Technical Breakouts to Watch for April 22, 2014 (TSXV: ARH) (NASDAQ: SRPT)

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In the Canadian markets, Altima Resources Ltd (TSXV: ARH) gained 38% Monday, piercing the long term 200 DMA (Daily Moving Average) of C$0.09. Suroco Energy Inc (TSXV: SRN), Cipher Pharmaceuticals Inc (TSX: DND), Continental Gold Ltd (TSX: CNL), and Patient Home Monitoring Corp (TSXV: PHM) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Orex Minerals Inc (TSXV: REX), Agnico Eagle Mines Ltd (TSX: AEM), Penn West Petroleum Ltd (TSX: PWT), WestJet Airlines Ltd (TSX: WJA), and Metro Inc (TSX: MRU).

Altima Resources Ltd (TSXV: ARH) – Technical Chart

Altima Resources Ltd (TSXV: ARH)

In the U.S. markets, Sarepta Therapeutics Inc (NASDAQ: SRPT), Sequans Communications SA (NYSE: SQNS), Advanced Micro Devices Inc (NYSE: AMD), Forbes Energy Services Ltd (NASDAQ: FES), and Stereotaxis Inc (NASDAQ: STXS) witnessed strong price gains and breakouts above their 200 DMAs Monday. iBio Inc (NYSE: IBIO), Atlas Resource Partners LP (NYSE: ARP), Compugen Ltd (NASDAQ: CGEN), E-House China Holdings Ltd (NYSE: EJ), and Popeyes Louisiana Kitchen Inc (NASDAQ: PLKI) 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

Flinders Resources Ltd
(TSXV: FDR)

22.6%

0.76

0.63

Solutions4CO2 Inc
(TSXV: SFC)

-14.3%

0.24

0.24

theScore Inc
(TSXV: SCR)

15.0%

0.35

0.33

Orex Minerals Inc
(TSXV: REX)

-11.5%

0.23

0.25

Amex Exploration Inc
(TSXV: AMX)

10.0%

0.17

0.16

Robex Resources Inc
(TSXV: RBX)

-8.7%

0.21

0.23

Western Lithium USA Corp
(TSX: WLC)

9.5%

0.69

0.69

Sterling Resources Ltd
(TSXV: SLG)

-6.1%

0.62

0.65

Uex Corp
(TSX: UEX)

8.0%

0.54

0.51

Lake Shore Gold Corp
(TSX: LSG)

-4.8%

0.79

0.83

50 DMA

theScore Inc
(TSXV: SCR)

15.0%

0.35

0.31

Solutions4CO2 Inc
(TSXV: SFC)

-14.3%

0.24

0.25

Graphite One Resources Inc
(TSXV: GPH)

11.8%

0.19

0.18

Orex Minerals Inc
(TSXV: REX)

-11.5%

0.23

0.25

Erdene Resource Development Corp
(TSX: ERD)

8.3%

0.20

0.18

SoMedia Networks Inc
(TSXV: VID)

-9.4%

0.29

0.32

Uex Corp
(TSX: UEX)

8.0%

0.54

0.53

Robex Resources Inc
(TSXV: RBX)

-8.7%

0.21

0.22

Cipher Pharmaceuticals Inc
(TSX: DND)

7.2%

8.18

7.64

Pengrowth Energy Corp
(TSX: PGF)

-2.0%

6.9

7.01

200 DMA

Altima Resources Ltd
(TSXV: ARH)

37.5%

0.11

0.09

Orex Minerals Inc
(TSXV: REX)

-11.5%

0.23

0.26

Suroco Energy Inc
(TSXV: SRN)

13.6%

0.38

0.34

Agnico Eagle Mines Ltd
(TSX: AEM)

-3.9%

30.05

31.00

Cipher Pharmaceuticals Inc
(TSX: DND)

7.2%

8.18

7.66

Penn West Petroleum Ltd
(TSX: PWT)

-2.8%

10.03

10.27

Continental Gold Ltd
(TSX: CNL)

5.1%

3.92

3.90

WestJet Airlines Ltd
(TSX: WJA)

-0.8%

24.93

25.04

Patient Home Monitoring Corp
(TSXV: PHM)

4.2%

0.25

0.25

Metro Inc
(TSX: MRU)

-0.2%

65.55

65.63

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Sarepta Therapeutics Inc
(NASDAQ: SRPT)

39.3%

33.98

25.50

Atlas Energy LP
(NYSE: ATLS)

-7.9%

39.61

42.39

Cbeyond Inc
(NASDAQ: CBEY)

38.6%

9.81

7.19

AXT Inc
(NASDAQ: AXTI)

-4.8%

2.16

2.27

Aastrom Biosciences Inc
(NASDAQ: ASTM)

24.4%

4.38

4.13

Plug Power Inc
(NASDAQ: PLUG)

-4.2%

7.0099

7.03

ANI Pharmaceuticals Inc
(NASDAQ: ANIP)

20.7%

30.83

29.95

Atlas Pipeline Partners LP
(NYSE: APL)

-3.9%

30.92

31.63

Synthetic Biologics Inc
(NYSE: SYN)

14.3%

2.88

2.74

QIWI plc
(NASDAQ: QIWI)

-3.9%

32.67

33.88

50 DMA

Sarepta Therapeutics Inc
(NASDAQ: SRPT)

39.3%

33.98

26.50

Atlas Energy LP
(NYSE: ATLS)

-7.9%

39.61

42.80

Cbeyond Inc
(NASDAQ: CBEY)

38.6%

9.81

7.14

Castle Brands Inc
(NYSE: ROX)

-5.4%

1.06

1.08

Aastrom Biosciences Inc
(NASDAQ: ASTM)

24.4%

4.38

3.84

Atlas Pipeline Partners LP
(NYSE: APL)

-3.9%

30.92

31.55

ANI Pharmaceuticals Inc
(NASDAQ: ANIP)

20.7%

30.83

29.29

Timberline Resources Corp
(NYSE: TLR)

-3.1%

0.1522

0.16

IGI Laboratories Inc
(NYSE: IG)

15.5%

4.76

4.55

PetroLogistics LP
(NYSE: PDH)

-2.4%

12.38

12.49

200 DMA

Sarepta Therapeutics Inc
(NASDAQ: SRPT)

39.3%

33.98

30.75

iBio Inc
(NYSE: IBIO)

-6.8%

0.43

0.46

Sequans Communications SA
(NYSE: SQNS)

13.8%

2.55

2.29

Atlas Resource Partners LP
(NYSE: ARP)

-5.0%

20.18

21.01

Advanced Micro Devices Inc
(NYSE: AMD)

11.7%

4.12

3.74

Compugen Ltd
(NASDAQ: CGEN)

-2.8%

9.44

9.60

Forbes Energy Services Ltd
(NASDAQ: FES)

11.0%

4.33

4.09

E-House China Holdings Ltd
(NYSE: EJ)

-2.2%

10.21

10.25

Stereotaxis Inc
(NASDAQ: STXS)

8.1%

3.89

3.89

Popeyes Louisiana Kitchen Inc
(NASDAQ: PLKI)

-2.1%

39.99

40.81

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