TGL)

3.8%

8.19

8.08

Essential Energy Services Ltd
(TSX: ESN)

-1.5%

2.67

2.71

Dolly Varden Silver Ltd
(TSXV: DV)

3.6%

0.15

0.14

Vista Gold Corp
(TSX: VGZ)

-1.2%

0.8

0.81

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Emeritus Corp
(NYSE: ESC)

35.2%

29.01

22.02

MRC Global Inc
(NYSE: MRC)

-15.4%

25.01

29.12

Propell Technologies Group Inc
(OTC BB: PROP)

29.4%

0.22

0.20

Vocera Communications Inc
(NYSE: VCRA)

-8.9%

16.38

17.29

XOMA Corp
(NASDAQ: XOMA)

11.6%

8.48

7.75

FleetMatics Group PLC
(NYSE: FLTX)

-8.7%

36.47

39.40

JGWPT Holdings Inc
(NYSE: JGW)

10.6%

16.95

16.82

Axiall Corp
(NYSE: AXLL)

-8.0%

39.98

41.44

Zeltiq Aesthetics Inc
(NASDAQ: ZLTQ)

10.2%

20.88

20.47

ANADIGICS Inc
(NASDAQ: ANAD)

-7.8%

1.89

1.97

50 DMA

Emeritus Corp
(NYSE: ESC)

35.2%

29.01

21.69

Endeavour International Corp
(NYSE: END)

-12.4%

5.24

5.78

Propell Technologies Group Inc
(OTC BB: PROP)

29.4%

0.22

0.21

United Online Inc
(NASDAQ: UNTD)

-12.1%

12.55

12.63

Zeltiq Aesthetics Inc
(NASDAQ: ZLTQ)

10.2%

20.88

19.60

Vocera Communications Inc
(NYSE: VCRA)

-8.9%

16.38

16.69

Alexander & Baldwin Inc
(NYSE: ALEX)

8.4%

41.82

39.98

FleetMatics Group PLC
(NYSE: FLTX)

-8.7%

36.47

39.82

Armco Metals Holdings Inc
(NYSE: AMCO)

7.0%

0.38

0.37

ANADIGICS Inc
(NASDAQ: ANAD)

-7.8%

1.89

1.92

200 DMA

Emeritus Corp
(NYSE: ESC)

35.2%

29.01

22.21

MRC Global Inc
(NYSE: MRC)

-15.4%

25.01

28.75

Pulse Electronics Corp
(NYSE: PULS)

25.8%

3.95

3.51

Financial Engines Inc
(NASDAQ: FNGN)

-11.0%

55.35

55.87

Authentidate Holding Corp
(NASDAQ: ADAT)

18.3%

1.23

1.12

FleetMatics Group PLC
(NYSE: FLTX)

-8.7%

36.47

37.00

Alexander & Baldwin Inc
(NYSE: ALEX)

8.4%

41.82

38.83

Axiall Corp
(NYSE: AXLL)

-8.0%

39.98

42.78

Armco Metals Holdings Inc
(NYSE: AMCO)

7.0%

0.38

0.36

ANADIGICS Inc
(NASDAQ: ANAD)

-7.8%

1.89

1.98

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