Technical Breakouts to Watch for April 08, 2014 (TSXV: PRO) (NASDAQ: IDIX)

Published:

In the Canadian markets, Pershimco Resources Inc (TSXV: PRO) gained 14% Monday, piercing the long term 200 DMA (Daily Moving Average) of C$0.35. Meadow Bay Gold Corp (TSX: MAY), Solid Resources Ltd (TSXV: SRW), Africa Hydrocarbons Inc (TSXV: NFK), and Touchstone Exploration Inc (TSXV: TAB) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Northcliff Resources Ltd (TSX: NCF), Mega Precious Metals Inc (TSXV: MGP), Forum Uranium Corp (TSXV: FDC), Laramide Resources Ltd (TSX: LAM), and Solium Capital Inc (TSX: SUM).

Pershimco Resources Inc (TSXV: PRO) – Technical Chart

Critical Elements Corp (TSXV: CRE)

In the U.S. markets, Idenix Pharmaceuticals Inc (NASDAQ: IDIX), Zoom Technologies Inc (NASDAQ: ZOOM), Pacific Biosciences of California Inc (NASDAQ: PACB), Alnylam Pharmaceuticals Inc (NASDAQ: ALNY), and Arena Pharmaceuticals Inc (NASDAQ: ARNA) witnessed strong price gains and breakouts above their 200 DMAs Monday. WageWorks Inc (NYSE: WAGE), Gogo Inc (NASDAQ: GOGO), Trina Solar Ltd (NYSE: TSL), Unilife Corp (NASDAQ: UNIS), and NQ Mobile Inc (NYSE: NQ) 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

Pershimco Resources Inc
(TSXV: PRO)

14.1%

0.37

0.36

North American Palladium Ltd
(TSX: PDL)

-16.0%

0.445

0.51

Meadow Bay Gold Corp
(TSX: MAY)

12.8%

0.22

0.22

Northcliff Resources Ltd
(TSX: NCF)

-14.8%

0.23

0.26

Bacanora Minerals Ltd
(TSXV: BCN)

5.9%

0.45

0.44

Western Lithium USA Corp
(TSX: WLC)

-13.0%

0.67

0.68

Orvana Minerals Corp
(TSX: ORV)

4.5%

0.69

0.67

Petromanas Energy Inc
(TSXV: PMI)

-9.5%

0.19

0.21

Petrobank Energy & Resources Ltd
(TSX: PBG)

3.9%

0.40

0.39

Resverlogix Corp
(TSX: RVX)

-8.9%

0.72

0.76

50 DMA

Meadow Bay Gold Corp
(TSX: MAY)

12.8%

0.22

0.20

North American Palladium Ltd
(TSX: PDL)

-16.0%

0.445

0.49

Bacanora Minerals Ltd
(TSXV: BCN)

5.9%

0.45

0.44

Northcliff Resources Ltd
(TSX: NCF)

-14.8%

0.23

0.26

Medifocus Inc
(TSXV: MFS)

4.9%

0.22

0.21

Mega Precious Metals Inc
(TSXV: MGP)

-11.8%

0.15

0.16

Pan Orient Energy Corp
(TSXV: POE)

4.7%

2.01

1.92

Quest Rare Minerals Ltd
(TSX: QRM)

-8.9%

0.51

0.55

Orvana Minerals Corp
(TSX: ORV)

4.5%

0.69

0.68

Resverlogix Corp
(TSX: RVX)

-8.9%

0.72

0.78

200 DMA

Pershimco Resources Inc
(TSXV: PRO)

14.1%

0.37

0.35

Northcliff Resources Ltd
(TSX: NCF)

-14.8%

0.23

0.26

Meadow Bay Gold Corp
(TSX: MAY)

12.8%

0.22

0.21

Mega Precious Metals Inc
(TSXV: MGP)

-11.8%

0.15

0.16

Solid Resources Ltd
(TSXV: SRW)

7.7%

0.14

0.13

Forum Uranium Corp
(TSXV: FDC)

-8.1%

0.34

0.37

Africa Hydrocarbons Inc
(TSXV: NFK)

3.8%

0.14

0.13

Laramide Resources Ltd
(TSX: LAM)

-6.9%

0.54

0.54

Touchstone Exploration Inc
(TSXV: TAB)

2.6%

0.20

0.19

Solium Capital Inc
(TSX: SUM)

-6.5%

6.46

6.63

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Vocus Inc
(NASDAQ: VOCS)

47.1%

17.92

13.75

ScripsAmerica Inc
(OTC BB: SCRC)

-14.9%

0.102

0.11

Agios Pharmaceuticals Inc
(NASDAQ: AGIO)

27.8%

45.35

38.60

Terra Tech Corp
(OTC BB: TRTC)

-11.7%

0.795

0.89

Harvest Natural Resources Inc
(NYSE: HNR)

14.4%

4.21

4.03

IGI Laboratories Inc
(NYSE: IG)

-10.8%

4.88

4.94

Atlas Financial Holdings Inc
(NASDAQ: AFH)

9.0%

14.45

13.46

Luxoft Holding Inc
(NYSE: LXFT)

-10.6%

32.44

34.12

TFS Financial Corp
(NASDAQ: TFSL)

6.5%

12.86

12.21

Catalyst Pharmaceutical Partners Inc
(NASDAQ: CPRX)

-8.8%

2.06

2.22

50 DMA

Vocus Inc
(NASDAQ: VOCS)

47.1%

17.92

13.18

Omni Bio Pharmaceutical Inc
(OTC BB: OMBP)

-22.5%

0.3099

0.34

Harvest Natural Resources Inc
(NYSE: HNR)

14.4%

4.21

4.18

NanoString Technologies Inc
(NASDAQ: NSTG)

-12.2%

17.42

19.24

Enservco Corp
(OTC BB: ENSV)

5.2%

2.44

2.38

Luxoft Holding Inc
(NYSE: LXFT)

-10.6%

32.44

35.83

Tredegar Corp
(NYSE: TG)

4.8%

24.24

23.95

ChinaCache International Holdings Ltd
(NASDAQ: CCIH)

-9.5%

18.76

20.44

Abaxis Inc
(NASDAQ: ABAX)

3.9%

39.43

38.58

Catalyst Pharmaceutical Partners Inc
(NASDAQ: CPRX)

-8.8%

2.06

2.12

200 DMA

Idenix Pharmaceuticals Inc
(NASDAQ: IDIX)

12.4%

5.81

5.26

WageWorks Inc
(NYSE: WAGE)

-9.5%

48.71

51.61

Zoom Technologies Inc
(NASDAQ: ZOOM)

7.0%

3.96

3.86

Gogo Inc
(NASDAQ: GOGO)

-8.0%

18.65

19.27

Pacific Biosciences of California Inc
(NASDAQ: PACB)

4.8%

4.84

4.71

Trina Solar Ltd
(NYSE: TSL)

-7.3%

12.62

12.82

Alnylam Pharmaceuticals Inc
(NASDAQ: ALNY)

3.9%

62.55

61.14

Unilife Corp
(NASDAQ: UNIS)

-7.2%

3.48

3.74

Arena Pharmaceuticals Inc
(NASDAQ: ARNA)

2.6%

6.38

6.25

NQ Mobile Inc
(NYSE: NQ)

-7.0%

15.81

16.02

Related articles

Recent articles