Technical Breakouts to Watch for March 21, 2014 (TSXV: GTP) (OTC BB: AEYE)

Published:

In the Canadian markets, Colt Resources Inc (TSXV: GTP) gained 10% Thursday, closing above the long term 200 DMA (Daily Moving Average) of C$0.31. Canada Carbon Inc (TSXV: CCB), Trimel Pharmaceuticals Corp (TSX: TRL), Industrial Alliance Insurance & Financial Services Inc (TSX: IAG), and Labrador Iron Ore Royalty Corp (TSX: LIF) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Nemaska Lithium Inc (TSXV: NMX), Gabriel Resources Ltd (TSX: GBU), Scorpio Mining Corp (TSX: SPM), Claude Resources Inc (TSX: CRJ), and Dundee International Real Estate Investment Trust (TSX: DI-U).

Colt Resources Inc (TSXV: GTP) – Technical Chart

Colt Resources Inc (TSXV: GTP)

In the U.S. markets, AudioEye Inc (OTC BB: AEYE), Paulson Capital Corp (NASDAQ: PLCC), Hemisphere Media Group Inc (NASDAQ: HMTV), EntreMed Inc (NASDAQ: ENMD), and Ultratech Inc (NASDAQ: UTEK) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Propell Technologies Group Inc (OTC BB: PROP), Clifton Savings Bancorp Inc (NASDAQ: CSBK), Silver Bull Resources Inc (NYSE: SVBL), Yingli Green Energy Holding Co Ltd (NYSE: YGE), and Addus HomeCare Corp (NASDAQ: ADUS) 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

Intermap Technologies Corp
(TSX: IMP)

20.7%

          0.35

0.34

Nemaska Lithium Inc
(TSXV: NMX)

-10.7%

0.125

0.13

Macusani Yellowcake Inc
(TSXV: YEL)

14.3%

          0.12

0.12

Freegold Ventures Ltd
(TSX: FVL)

-9.8%

0.23

0.23

Colt Resources Inc
(TSXV: GTP)

9.8%

          0.34

0.33

Gabriel Resources Ltd
(TSX: GBU)

-8.7%

1.05

1.14

Romarco Minerals Inc
(TSX: R)

8.8%

          0.74

0.73

Arcan Resources Ltd
(TSXV: ARN)

-8.3%

0.275

0.29

LeoNovus Inc
(TSXV: LTV)

7.5%

          0.50

0.47

Redline Communications Group Inc
(TSX: RDL)

-7.0%

2.65

2.76

50 DMA

Macusani Yellowcake Inc
(TSXV: YEL)

14.3%

          0.12

0.12

Freegold Ventures Ltd
(TSX: FVL)

-9.8%

0.23

0.23

Colt Resources Inc
(TSXV: GTP)

9.8%

          0.34

0.32

ISIS Lab Corp
(TSXV: LAB)

-9.1%

0.45

0.49

Cynapsus Therapeutics Inc
(TSXV: CTH)

8.7%

          1.13

1.06

Gabriel Resources Ltd
(TSX: GBU)

-8.7%

1.05

1.12

Symbility Solutions Inc
(TSXV: SY)

6.5%

          0.33

0.31

Arcan Resources Ltd
(TSXV: ARN)

-8.3%

0.275

0.30

Led Medical Diagnostics Inc
(TSXV: LMD)

6.5%

          0.50

0.47

Declan Resources Inc
(TSXV: LAN)

-8.3%

0.11

0.11

200 DMA

Colt Resources Inc
(TSXV: GTP)

9.8%

          0.34

          0.31

Nemaska Lithium Inc
(TSXV: NMX)

-10.7%

          0.13

0.13

Canada Carbon Inc
(TSXV: CCB)

5.9%

          0.18

0.18

Gabriel Resources Ltd
(TSX: GBU)

-8.7%

1.05

1.14

Trimel Pharmaceuticals Corp
(TSX: TRL)

2.9%

          0.70

0.69

Scorpio Mining Corp
(TSX: SPM)

-4.5%

0.32

0.32

Industrial Alliance Insurance & Financial Services Inc (TSX: IAG)

2.8%

        44.61

44.44

Claude Resources Inc
(TSX: CRJ)

-2.3%

0.21

0.21

Labrador Iron Ore Royalty Corp
(TSX: LIF)

0.9%

        31.46

31.32

Dundee International Real Estate Investment Trust (TSX: DI-U)

-1.1%

9.04

9.11

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Hemisphere Media Group Inc
(NASDAQ: HMTV)

13.1%

        11.89

11.26

Emisphere Technologies Inc
(OTC BB: EMIS)

-14.3%

0.24

0.25

EntreMed Inc
(NASDAQ: ENMD)

12.6%

          2.05

1.85

Agenus Inc
(NASDAQ: AGEN)

-11.6%

3.8

3.99

Mast Therapeutics Inc
(NYSE: MSTX)

12.1%

          0.83

0.80

Cinedigm Corp
(NASDAQ: CIDM)

-11.4%

2.8

2.94

eOn Communications Corp
(NASDAQ: EONC)

11.7%

          6.28

5.70

Elite Pharmaceuticals Inc
(OTC BB: ELTP)

-11.2%

0.4838

0.52

Echo Therapeutics Inc
(NASDAQ: ECTE)

10.3%

          3.43

3.15

Response Genetics Inc
(NASDAQ: RGDX)

-9.5%

1.34

1.42

50 DMA

Hemisphere Media Group Inc
(NASDAQ: HMTV)

13.1%

        11.89

11.30

Response Genetics Inc
(NASDAQ: RGDX)

-9.5%

1.34

1.44

EntreMed Inc
(NASDAQ: ENMD)

12.6%

          2.05

1.89

Clifton Savings Bancorp Inc
(NASDAQ: CSBK)

-9.1%

11.81

12.93

Cleveland Biolabs Inc
(NASDAQ: CBLI)

12.2%

          0.81

0.80

Silver Bull Resources Inc
(NYSE: SVBL)

-7.8%

0.3411

0.36

Mast Therapeutics Inc
(NYSE: MSTX)

12.1%

          0.83

0.81

India Globalization Capital Inc
(NYSE: IGC)

-6.4%

0.85

0.87

Echo Therapeutics Inc
(NASDAQ: ECTE)

10.3%

          3.43

3.29

Novabay Pharmaceuticals Inc
(NYSE: NBY)

-5.6%

1.19

1.24

200 DMA

AudioEye Inc
(OTC BB: AEYE)

37.1%

          0.48

          0.40

Propell Technologies Group Inc
(OTC BB: PROP)

-9.8%

          0.39

0.39

Paulson Capital Corp
(NASDAQ: PLCC)

16.3%

          1.00

0.98

Clifton Savings Bancorp Inc
(NASDAQ: CSBK)

-9.1%

11.81

12.57

Hemisphere Media Group Inc
(NASDAQ: HMTV)

13.1%

        11.89

11.83

Silver Bull Resources Inc
(NYSE: SVBL)

-7.8%

0.3411

0.36

EntreMed Inc
(NASDAQ: ENMD)

12.6%

          2.05

1.84

Yingli Green Energy Holding Co Ltd
(NYSE: YGE)

-6.2%

5.03

5.33

Ultratech Inc
(NASDAQ: UTEK)

4.3%

        29.38

28.71

Addus HomeCare Corp
(NASDAQ: ADUS)

-4.7%

23.53

24.28

Related articles

Recent articles