In the Canadian markets, Mawson West Ltd (TSX: MWE) gained 16% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.49. Golden Arrow Resources Corp (TSXV: GRG), Imperial Metals Corp (TSX: III), Spyglass Resources Corp (TSX: SGL), and Canfor Corp (TSX: CFP) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Sterling Resources Ltd (TSXV: SLG), Agnico Eagle Mines Ltd (TSX: AEM), Forsys Metals Corp (TSX: FSY), Alacer Gold Corp (TSX: ASR), and AuRico Gold Inc (TSX: AUQ).
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Mawson West Ltd (TSX: MWE) – Technical Chart |
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In the U.S. markets, Lightbridge Corp (NASDAQ: LTBR), Apricus Biosciences Inc (NASDAQ: APRI), Vasomedical Inc (OTC BB: VASO), Luna Innovations Inc (NASDAQ: LUNA), and OXiGENE Inc (NASDAQ: OXGN) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Gulf Resources Inc (NASDAQ: GURE), McEwen Mining Inc (NYSE: MUX), Patterson Cos Inc (NASDAQ: PDCO), MKS Instruments Inc (NASDAQ: MKSI), and Rubicon Technology Inc (NASDAQ: RBCN) witnessed price declines and fell below their 200 DMAs Wednesday.
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Breakouts – Canada |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
EmberClear Corp |
29.0% |
0.20 |
0.19 |
Pinecrest Energy Inc |
-8.1% |
0.17 |
0.18 |
|
Dalradian Resources Inc |
14.9% |
0.85 |
0.81 |
Led Medical Diagnostics Inc |
-7.7% |
0.48 |
0.48 |
|
|
BELLUS Health Inc |
12.7% |
0.80 |
0.78 |
Synodon Inc |
-7.1% |
0.325 |
0.34 |
|
|
Western Lithium USA Corp |
9.4% |
0.70 |
0.68 |
Romarco Minerals Inc |
-6.4% |
0.73 |
0.75 |
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Lithium Americas Corp |
7.8% |
0.28 |
0.26 |
Northstar Healthcare Inc |
-1.9% |
1.06 |
1.07 |
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|
50 DMA |
Abattis Bioceuticals Corp |
46.3% |
1.17 |
1.05 |
Jagercor Energy Corp |
-10.7% |
0.25 |
0.27 |
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Dalradian Resources Inc |
14.9% |
0.85 |
0.81 |
Sterling Resources Ltd |
-10.5% |
0.68 |
0.68 |
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Golden Arrow Resources Corp |
9.5% |
0.23 |
0.23 |
theScore Inc |
-6.3% |
0.3 |
0.31 |
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Lithium Americas Corp |
7.8% |
0.28 |
0.27 |
Declan Resources Inc |
-4.5% |
0.105 |
0.11 |
|
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Questor Technology Inc |
6.7% |
2.69 |
2.54 |
Aston Hill Financial Inc |
-4.1% |
1.17 |
1.19 |
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|
200 DMA |
Mawson West Ltd |
16.3% |
0.50 |
0.49 |
Sterling Resources Ltd |
-10.5% |
0.68 |
0.68 |
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Golden Arrow Resources Corp |
9.5% |
0.23 |
0.23 |
Agnico Eagle Mines Ltd |
-8.2% |
30.71 |
30.99 |
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Imperial Metals Corp |
5.2% |
13.90 |
13.83 |
Forsys Metals Corp |
-4.1% |
0.47 |
0.48 |
|
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Spyglass Resources Corp |
3.3% |
1.88 |
1.86 |
Alacer Gold Corp |
-2.5% |
2.71 |
2.71 |
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Canfor Corp |
3.1% |
24.41 |
24.08 |
AuRico Gold Inc |
-1.5% |
4.57 |
4.62 |
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Breakouts – U.S. |
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DMA |
Bullish |
Bearish |
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|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
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|
30 DMA |
Zalicus Inc |
31.1% |
1.35 |
1.27 |
Prestige Brands Holdings Inc |
-3.0% |
27.36 |
27.83 |
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Apricus Biosciences Inc |
18.9% |
2.39 |
2.28 |
Fidelity & Guaranty Life |
-3.0% |
22.6 |
22.95 |
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Interactive Brokers Group Inc |
11.7% |
24.08 |
21.94 |
Harvard Apparatus Regenerative Technology Inc (NASDAQ: HART) |
-2.9% |
8.7 |
8.95 |
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|
Hooper Holmes Inc |
11.2% |
0.65 |
0.60 |
Mindray Medical International Ltd |
-1.8% |
32.42 |
32.56 |
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Kona Grill Inc |
10.2% |
21.96 |
20.13 |
Fairchild Semiconductor International Inc (NASDAQ: FCS) |
-1.7% |
13.52 |
13.65 |
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|
50 DMA |
Apricus Biosciences Inc |
18.9% |
2.39 |
2.33 |
Carrols Restaurant Group Inc |
-4.1% |
6.75 |
7.02 |
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Interactive Brokers Group Inc |
11.7% |
24.08 |
21.93 |
US Energy Corp Wyoming |
-3.1% |
4.09 |
4.21 |
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Hooper Holmes Inc |
11.2% |
0.65 |
0.58 |
Prestige Brands Holdings Inc |
-3.0% |
27.36 |
27.89 |
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Enzon Pharmaceuticals Inc |
10.0% |
0.99 |
0.99 |
Cirrus Logic Inc |
-2.6% |
18.68 |
19.15 |
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OXiGENE Inc |
10.0% |
2.98 |
2.93 |
Christopher & Banks Corp |
-2.4% |
6.39 |
6.44 |
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|
200 DMA |
Lightbridge Corp |
20.2% |
2.38 |
2.04 |
Gulf Resources Inc |
-3.7% |
2.08 |
2.10 |
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Apricus Biosciences Inc |
18.9% |
2.39 |
2.17 |
McEwen Mining Inc |
-3.4% |
2.28 |
2.34 |
|
|
Vasomedical Inc |
13.3% |
0.34 |
0.31 |
Patterson Cos Inc |
-1.4% |
40.78 |
41.01 |
|
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Luna Innovations Inc |
12.9% |
1.50 |
1.40 |
MKS Instruments Inc |
-1.3% |
28.28 |
28.62 |
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OXiGENE Inc |
10.0% |
2.98 |
2.71 |
Rubicon Technology Inc |
-1.1% |
10.53 |
10.61 |
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