In the Canadian markets, Sulliden Gold Corp Ltd (TSX: SUE) gained 33% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.84. Falco Pacific Resource Group I (TSXV: FPC), Pacific Rubiales Energy Corp (TSX: PRE), WesternZagros Resources Ltd (TSXV: WZR), and Donnycreek Energy Inc (TSXV: DCK) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Keek Inc (TSXV: KEK), Rio Alto Mining Ltd (TSX: RIO), Fortune Minerals Ltd (TSX: FT), Capstone Mining Corp (TSX: CS), and Hudson Resources Inc/Canada (TSXV: HUD).
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Sulliden Gold Corp Ltd (TSX: SUE) – Technical Chart |
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In the U.S. markets, Rediff.Com India Ltd (NASDAQ: REDF), QIWI plc (NASDAQ: QIWI), Sify Technologies Ltd (NASDAQ: SIFY), Align Technology Inc (NASDAQ: ALGN), and JA Solar Holdings Co Ltd (NASDAQ: JASO) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Methes Energies International Ltd (NASDAQ: MEIL), La Jolla Pharmaceutical Co (NASDAQ: LJPC), Identive Group Inc (NASDAQ: INVE), China Mobile Games & Entertainment Group Ltd (NASDAQ: CMGE), and QuickLogic Corp (NASDAQ: QUIK) witnessed price declines and fell below their 200 DMAs Wednesday.
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Breakouts – Canada |
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|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Pangolin Diamonds Corp |
54.5% |
0.17 |
0.14 |
Euromax Resources Ltd |
-17.6% |
0.14 |
0.14 |
|
Sulliden Gold Corp Ltd |
33.3% |
1.04 |
0.79 |
Tomagold Corp |
-9.7% |
0.14 |
0.15 |
|
|
Aberdeen International Inc |
21.7% |
0.14 |
0.13 |
Largo Resources Ltd |
-8.8% |
0.26 |
0.27 |
|
|
Cortex Business Solutions Inc |
18.2% |
0.13 |
0.12 |
Zaio Corp |
-8.7% |
0.21 |
0.23 |
|
|
Falco Pacific Resource Group I |
12.5% |
0.50 |
0.47 |
RDX Technologies Corp |
-8.4% |
0.38 |
0.41 |
|
|
50 DMA |
Pangolin Diamonds Corp |
54.5% |
0.17 |
0.16 |
Euromax Resources Ltd |
-17.6% |
0.14 |
0.17 |
|
Sulliden Gold Corp Ltd |
33.3% |
1.04 |
0.81 |
Largo Resources Ltd |
-8.8% |
0.26 |
0.27 |
|
|
Aberdeen International Inc |
21.7% |
0.14 |
0.14 |
Royal Nickel Corp |
-8.3% |
0.55 |
0.58 |
|
|
Cortex Business Solutions Inc |
18.2% |
0.13 |
0.11 |
Theratechnologies Inc |
-8.2% |
0.45 |
0.47 |
|
|
CWC Well Services Corp |
11.0% |
1.11 |
1.03 |
Focus Ventures Ltd |
-6.7% |
0.28 |
0.29 |
|
|
200 DMA |
Sulliden Gold Corp Ltd |
33.3% |
1.04 |
0.84 |
Keek Inc |
-16.0% |
0.11 |
0.12 |
|
Falco Pacific Resource Group I |
12.5% |
0.50 |
0.45 |
Rio Alto Mining Ltd |
-8.0% |
1.96 |
2.12 |
|
|
Pacific Rubiales Energy Corp |
6.9% |
19.65 |
19.15 |
Fortune Minerals Ltd |
-5.7% |
0.33 |
0.34 |
|
|
WesternZagros Resources Ltd |
6.4% |
1.00 |
0.96 |
Capstone Mining Corp |
-3.3% |
2.65 |
2.73 |
|
|
Donnycreek Energy Inc |
6.3% |
2.21 |
2.15 |
Hudson Resources Inc/Canada |
-2.9% |
0.34 |
0.34 |
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Breakouts – U.S. |
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|
DMA |
Bullish |
Bearish |
||||||
|
Company |
One-day change (%) |
Close |
DMA |
Company |
One-day change (%) |
Close |
DMA |
|
|
30 DMA |
Glassesoff Inc |
31.0% |
1.65 |
1.58 |
Methes Energies International Ltd |
-27.1% |
2.07 |
2.60 |
|
Trina Solar Ltd |
30.9% |
13.56 |
11.56 |
eOn Communications Corp |
-17.4% |
3.42 |
3.92 |
|
|
MakeMyTrip Ltd |
20.0% |
25.09 |
21.79 |
CareView Communications Inc |
-9.7% |
0.65 |
0.67 |
|
|
Ezcorp Inc |
19.0% |
12.45 |
10.88 |
Booz Allen Hamilton Holding Corp |
-9.2% |
22.17 |
23.18 |
|
|
Sify Technologies Ltd |
14.7% |
2.19 |
1.96 |
Adamis Pharmaceuticals Corp |
-7.9% |
5.60 |
5.85 |
|
|
50 DMA |
China Ming Yang Wind Power Group Ltd (NYSE: MY) |
36.5% |
3.63 |
2.82 |
Methes Energies International Ltd |
-27.1% |
2.07 |
2.66 |
|
Trina Solar Ltd |
30.9% |
13.56 |
12.76 |
CareView Communications Inc |
-9.7% |
0.65 |
0.68 |
|
|
MakeMyTrip Ltd |
20.0% |
25.09 |
23.18 |
Booz Allen Hamilton Holding Corp |
-9.2% |
22.17 |
22.68 |
|
|
Ezcorp Inc |
19.0% |
12.45 |
11.14 |
Adamis Pharmaceuticals Corp |
-7.9% |
5.60 |
5.98 |
|
|
Sify Technologies Ltd |
14.7% |
2.19 |
2.00 |
Dycom Industries Inc |
-7.3% |
29.36 |
31.62 |
|
|
200 DMA |
Rediff.Com India Ltd |
23.6% |
2.72 |
2.26 |
Methes Energies International Ltd |
-27.1% |
2.07 |
2.78 |
|
QIWI plc |
20.7% |
42.12 |
38.65 |
La Jolla Pharmaceutical Co |
-11.3% |
7.60 |
7.98 |
|
|
Sify Technologies Ltd |
14.7% |
2.19 |
1.98 |
Identive Group Inc |
-7.4% |
0.72 |
0.78 |
|
|
Align Technology Inc |
5.3% |
52.71 |
52.36 |
China Mobile Games & Entertainment Group Ltd |
-6.5% |
19.80 |
21.11 |
|
|
JA Solar Holdings Co Ltd |
5.2% |
9.75 |
9.75 |
QuickLogic Corp |
-4.6% |
3.73 |
3.85 |
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