Technical Breakouts to Watch for April 23, 2014 (TSXV: SND) (NASDAQ: IDRA)

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In the Canadian markets, Sandstorm Metals & Energy Ltd (TSXV: SND) gained 36% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$1.34. RTG Mining Inc (TSX: RTG), Rio Alto Mining Ltd (TSX: RIO), AuRico Gold Inc (TSX: AUQ), and Endeavour Silver Corp (TSX: EDR) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in TransGaming Inc (TSXV: TNG), Omni-Lite Industries Canada Inc (TSXV: OML), Victoria Gold Corp (TSXV: VIT), Strategic Metals Ltd (TSXV: SMD), and Hudson’s Bay Co (TSX: HBC).

Sandstorm Metals & Energy Ltd (TSXV: SND) – Technical Chart

Sandstorm Metals & Energy Ltd (TSXV: SND)

In the U.S. markets, Idera Pharmaceuticals Inc (NASDAQ: IDRA), Centene Corp (NYSE: CNC), PTC Therapeutics Inc (NASDAQ: PTCT), Nektar Therapeutics (NASDAQ: NKTR), and Puma Biotechnology Inc (NYSE: PBYI) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Media General Inc (NYSE: MEG), AngioDynamics Inc (NASDAQ: ANGO), athenahealth Inc (NASDAQ: ATHN), Renren Inc (NYSE: RENN), and Epiq Systems Inc (NASDAQ: EPIQ) witnessed price declines and fell below their 200 DMAs Tuesday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Sandstorm Metals & Energy Ltd
(TSXV: SND)

36.4%

1.35

1.11

Sernova Corp
(TSXV: SVA)

-21.2%

0.26

0.27

First Point Minerals Corp
(TSX: FPX)

27.3%

0.14

0.12

Erdene Resource Development Corp
(TSX: ERD)

-12.8%

0.17

0.18

Horn Petroleum Corp
(TSXV: HRN)

17.0%

0.31

0.28

TransGaming Inc
(TSXV: TNG)

-8.6%

0.16

0.17

Khan Resources Inc
(CNSX: KRI)

11.4%

0.39

0.35

Tellza Communications Inc
(TSX: TEL)

-6.3%

0.15

0.15

Sintana Energy Inc
(TSXV: SNN)

10.3%

0.16

0.16

Northstar Healthcare Inc
(TSX: NHC)

-6.3%

1.05

1.07

50 DMA

Sandstorm Metals & Energy Ltd
(TSXV: SND)

36.4%

1.35

1.14

Erdene Resource Development Corp
(TSX: ERD)

-12.8%

0.17

0.18

First Point Minerals Corp
(TSX: FPX)

27.3%

0.14

0.13

AQM Copper Inc
(TSXV: AQM)

-11.1%

0.12

0.12

Nautilus Minerals Inc
(TSX: NUS)

9.1%

0.24

0.23

Kombat Copper Inc
(TSXV: KBT)

-7.4%

0.125

0.13

Guestlogix Inc
(TSX: GXI)

8.5%

1.40

1.36

Tellza Communications Inc
(TSX: TEL)

-6.3%

0.15

0.15

Romarco Minerals Inc
(TSX: R)

7.2%

0.74

0.73

Northstar Healthcare Inc
(TSX: NHC)

-6.3%

1.05

1.07

200 DMA

Sandstorm Metals & Energy Ltd
(TSXV: SND)

36.4%

1.35

1.34

TransGaming Inc
(TSXV: TNG)

-8.6%

0.16

0.17

RTG Mining Inc
(TSX: RTG)

9.1%

0.12

0.12

Omni-Lite Industries Canada Inc
(TSXV: OML)

-5.4%

0.7

0.73

Rio Alto Mining Ltd
(TSX: RIO)

7.8%

2.20

2.12

Victoria Gold Corp
(TSXV: VIT)

-3.8%

0.125

0.13

AuRico Gold Inc
(TSX: AUQ)

5.7%

4.66

4.62

Strategic Metals Ltd
(TSXV: SMD)

-3.8%

0.385

0.40

Endeavour Silver Corp
(TSX: EDR)

5.6%

4.73

4.61

Hudson’s Bay Co
(TSX: HBC)

-0.7%

17.76

17.81

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

IntriCon Corp
(NASDAQ: IIN)

43.2%

6.66

4.76

Lexmark International Inc
(NYSE: LXK)

-11.2%

41.52

44.96

Revance Therapeutics Inc
(NASDAQ: RVNC)

25.8%

35.99

32.13

bebe stores inc
(NASDAQ: BEBE)

-9.9%

5.8

6.34

American Apparel Inc
(NYSE: APP)

21.6%

0.66

0.59

Aoxing Pharmaceutical Co Inc
(NYSE: AXN)

-9.0%

0.446

0.45

Evoke Pharma Inc
(NASDAQ: EVOK)

18.2%

9.29

8.75

Arch Coal Inc
(NYSE: ACI)

-8.5%

4.55

4.68

Agios Pharmaceuticals Inc
(NASDAQ: AGIO)

15.4%

47.54

41.45

ATA Inc/China
(NASDAQ: ATAI)

-6.5%

3.88

4.14

50 DMA

IntriCon Corp
(NASDAQ: IIN)

43.2%

6.66

4.70

Arotech Corp
(NASDAQ: ARTX)

-16.8%

3.71

4.16

Revance Therapeutics Inc
(NASDAQ: RVNC)

25.8%

35.99

30.86

Lexmark International Inc
(NYSE: LXK)

-11.2%

41.52

43.63

Centene Corp
(NYSE: CNC)

12.2%

64.29

61.66

bebe stores inc
(NASDAQ: BEBE)

-9.9%

5.8

6.17

Ambac Financial Group Inc
(NASDAQ: AMBC)

12.2%

31.97

30.20

Aoxing Pharmaceutical Co Inc
(NYSE: AXN)

-9.0%

0.446

0.45

China BAK Battery Inc
(NASDAQ: CBAK)

12.0%

3.09

3.08

Horizon Energy Corp
(OTC BB: HORI)

-7.7%

0.24

0.26

200 DMA

Idera Pharmaceuticals Inc
(NASDAQ: IDRA)

16.9%

3.32

3.04

Media General Inc
(NYSE: MEG)

-1.7%

15.45

15.67

Centene Corp
(NYSE: CNC)

12.2%

64.29

59.83

AngioDynamics Inc
(NASDAQ: ANGO)

-1.5%

14.38

14.56

PTC Therapeutics Inc
(NASDAQ: PTCT)

11.5%

20.72

20.69

athenahealth Inc
(NASDAQ: ATHN)

-1.1%

134.12

135.24

Nektar Therapeutics
(NASDAQ: NKTR)

11.0%

12.26

12.02

Renren Inc
(NYSE: RENN)

-0.9%

3.4

3.41

Puma Biotechnology Inc
(NYSE: PBYI)

9.7%

83.78

77.32

Epiq Systems Inc
(NASDAQ: EPIQ)

-0.7%

14.15

14.21

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