Technical Breakouts to Watch for June 18, 2014 (TSXV: KBT) (NASDAQ: BIOL)

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In the Canadian markets, Kombat Copper Inc (TSXV: KBT) gained 20% Tuesday, piercing the long term 200 DMA (Daily Moving Average) of C$0.11. Goldrock Mines Corp (TSXV: GRM), Claude Resources Inc (TSX: CRJ), Eastmain Resources Inc (TSX: ER), and Adriana Resources Inc (TSXV: ADI) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in International Tower Hill Mines Ltd (TSX: ITH), Sintana Energy Inc (TSXV: SNN), Platinum Group Metals Ltd (TSX: PTM), Scorpio Gold Corp (TSXV: SGN), and Guestlogix Inc (TSX: GXI).

Kombat Copper Inc (TSXV: KBT) – Technical Chart

Bengal Energy Ltd (TSX: BNG)

In the U.S. markets, Biolase Inc (NASDAQ: BIOL), SolarCity Corp (NASDAQ: SCTY), China BAK Battery Inc (NASDAQ: CBAK), Cardica Inc (NASDAQ: CRDC), and Move Inc (NASDAQ: MOVE) witnessed strong price gains and breakouts above their 200 DMAs Tuesday. Acorda Therapeutics Inc (NASDAQ: ACOR), Sinclair Broadcast Group Inc (NASDAQ: SBGI), Castle Brands Inc (NYSE: ROX), Retrophin Inc (NASDAQ: RTRX), and PennantPark Investment Corp (NASDAQ: PNNT) 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

Palliser Oil & Gas Corp
(TSXV: PXL)

30.4%

0.15

0.14

Mart Resources Inc
(TSX: MMT)

-11.3%

1.41

1.48

Kombat Copper Inc
(TSXV: KBT)

20.0%

0.12

0.10

Nulegacy Gold Corp
(TSXV: NUG)

-10.7%

0.13

0.14

Goldrock Mines Corp
(TSXV: GRM)

16.3%

0.47

0.43

International Tower Hill Mines Ltd
(TSX: ITH)

-10.4%

0.60

0.64

Bengal Energy Ltd
(TSX: BNG)

15.0%

0.69

0.60

Belo Sun Mining Corp
(TSX: BSX)

-7.5%

0.19

0.20

Titanium Corp Inc
(TSXV: TIC)

13.6%

1.75

1.74

Talon Metals Corp
(TSX: TLO)

-7.3%

0.19

0.20

50 DMA

Kombat Copper Inc
(TSXV: KBT)

20.0%

0.12

0.11

Mart Resources Inc
(TSX: MMT)

-11.3%

1.41

1.48

Goldrock Mines Corp
(TSXV: GRM)

16.3%

0.47

0.44

Nulegacy Gold Corp
(TSXV: NUG)

-10.7%

0.13

0.14

Bengal Energy Ltd
(TSX: BNG)

15.0%

0.69

0.60

D-Box Technologies Inc
(TSX: DBO)

-6.9%

0.27

0.27

Titanium Corp Inc
(TSXV: TIC)

13.6%

1.75

1.69

Falcon Oil & Gas Ltd
(TSXV: FO)

-3.0%

0.16

0.16

Raise Production Inc
(TSXV: RPC)

12.4%

2.80

2.67

Canfor Corp
(TSX: CFP)

-2.7%

24.09

24.61

200 DMA

Kombat Copper Inc
(TSXV: KBT)

20.0%

0.12

0.11

International Tower Hill Mines Ltd
(TSX: ITH)

-10.4%

0.60

0.61

Goldrock Mines Corp
(TSXV: GRM)

16.3%

0.47

0.43

Sintana Energy Inc
(TSXV: SNN)

-4.0%

0.12

0.12

Claude Resources Inc
(TSX: CRJ)

10.8%

0.21

0.19

Platinum Group Metals Ltd
(TSX: PTM)

-2.4%

1.21

1.22

Eastmain Resources Inc
(TSX: ER)

8.8%

0.37

0.35

Scorpio Gold Corp
(TSXV: SGN)

-2.0%

0.24

0.24

Adriana Resources Inc
(TSXV: ADI)

8.1%

0.20

0.20

Guestlogix Inc
(TSX: GXI)

-0.8%

1.20

1.21

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change (%)

Close

DMA

Company

One-day change (%)

Close

DMA

30 DMA

Biolase Inc
(NASDAQ: BIOL)

19.7%

2.25

1.92

Escalera Resources Co
(NASDAQ: ESCR)

-13.0%

2.69

2.73

Altair Nanotechnologies Inc
(NASDAQ: ALTI)

17.0%

3.44

3.11

Ring Energy Inc
(NYSE: REI)

-10.3%

17.40

18.69

Real Goods Solar Inc
(NASDAQ: RGSE)

16.5%

2.76

2.47

Acorda Therapeutics Inc
(NASDAQ: ACOR)

-9.0%

32.12

32.54

Liberated Energy Inc
(OTC BB: LIBE)

16.1%

0.11

0.10

GTT Communications Inc
(NYSE: GTT)

-8.0%

9.81

10.10

Smith Micro Software Inc
(NASDAQ: SMSI)

15.5%

0.97

0.90

Natural Resource Partners LP
(NYSE: NRP)

-4.8%

14.54

14.96

50 DMA

Biolase Inc
(NASDAQ: BIOL)

19.7%

2.25

2.02

Escalera Resources Co
(NASDAQ: ESCR)

-13.0%

2.69

2.77

Altair Nanotechnologies Inc
(NASDAQ: ALTI)

17.0%

3.44

3.44

Body Central Corp
(NASDAQ: BODY)

-12.6%

0.91

0.91

Forest Oil Corp
(NYSE: FST)

14.4%

2.30

2.12

Ring Energy Inc
(NYSE: REI)

-10.3%

17.40

18.37

Global Eagle Entertainment Inc
(NASDAQ: ENT)

11.5%

12.24

11.49

Acorda Therapeutics Inc
(NASDAQ: ACOR)

-9.0%

32.12

33.63

Hanwha SolarOne Co Ltd
(NASDAQ: HSOL)

8.9%

2.70

2.53

GTT Communications Inc
(NYSE: GTT)

-8.0%

9.81

10.53

200 DMA

Biolase Inc
(NASDAQ: BIOL)

19.7%

2.25

2.21

Acorda Therapeutics Inc
(NASDAQ: ACOR)

-9.0%

32.12

33.57

SolarCity Corp
(NASDAQ: SCTY)

17.6%

64.53

56.61

Sinclair Broadcast Group Inc
(NASDAQ: SBGI)

-3.9%

30.11

30.60

China BAK Battery Inc
(NASDAQ: CBAK)

12.1%

2.41

2.39

Castle Brands Inc
(NYSE: ROX)

-2.2%

0.87

0.88

Cardica Inc
(NASDAQ: CRDC)

10.5%

1.16

1.10

Retrophin Inc
(NASDAQ: RTRX)

-2.0%

11.02

11.10

Move Inc
(NASDAQ: MOVE)

7.8%

14.98

14.13

PennantPark Investment Corp
(NASDAQ: PNNT)

-1.9%

11.05

11.25

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