Technical Breakouts to watch for March 03, 2014 (TSXV: BTI) (NYSE: DRQ)

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In the Canadian markets, biOasis Technologies Inc (TSXV: BTI) gained 24% Sunday, piercing the long term 200 DMA (Daily Moving Average) of C$0.98. Gabriel Resources Ltd (TSX: GBU), C-com Satellite Systems Inc (TSXV: CMI), Mawson West Ltd (TSX: MWE), and CUB Energy Inc (TSXV: KUB) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in MGM Energy Corp (TSX: MGX), Lithium Americas Corp (TSX: LAC), Neptune Technologies & Bioressources Inc (TSX: NTB), Barkerville Gold Mines Ltd (TSXV: BGM), and Bioniche Life Sciences Inc (TSX: BNC).

biOasis Technologies Inc (TSXV: BTI) – Technical Chart – Technical Chart

biOasis Technologies Inc (TSXV: BTI)

In the U.S. markets, Dril-Quip Inc (NYSE: DRQ), Nelnet Inc (NYSE: NNI), Golar LNG Ltd (NASDAQ: GLNG), WesBanco Inc (NASDAQ: WSBC), and Threshold Pharmaceuticals Inc (NASDAQ: THLD) witnessed strong price gains and breakouts above their 200 DMAs Sunday. Endologix Inc (NASDAQ: ELGX), BioFuel Energy Corp (NASDAQ: BIOF), Momenta Pharmaceuticals Inc (NASDAQ: MNTA), Stemline Therapeutics Inc (NASDAQ: STML), and Ampio Pharmaceuticals Inc (NYSE: AMPE) witnessed price declines and fell below their 200 DMAs Sunday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Cortex Business Solutions Inc
(TSXV: CBX)

45.0%

0.15

0.13

Northern Dynasty Minerals Ltd
(TSX: NDM)

-29.1%

1.17

1.55

Southern Pacific Resource Corp
(TSX: STP)

27.6%

0.19

0.18

MGM Energy Corp
(TSX: MGX)

-25.0%

0.15

0.19

Palliser Oil & Gas Corp
(TSXV: PXL)

20.0%

0.30

0.27

Lithium Americas Corp
(TSX: LAC)

-17.9%

0.32

0.33

Mercator Minerals Ltd
(TSX: ML)

16.7%

0.11

0.09

Royal Nickel Corp
(TSX: RNX)

-8.2%

0.39

0.39

Verisante Technology Inc
(TSXV: VRS)

14.6%

0.24

0.23

Scorpio Mining Corp
(TSX: SPM)

-6.3%

0.37

0.37

50 DMA

Cortex Business Solutions Inc
(TSXV: CBX)

45.0%

0.15

0.14

Northern Dynasty Minerals Ltd
(TSX: NDM)

-29.1%

1.17

1.51

Palliser Oil & Gas Corp
(TSXV: PXL)

20.0%

0.30

0.27

MGM Energy Corp
(TSX: MGX)

-25.0%

0.15

0.18

Mercator Minerals Ltd
(TSX: ML)

16.7%

0.11

0.09

Lithium Americas Corp
(TSX: LAC)

-17.9%

0.32

0.34

C-com Satellite Systems Inc
(TSXV: CMI)

12.1%

1.85

1.67

Platinum Group Metals Ltd
(TSX: PTM)

-2.3%

1.27

1.28

Barisan Gold Corp
(TSXV: BG)

11.9%

0.24

0.23

Orezone Gold Corp
(TSX: ORE)

-1.7%

0.58

0.59

200 DMA

biOasis Technologies Inc
(TSXV: BTI)

23.7%

1.15

0.98

MGM Energy Corp
(TSX: MGX)

-25.0%

0.15

0.20

Gabriel Resources Ltd
(TSX: GBU)

14.3%

1.20

1.17

Lithium Americas Corp
(TSX: LAC)

-17.9%

0.32

0.37

C-com Satellite Systems Inc
(TSXV: CMI)

12.1%

1.85

1.65

Neptune Technologies & Bioressources Inc (TSX: NTB)

-13.7%

2.9

3.36

Mawson West Ltd
(TSX: MWE)

9.3%

0.53

0.51

Barkerville Gold Mines Ltd
(TSXV: BGM)

-10.3%

0.61

0.62

CUB Energy Inc
(TSXV: KUB)

4.8%

0.22

0.22

Bioniche Life Sciences Inc
(TSX: BNC)

-9.1%

0.3

0.33

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

China Commercial Credit Inc
(NASDAQ: CCCR)

32.3%

8.40

6.85

Endologix Inc
(NASDAQ: ELGX)

-24.5%

13.5

16.52

Dril-Quip Inc
(NYSE: DRQ)

12.1%

107.56

101.21

PROS Holdings Inc
(NYSE: PRO)

-16.1%

34.45

38.15

Nelnet Inc
(NYSE: NNI)

10.0%

40.12

36.98

Medivation Inc
(NASDAQ: MDVN)

-14.9%

71.91

79.65

FreeSeas Inc
(NASDAQ: FREE)

9.9%

1.89

1.80

KBR Inc
(NYSE: KBR)

-13.5%

27.62

31.43

Iridex Corp
(NASDAQ: IRIX)

9.2%

9.40

8.85

Cempra Inc
(NASDAQ: CEMP)

-12.2%

11.39

12.81

50 DMA

China Commercial Credit Inc
(NASDAQ: CCCR)

32.3%

8.40

7.26

Endologix Inc
(NASDAQ: ELGX)

-24.5%

13.5

16.76

Arotech Corp
(NASDAQ: ARTX)

13.7%

3.41

3.06

PROS Holdings Inc
(NYSE: PRO)

-16.1%

34.45

38.72

Willbros Group Inc
(NYSE: WG)

13.0%

9.88

8.80

Medivation Inc
(NASDAQ: MDVN)

-14.9%

71.91

74.40

Dril-Quip Inc
(NYSE: DRQ)

12.1%

107.56

104.09

KBR Inc
(NYSE: KBR)

-13.5%

27.62

31.32

Nelnet Inc
(NYSE: NNI)

10.0%

40.12

38.61

Cempra Inc
(NASDAQ: CEMP)

-12.2%

11.39

12.97

200 DMA

Dril-Quip Inc
(NYSE: DRQ)

12.1%

107.56

103.97

Endologix Inc
(NASDAQ: ELGX)

-24.5%

13.50

16.03

Nelnet Inc
(NYSE: NNI)

10.0%

40.12

39.49

BioFuel Energy Corp
(NASDAQ: BIOF)

-15.9%

2.91

3.02

Golar LNG Ltd
(NASDAQ: GLNG)

8.4%

36.60

35.90

Momenta Pharmaceuticals Inc
(NASDAQ: MNTA)

-14.0%

14.8

16.09

WesBanco Inc
(NASDAQ: WSBC)

3.7%

29.81

28.94

Stemline Therapeutics Inc
(NASDAQ: STML)

-11.1%

25.86

26.88

Threshold Pharmaceuticals Inc
(NASDAQ: THLD)

3.3%

5.00

4.91

Ampio Pharmaceuticals Inc
(NYSE: AMPE)

-10.3%

7.12

7.20

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