Technical Breakouts: Magor Corp Breaks 200 DMA Signaling Upward Trend

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In the Canadian markets, Magor Corp (TSXV: MCC) gained 19% Monday, piercing both the 30 & 50-day (short term) and 200-day (long term) DMAs at C$0.31, C$0.32 & C$0.35 respectively. Virtutone Networks Inc (TSXV: VFX), Microcoal Technologies Inc (CNSX: MTI), Eguana Technologies Inc (TSXV: EGT), and Petroamerica Oil Corp (TSXV: PTA) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Guestlogix Inc (TSX: GXI), Theralase Technologies Inc (TSXV: TLT), Gold Standard Ventures Corp (TSXV: GSV), Athabasca Oil Corp (TSX: ATH), and Element Financial Corp (TSX: EFN).

Magor Corp (TSXV: MCC) – Technical Chart

Critical Elements Corp (TSXV: CRE)

In the U.S. markets, Lentuo International Inc (NYSE: LAS), Dakota Plains Holdings Inc (OTC BB: DAKP), ADDvantage Technologies Group Inc (NASDAQ: AEY), Fuel Tech Inc (NASDAQ: FTEK), and Energy Recovery Inc (NASDAQ: ERII) witnessed strong price gains and breakouts above their 200 DMAs Monday. Mines Management Inc (NYSE: MGN), MasTec Inc (NYSE: MTZ), Team Inc (NYSE: TISI), Spartan Stores Inc (NASDAQ: SPTN), and Vonage Holdings Corp (NYSE: VG) 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

Erdene Resource Development Corp
(TSX: ERD)

25.8%

0.20

0.18

Sintana Energy Inc
(TSXV: SNN)

-10.7%

0.13

0.13

Harte Gold Corp
(TSX: HRT)

25.0%

0.15

0.12

Zaio Corp
(TSXV: ZAO)

-9.1%

0.20

0.22

Inspiration Mining Corp
(TSX: ISM)

21.4%

0.17

0.14

Junex Inc
(TSXV: JNX)

-7.7%

0.48

0.51

Magor Corp
(TSXV: MCC)

19.4%

0.37

0.31

NexGen Energy Ltd
(TSXV: NXE)

-6.3%

0.30

0.30

Arian Resources Corp
(TSXV: ARC)

15.0%

0.12

0.11

Argex Titanium Inc
(TSX: RGX)

-4.5%

0.85

0.86

50 DMA

Erdene Resource Development Corp
(TSX: ERD)

25.8%

0.20

0.17

GeneNews Ltd
(TSX: GEN)

-12.2%

1.30

1.30

Magor Corp
(TSXV: MCC)

19.4%

0.37

0.32

Sintana Energy Inc
(TSXV: SNN)

-10.7%

0.13

0.14

West High Yield WHY Resources Ltd
(TSXV: WHY)

11.4%

0.39

0.37

Argex Titanium Inc
(TSX: RGX)

-4.5%

0.85

0.87

Uex Corp
(TSX: UEX)

9.1%

0.48

0.46

Patient Home Monitoring Corp
(TSXV: PHM)

-4.1%

0.24

0.24

Eguana Technologies Inc
(TSXV: EGT)

8.7%

0.50

0.48

Canexus Corp
(TSX: CUS)

-3.2%

4.78

4.87

200 DMA

Magor Corp
(TSXV: MCC)

19.4%

0.37

0.35

Guestlogix Inc
(TSX: GXI)

-4.1%

1.18

1.19

Virtutone Networks Inc
(TSXV: VFX)

9.7%

0.40

0.37

Theralase Technologies Inc
(TSXV: TLT)

-2.9%

0.33

0.33

Microcoal Technologies Inc
(CNSX: MTI)

8.7%

0.25

0.24

Gold Standard Ventures Corp
(TSXV: GSV)

-2.7%

0.71

0.72

Eguana Technologies Inc
(TSXV: EGT)

8.7%

0.50

0.47

Athabasca Oil Corp
(TSX: ATH)

-2.6%

7.35

7.39

Petroamerica Oil Corp
(TSXV: PTA)

4.8%

0.33

0.32

Element Financial Corp
(TSX: EFN)

-2.6%

13.30

13.64

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Lentuo International Inc
(NYSE: LAS)

41.5%

3.82

2.84

Puma Biotechnology Inc
(NYSE: PBYI)

-25.3%

57.06

71.86

Liberated Energy Inc
(OTC BB: LIBE)

38.4%

0.11

0.10

Body Central Corp
(NASDAQ: BODY)

-14.6%

0.76

0.84

Worlds Inc
(OTC BB: WDDD)

14.3%

0.16

0.14

GTx Inc
(NASDAQ: GTXI)

-14.5%

1.42

1.44

ADDvantage Technologies Group Inc
(NASDAQ: AEY)

14.1%

3.00

2.98

ImmunoCellular Therapeutics Ltd
(NYSE: IMUC)

-14.2%

1.15

1.22

Profire Energy Inc
(NASDAQ: PFIE)

10.5%

4.42

4.12

Federated National Holding Co
(NASDAQ: FNHC)

-11.1%

20.83

21.51

50 DMA

Lentuo International Inc
(NYSE: LAS)

41.5%

3.82

3.10

GTx Inc
(NASDAQ: GTXI)

-14.5%

1.42

1.47

Worlds Inc
(OTC BB: WDDD)

14.3%

0.16

0.15

ImmunoCellular Therapeutics Ltd
(NYSE: IMUC)

-14.2%

1.15

1.23

Ignyta Inc
(NASDAQ: RXDX)

12.7%

8.34

7.43

Horizon Energy Corp
(OTC BB: HORI)

-13.0%

0.26

0.27

ScripsAmerica Inc
(OTC BB: SCRC)

10.4%

0.12

0.11

Textura Corp
(NYSE: TXTR)

-8.6%

19.13

20.70

Synthesis Energy Systems Inc
(NASDAQ: SYMX)

8.9%

1.71

1.70

Weis Markets Inc
(NYSE: WMK)

-8.3%

43.44

47.07

200 DMA

Lentuo International Inc
(NYSE: LAS)

41.5%

3.82

3.46

Mines Management Inc
(NYSE: MGN)

-16.3%

0.82

0.87

Dakota Plains Holdings Inc
(OTC BB: DAKP)

14.3%

2.40

2.11

MasTec Inc
(NYSE: MTZ)

-10.9%

32.06

35.49

ADDvantage Technologies Group Inc
(NASDAQ: AEY)

14.1%

3.00

2.80

Team Inc
(NYSE: TISI)

-7.8%

38.67

41.03

Fuel Tech Inc
(NASDAQ: FTEK)

5.1%

5.82

5.76

Spartan Stores Inc
(NASDAQ: SPTN)

-7.5%

22.47

22.59

Energy Recovery Inc
(NASDAQ: ERII)

4.6%

5.42

5.32

Vonage Holdings Corp
(NYSE: VG)

-6.6%

3.55

3.71

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