In the Canadian markets, Alderon Iron Ore Corp (TSX: ADV) gained 2% Wednesday, closing above the long term 200 DMA (Daily Moving Average) of C$1.58. Progressive Waste Solutions Ltd (TSX: BIN), Cascades Inc (TSX: CAS), BrightPath Early Learning Inc (TSXV: BPE), and Industrial Alliance Insurance & Financial Services Inc (TSX: IAG) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Hyduke Energy Services Inc (TSX: HYD), Tirex Resources Ltd (TSXV: TXX), U308 Corp (TSX: UWE), Uex Corp (TSX: UEX), and Continental Gold Ltd (TSX: CNL).
|
Alderon Iron Ore Corp (TSX: ADV) – Technical Chart |
|
|
In the U.S. markets, AVANIR Pharmaceuticals Inc (NASDAQ: AVNR), Growlife Inc (OTC BB: PHOT), PokerTek Inc (NASDAQ: PTEK), Aspen Technology Inc (NASDAQ: AZPN), and Universal Electronics Inc (NASDAQ: UEIC) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Synthetic Biologics Inc (NYSE: SYN), Vistaprint NV (NASDAQ: VPRT), Power Integrations Inc (NASDAQ: POWI), USANA Health Sciences Inc (NYSE: USNA), and ChinaNet Online Holdings Inc (NASDAQ: CNET) witnessed price declines and fell below their 200 DMAs Wednesday.
|
Breakouts – Canada |
||||||||
|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Theratechnologies Inc |
34.1% |
0.57 |
0.45 |
Medifocus Inc |
-32.4% |
0.125 |
0.18 |
|
Intrinsyc Software International Inc |
12.0% |
0.14 |
0.13 |
Nemaska Lithium Inc |
-8.7% |
0.105 |
0.11 |
|
|
WesternZagros Resources Ltd |
11.5% |
0.87 |
0.86 |
Atlantic Power Corp |
-6.6% |
3.27 |
3.29 |
|
|
Verisante Technology Inc |
11.1% |
0.20 |
0.19 |
Horizon North Logistics Inc |
-5.6% |
7.99 |
8.23 |
|
|
Macro Enterprises Inc |
8.4% |
5.69 |
5.26 |
Sulliden Gold Corp Ltd |
-5.0% |
0.76 |
0.79 |
|
|
50 DMA |
Divestco Inc |
34.8% |
0.16 |
0.12 |
Palliser Oil & Gas Corp |
-14.3% |
0.21 |
0.22 |
|
Theratechnologies Inc |
34.1% |
0.57 |
0.45 |
theScore Inc |
-8.7% |
0.315 |
0.33 |
|
|
Euromax Resources Ltd |
23.3% |
0.19 |
0.17 |
Led Medical Diagnostics Inc |
-8.2% |
0.45 |
0.48 |
|
|
Saturn Minerals Inc |
11.5% |
0.15 |
0.13 |
Horizon North Logistics Inc |
-5.6% |
7.99 |
8.08 |
|
|
Synodon Inc |
9.1% |
0.30 |
0.30 |
Altius Minerals Corp |
-4.6% |
14.4 |
14.63 |
|
|
200 DMA |
Alderon Iron Ore Corp |
1.9% |
1.60 |
1.58 |
Hyduke Energy Services Inc |
-8.3% |
0.44 |
0.46 |
|
Progressive Waste Solutions Ltd |
1.8% |
26.68 |
26.49 |
Tirex Resources Ltd |
-6.5% |
0.29 |
0.30 |
|
|
Cascades Inc |
1.7% |
6.42 |
6.39 |
U308 Corp |
-3.7% |
0.13 |
0.13 |
|
|
BrightPath Early Learning Inc |
1.5% |
0.33 |
0.33 |
Uex Corp |
-3.3% |
0.435 |
0.44 |
|
|
Industrial Alliance Insurance & Financial Services Inc (TSX: IAG) |
0.7% |
45.25 |
44.99 |
Continental Gold Ltd |
-3.2% |
3.9 |
3.91 |
|
|
Breakouts – U.S. |
||||||||
|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
AVANIR Pharmaceuticals Inc |
45.6% |
4.98 |
3.63 |
Vistaprint NV |
-26.1% |
39.47 |
49.41 |
|
PokerTek Inc |
33.7% |
1.31 |
1.05 |
Auxilium Pharmaceuticals Inc |
-17.7% |
22.51 |
27.10 |
|
|
Zuoan Fashion Ltd |
19.9% |
2.05 |
1.98 |
USANA Health Sciences Inc |
-15.7% |
67.86 |
75.11 |
|
|
Straight Path Communications Inc |
16.7% |
7.00 |
6.85 |
Noodles & Co |
-13.7% |
32.79 |
37.44 |
|
|
LogMeIn Inc |
16.2% |
45.45 |
42.60 |
Dolby Laboratories Inc |
-9.3% |
39.85 |
43.63 |
|
|
50 DMA |
AVANIR Pharmaceuticals Inc |
45.6% |
4.98 |
3.84 |
Vistaprint NV |
-26.1% |
39.47 |
50.05 |
|
PokerTek Inc |
33.7% |
1.31 |
1.08 |
USANA Health Sciences Inc |
-15.7% |
67.86 |
74.67 |
|
|
Zuoan Fashion Ltd |
19.9% |
2.05 |
1.99 |
Medizone International Inc |
-14.2% |
0.163 |
0.17 |
|
|
LogMeIn Inc |
16.2% |
45.45 |
42.93 |
Noodles & Co |
-13.7% |
32.79 |
37.58 |
|
|
Huron Consulting Group Inc |
13.8% |
71.20 |
64.16 |
Dolby Laboratories Inc |
-9.3% |
39.85 |
43.33 |
|
|
200 DMA |
AVANIR Pharmaceuticals Inc |
45.6% |
4.98 |
4.15 |
Synthetic Biologics Inc |
-31.0% |
1.45 |
1.87 |
|
Growlife Inc |
43.9% |
0.19 |
0.18 |
Vistaprint NV |
-26.1% |
39.47 |
52.95 |
|
|
PokerTek Inc |
33.7% |
1.31 |
1.13 |
Power Integrations Inc |
-19.2% |
47.23 |
56.71 |
|
|
Aspen Technology Inc |
13.9% |
42.99 |
38.94 |
USANA Health Sciences Inc |
-15.7% |
67.86 |
75.74 |
|
|
Universal Electronics Inc |
9.2% |
37.35 |
36.05 |
ChinaNet Online Holdings Inc |
-8.4% |
0.87 |
0.91 |
|
