Technical Breakouts to Watch for May 29, 2014 (TSXV: FLY) (NASDAQ: DPW)

Published:

In the Canadian markets, Flyht Aerospace Solutions Ltd (TSXV: FLY) gained 4% Wednesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.46. Tomagold Corp (TSXV: LOT), Guestlogix Inc (TSX: GXI), Donnycreek Energy Inc (TSXV: DCK), and BlackPearl Resources Inc (TSX: PXX) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in DealNet Capital Corp (CNSX: DLS), Fireswirl Technologies Inc (TSXV: FSW), Connacher Oil and Gas Ltd (TSX: CLL), Virtutone Networks Inc (TSXV: VFX), and Fortuna Silver Mines Inc (TSX: FVI).

Flyht Aerospace Solutions Ltd (TSXV: FLY) – Technical Chart

Critical Elements Corp (TSXV: CRE)

In the U.S. markets, Digital Power Corp/United States (NYSE: DPW), FormFactor Inc (NASDAQ: FORM), Prosensa Holding NV (NASDAQ: RNA), You On Demand Holdings Inc (NASDAQ: YOD), and Guided Therapeutics Inc (OTC BB: GTHP) witnessed strong price gains and breakouts above their 200 DMAs Wednesday. Daktronics Inc (NASDAQ: DAKT), Spectranetics Corp (NASDAQ: SPNC), Shutterstock Inc (NYSE: SSTK), America’s Car-Mart Inc/TX (NASDAQ: CRMT), and NeoGenomics Inc (NASDAQ: NEO) 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

Ballard Power Systems Inc
(TSX: BLD)

18.5%

4.22

3.80

Goldsource Mines Inc
(TSXV: GXS)

-22.2%

0.21

0.23

Cartier Resources Inc
(TSXV: ECR)

14.3%

0.12

0.12

Newport Exploration Ltd
(TSXV: NWX)

-13.3%

0.52

0.56

Arian Resources Corp
(TSXV: ARC)

13.6%

0.13

0.12

DealNet Capital Corp
(CNSX: DLS)

-13.0%

0.20

0.23

DragonWave Inc
(TSX: DWI)

12.6%

1.52

1.41

Pretium Resources Inc
(TSX: PVG)

-5.0%

7.09

7.16

Spectra7 Microsystems Inc
(TSXV: SEV)

10.0%

0.44

0.41

Copper Fox Metals Inc
(TSXV: CUU)

-4.2%

0.23

0.24

50 DMA

Ballard Power Systems Inc
(TSX: BLD)

18.5%

4.22

4.21

Goldsource Mines Inc
(TSXV: GXS)

-22.2%

0.21

0.24

DragonWave Inc
(TSX: DWI)

12.6%

1.52

1.47

NOVX21 Inc
(TSXV: NOV)

-7.4%

0.13

0.13

Vicwest Inc
(TSX: VIC)

9.3%

10.32

9.68

Primeline Energy Holdings Inc
(TSXV: PEH)

-7.0%

0.66

0.68

Pan Orient Energy Corp
(TSXV: POE)

7.2%

2.09

1.97

Bellatrix Exploration Ltd
(TSX: BXE)

-6.5%

9.55

9.93

Zecotek Photonics Inc
(TSXV: ZMS)

5.7%

0.74

0.74

CWC Well Services Corp
(TSXV: CWC)

-3.8%

1.02

1.05

200 DMA

Flyht Aerospace Solutions Ltd
(TSXV: FLY)

4.4%

0.47

0.46

DealNet Capital Corp
(CNSX: DLS)

-13.0%

0.20

0.20

Tomagold Corp
(TSXV: LOT)

3.7%

0.14

0.14

Fireswirl Technologies Inc
(TSXV: FSW)

-10.0%

0.27

0.27

Guestlogix Inc
(TSX: GXI)

3.5%

1.19

1.19

Connacher Oil and Gas Ltd
(TSX: CLL)

-8.7%

0.21

0.22

Donnycreek Energy Inc
(TSXV: DCK)

2.8%

2.22

2.16

Virtutone Networks Inc
(TSXV: VFX)

-5.1%

0.37

0.37

BlackPearl Resources Inc
(TSX: PXX)

1.3%

2.33

2.33

Fortuna Silver Mines Inc
(TSX: FVI)

-5.0%

4.01

4.06

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

DARA Biosciences Inc
(NASDAQ: DARA)

98.2%

2.18

1.62

FX Energy Inc
(NASDAQ: FXEN)

-19.2%

3.88

4.62

LiveDeal Inc
(NASDAQ: LIVE)

33.8%

5.07

4.06

Daktronics Inc
(NASDAQ: DAKT)

-18.5%

11.80

13.49

Ambient Corp
(NASDAQ: AMBT)

31.3%

1.05

0.91

ScripsAmerica Inc
(OTC BB: SCRC)

-12.0%

0.10

0.11

MagneGas Corp
(NASDAQ: MNGA)

28.5%

1.67

1.30

Spectranetics Corp
(NASDAQ: SPNC)

-8.1%

22.39

22.85

Digital Power Corp/United States
(NYSE: DPW)

26.5%

1.05

1.01

eOn Communications Corp
(NASDAQ: EONC)

-7.6%

3.54

3.77

50 DMA

DARA Biosciences Inc
(NASDAQ: DARA)

98.2%

2.18

2.12

FX Energy Inc
(NASDAQ: FXEN)

-19.2%

3.88

4.15

MagneGas Corp
(NASDAQ: MNGA)

28.5%

1.67

1.41

Daktronics Inc
(NASDAQ: DAKT)

-18.5%

11.80

13.73

FormFactor Inc
(NASDAQ: FORM)

16.3%

7.12

6.13

ScripsAmerica Inc
(OTC BB: SCRC)

-12.0%

0.10

0.11

Inuvo Inc
(NYSE: INUV)

14.9%

0.78

0.77

3D Systems Corp
(NYSE: DDD)

-10.9%

50.44

52.30

Synaptics Inc
(NASDAQ: SYNA)

12.1%

67.78

60.57

Shutterstock Inc
(NYSE: SSTK)

-7.5%

68.28

71.39

200 DMA

Digital Power Corp/United States
(NYSE: DPW)

26.5%

1.05

0.84

Daktronics Inc
(NASDAQ: DAKT)

-18.5%

11.80

13.27

FormFactor Inc
(NASDAQ: FORM)

16.3%

7.12

6.22

Spectranetics Corp
(NASDAQ: SPNC)

-8.1%

22.39

22.82

Prosensa Holding NV
(NASDAQ: RNA)

11.9%

8.91

8.22

Shutterstock Inc
(NYSE: SSTK)

-7.5%

68.28

73.54

You On Demand Holdings Inc
(NASDAQ: YOD)

10.6%

3.12

2.88

America’s Car-Mart Inc/TX
(NASDAQ: CRMT)

-7.1%

37.64

40.45

Guided Therapeutics Inc
(OTC BB: GTHP)

10.0%

0.55

0.55

NeoGenomics Inc
(NASDAQ: NEO)

-5.6%

3.34

3.35

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